[Version 3.0] How the MySyarikat System Calculates Staff EIS/SIP Contributions (EIS Automatic)
The MySyarikat system calculates the Employee Insurance System (SIP) deduction using basic salary & the deduction is calculated according to the rate set by SOCSO.
For reference & more information, you can refer to the following link: https://www.perkeso.gov.my/kadar-caruman.html

How is this value calculated in the system?

Click the 'View' icon next to How did we calculate this? The following description will be displayed:

- The calculation is calculated according to the basic salary of the staff

- Look at the Rate of contribution for Employees' Social Security Act 1969 (Act 4) table on the SOCSO website. Then, you can refer to column 29 > RM2,400 to RM2,500 will display the contribution amount for employee & employer

Updated on: 08/07/2026
Thank you!
