ABOUT HMWF 2.0

This fund aimed at encouraging employers to hire Malaysian employees and increasing involvement of Malaysian in the rubber industry, and subsequently reducing the industry's dependency on foreign workforce.


THE BENEFITS

Eligible companies in the rubber product industry who hire Malaysian workers in accordance with conditions stipulated under "Conditions for Workers Hired" may claim the incentive based on the benefits below:


2022 - 2023

Employers
  1. Employer's SOCSO contribution
  2. Employer's EIS contribution

Employees
  1. Employee's SOCSO contribution
  2. Employee's EIS contribution
  3. Mobility assistance

Smallholders

Self-employment Social Security Scheme (SKSPS) for selected smallholders



2023

Employers

RM3,600 for each Malaysian employee hired, capped at 2,500 employees.

Company Eligibility Criteria

Companies who wish to apply for the benefits shall meet the following criteria:

  1. Incorporated under the Companies Act.
  2. Possess a valid manufacturing license from the Ministry of International Trade and Industries (MITI) or business license from the local authority or any other equivalent license issued by a regulatory body.
  3. Produce cessable rubber products.
  4. Registered with MRC.
  5. Not receiving any other form of similar benefits from government and its related agencies.

Conditions
for Workers Hired

To qualify for the benefits, the workers hired by the companies shall meet the following conditions:

  1. They are Malaysian citizens.
  2. They are hired between 1 January 2022 and 31 December 2023.
  3. They are permanent workers or contract workers hired for a period of not less than two years.
  4. They are general workers or workers who occupy positions at non-executive or non-professional level.
  5. The basic salary (based on Letter of Appointment to employees) shall not be less than RM1,500 and not exceed RM2,500 a month
  6. The workers are hired in accordance with the Employment Act 1955 and all relevant labour laws and regulations of Malaysia.

DOCUMENTS REQUIRED
FROM COMPANY

  1. Copy of Certificate of Incorporation under Companies Act.
  2. Copy of manufacturing license from Ministry of International Trade and Industry (MITI) or any equivalent manufacturing or operating license issued by a regulatory body.

DOCUMENTS REQUIRED
FROM EMPLOYEES

  1. Copy of the employee's MyKad (front only which indicates name and identity card number).
  2. Copy of Company's Letter of Appointment to the employee.
  3. In the case of contract workers - copy of employment contract (only pages which indicate the name of workers and the duration of employment, i.e. how many years, need to be submitted).
  4. Certified true copy of the employee's salary slip which provides details on basic salary and the necessary contribution i.e SOCSO and EIS.

APPLICATION

FOR SOCSO & EIS CONTRIBUTION
OR MOBILITY ASSISTANCE

Applications to claim for the benefits can be made from 1 January 2023 until 31 March 2025 for the hiring of Malaysian employees from 1 January 2022 until 31 December 2023. The employees hired must have met the conditions of serving the company for a minimum period of six (6) months.

 

The eligible companies shall apply for the HMWF 2.0 SOCSO & EIS CONTRIBUTION / MOBILITY ASSISTANCE every six (6) months (1 claim = 6 months).


In total, companies can apply up to 4 claims for the duration of 1 January 2023 until 31 March 2025.


Claim 1 – First 6 months


  1. Claim shall be submitted six months after the workers are hired. Only workers who serve a company for a minimum period of six (6) months or 181 days consecutively, whichever is longer, may be included in the applications for claim. Employee originated 50km away from the workplace is also eligible for Mobility Assistance.

Claim 2 – Second 6 months


  1. Claim shall be submitted 12 months after the workers are hired. Only workers who serve a company for a minimum period of one (1) year or 365 days consecutively, whichever is longer, may be included in the applications for claim.

Claim 3 – Third 6 months


  1. Claim shall be submitted 18 months after the workers are hired. Only workers who serve a company for a minimum period of 18 months or 546 days consecutively, whichever is longer, may be included in the applications for claim.

Claim 4 – Last 6 months


  1. Claim shall be submitted 24 months after the workers are hired. Only workers who serve a company for a minimum period of 2 years or 730 days consecutively, whichever is longer, may be included in the applications for claim.



SOCSO & EIS CONTRIBUTION
& MOBILITY ASSISTANCE IN SUMMARY

No Criteria Details
1 Basic salary*
Min RM1,500 - Max RM2,500
*SOCSO and EIS reimbursement will be based on basic salary stated in the Letter of Appointment or Letter of Salary Increment (if any).
Required documents:
1) Copy of IC
2) Salary slips with full basic salary for a minimum of six (6) months and maximum of thirteen (13) months.
3) Letter of Appointment to employees
2 Hiring date
1st Jan 2022 – 31st Dec 2023
For contract staff, Letter of Offer to state employment of at least two (2) years of employment contract
3 Designation/Position
Non-executive & general workers
4 Banking details
For reimbursement to employees through employers
Required documents:
1) Banking details
2) Main page of bank statement

 


Contact Us

ADDRESS

Secretariat
Fund for Hiring Malaysian Workers
Malaysian Rubber Council (MRC)
Unit No. 36-02, Level 36, Q Sentral
2A Jalan Stesen Sentral 2, Kl Sentral
50470 Kuala Lumpur.

Contact Person: Ms. Nur Amirah Abdul Rahman

Phone No: (603) 2782 2100

E-mail: fhlw@myrubbercouncil.com



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