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In a tight economy, retention rates are important as companies compete for talent. As time has gone by, the cost of employee turnover has also become more costly. Apart from the financial cost, there are other effects this will have on the company’s productivity rate and culture. A high retention rate is testimony to how...

If you are considering outsourcing your HR, there are a few things that you have to take note of in order to make the best choice for your company. There are two different types of HR Outsourcing options, the PEO and the EOR.  While they are both HR outsourcing vendors, there are a number of...

Employees Provident Fund (EPF) reduced to 7 percent With reference to the Malaysian Government’s announcement on the 2020 Economic Stimulus Package with regards to the new statutory contribution rate for employees, the Employees Provident Fund (EPF) will be reduced from 11 percent to 7 percent from April 2020 onwards.  Additional clarifications with regards to this reduction are as follows:...

Copyright 2020. AYP Group. All rights reserved.

Copyright 2020. AYP Group. All rights reserved.

Copyright 2020. AYP Group. All rights reserved.