Administer Employment Benefits
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Employee benefits administration refers to the HR function of creating and managing employment benefits for existing and new employees. These benefits include:

  • Employees’ Provident Fund (EPF)
  • SOCSO
  • Medical benefits
  • Insurance
  • Annual leave
  • Travel expenses coverage or travel allowance
  • Meal allowance, parking allowance, or handphone allowance
  • Vehicle maintenance coverage
  • Employee investment trust fund, and others
Employment benefits vastly vary within every organization depending on the job roles and risk exposure. A graphic designer’s benefits will differ slightly with a sales representative’s package, as one is mostly desk-bound and has lower on-the-job expenses, and the other needs to be on the road.

Similarly, a director will have different benefits from a manager due to the difference in the weight of responsibilities and risk carried by each of them. These are points to be considered by the administrator when designing a benefit package.
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Employee benefits are instituted by the Malaysian Labour Law, in which employees have the right to claim such benefits as agreed between the employer and employee. Failure to administer employee benefits results in legal action through the Labour Court and will result in hefty fines for the company.

While designing the benefit package, it is also a good idea to be realistic about the capability of the business to provide the desired benefits to its staff. The benefit package may be crucial to sustain and retain good employees, but a small business can start from the basics and gradually add on benefits as the company grows bigger.
At InTune Outsourcing, we help our clients’ Human Resource department to design and manage their employment benefits based on their business goals as well as a realistic forecast of the company’s capacity.

If you need help administering the proper employment benefits for your staff, call us or email us today to find out how we can help you.
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Employee benefits administration refers to the HR function of creating and managing employment benefits for existing and new employees. These benefits include:
 
  • Employees’ Provident Fund (EPF)
  • SOCSO
  • Medical benefits
  • Insurance
  • Annual leave
  • Travel expenses coverage or travel allowance
  • Meal allowance, parking allowance, or handphone allowance
  • Vehicle maintenance coverage
  • Employee investment trust fund, and others
 
Image
Employment benefits vastly vary within every organization depending on the job roles and risk exposure. A graphic designer’s benefits will differ slightly with a sales representative’s package, as one is mostly desk-bound and has lower on-the-job expenses, and the other needs to be on the road.

Similarly, a director will have different benefits from a manager due to the difference in the weight of responsibilities and risk carried by each of them. These are points to be considered by the administrator when designing a benefit package.
Image
Employee benefits are instituted by the Malaysian Labour Law, in which employees have the right to claim such benefits as agreed between the employer and employee. Failure to administer employee benefits results in legal action through the Labour Court and will result in hefty fines for the company.

While designing the benefit package, it is also a good idea to be realistic about the capability of the business to provide the desired benefits to its staff. The benefit package may be crucial to sustain and retain good employees, but a small business can start from the basics and gradually add on benefits as the company grows bigger.
At InTune Outsourcing, we help our clients’ Human Resource department to design and manage their employment benefits based on their business goals as well as a realistic forecast of the company’s capacity.

If you need help administering the proper employment benefits for your staff, call us or email us today to find out how we can help you.
Every SME Can Become Large
InTune Outsourcing - Creating Financially Driven Businesses and Entrepreneurs.
Every SME Can Become Large
InTune Outsourcing - Creating Financially Driven Businesses and Entrepreneurs.

About InTune Outsourcing Services

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InTune Outsourcing was founded in 2007 as an outsourcing and business consultancy firm geared to the needs of small and medium sized enterprises.

Find Out More About Us


About InTune Outsourcing Services

Quick Link

Facebook


InTune Outsourcing was founded in 2007 as an outsourcing and business consultancy firm geared to the needs of small and medium sized enterprises.

Find Out More About Us


About InTune Outsourcing Services


InTune Outsourcing was founded in 2007 as an outsourcing and business consultancy firm geared to the needs of small and medium sized enterprises.

Find Out More About Us

Facebook