[Version 2.0] MySyarikat calculation SOCSO deduction
MySyarikat system are doing the SOCSO calculation by using Basic Salary and the deduction been calculated based on the rate has been set up by the PERKESO/SOCSO
For further information, can refer the link below:
https://www.perkeso.gov.my/en/rate-of-contribution.html
Question: How it's been calculated in the system?
Click the blue eye icon beside. How did we calculated this?
1) Calculation based on staff Basic Salary
2) See the Rate of Contribute for Employees' Social Security Act 1969 (Act 4) table in the PERKESO website
3) Refer on the 39 column and will be show the amount for staff basic salary and deduction for employer
Updated on: 25/02/2024
Thank you!