Malaysia: Operating a Business in Malaysia
2018 | 2019 | 2020 | |
Labour Force | 15,523,126 | 15,780,716 | 15,904,215 |
Source: International Labour Organization, ILOSTAT database
2017 | 2018 | 2019 | |
Total activity rate | 68.00% | 68.54% | 68.64% |
Men activity rate | 80.34% | 80.85% | 80.94% |
Women activity rate | 54.81% | 55.39% | 55.49% |
Source: International Labour Organization, ILOSTAT database
Employment Injury Insurance Scheme (EIIS) and Invalidity Pension Scheme (IPS): based on the employee’s monthly wages, up to a maximum of MYR 69.05 for the employer.
Employment Insurance System (EIS) : 0.2% (capped at MYR 4,000 per month, and up to a maximum of MYR 7.90).
Any Comment About This Content? Report It to Us.
© eexpand, All Rights Reserved.
Latest Update: July 2024