[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



Note: This function needs to be enabled to avoid any error when doing the deduction for the SOCSO




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

Note: Personal Information in employee detail (NRIC and Age) is a mandatory part to complete the setting.

Updated on: 25/02/2024