PETALING JAYA: Employers filing claims for wage subsidy programmes (PSU) should understand the criteria and their eligibility clearly to ensure optimum processing time for disbursements to be made, says the Social Security Organisation (Sosco).
Its chief executive officer Datuk Seri Dr Mohammed Azman Aziz Mohammed advised bosses to go through the frequently asked questions (FAQ) sheets before applying.
He said whenever the government announced a wage subsidy programme, there would be requirements for employers to meet.The first wage subsidy scheme was open to all, but PSU 2.0 and PSU 3.0 had conditions, he added.
“For example, employers must prove that their revenue dropped by 30% in the same month compared with the previous year.
Socso: Extra 180,000 job placements, 2 5 million jobs saved under Pemulih
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Pemulih: RM3 8bil allocated under Wage Subsidy Programme 4 0 benefitting 2 5 million employees, says Socso
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132,118 Individuals obtain employment as of March 26 Tengku Zafrul 07 Apr 2021 / 19:21 H. Pix for representational purpose only.
KUALA LUMPUR: A total of 132,118 individuals managed to secure jobs through the Hiring Incentive and Training Programme as of March 26, 2021, compared to 131,568 in the previous week.
Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said the industries and sectors that employed the workers include manufacturing and wholesale and retail trade.
As for Wage Subsidy Programme (WSP) 1.0 applications that were approved as of Feb 26, 2021, he said the amount has reached RM12.841 billion involving 322,177 employers and 2.64 million employees.
“For WSP 2.0, as of March 26, 2021, a total of RM1.112 billion has been channelled to 72,875 employers to enable them to continue their operations and maintain employment for 626,955 employees,” he said when presenting the 48th Inter-agency economic stimulus implementation and coordinating unit (Lak