WERE YOU CONTRIBUTING
Did you know?
Employment Insurance System (EIS) is a financial scheme aimed at helping employees who lost their jobs until they find new employment.
Basically medical insurance but for your employment!
About 76% of Malaysian employees aren't aware that they're contributing to EIS along with their monthly EPF & SOCSO contributions.
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HERE ARE THE
PERKS FOR EIS CONTRIBUTORS:
TRAINING FEE & ALLOWANCE
Successful applicants may receive up to 6 months of training at a maximum cost of RM4000
A financial incentive paid to training recipients to encourage them to attend all their training sessions
Paid monthly (up to 6 months) at a rate of RM10 (minimum) - RM20 (maximum) per training day based on the applicant’s Monthly Assumed Wages
job search allowance (jsa) or REDUCED INCOME ALLOWANCE (RIA)
A financial allowance for those who have lost their one and only job (JSA). Successful applications will be paid a monthly allowance for a minimum of 3 months and a maximum of 9 months at the rates based on the Assumed Monthly Wages
After receiving the first installment of their allowance, applications are required to prove that they are actively seeking jobs to receive subsequent installments.
A financial allowance for those who have multiple jobs and have lost at least one, but not all, of their jobs (RIA). This is paid in lump sum. Rates are based similar to JSA.