As an employer you are responsible for ensuring you have worker's compensation insurance cover in place to protect your employees. This insurance is compulsory. You might also have to extend your cover to include any sub-contractors you have working for you.
Taxation and superannuation
- Employee Provident Fund (EPF)
The employer should deduct only the employee's share of the EPF contribution from the employee's wages. The employer should then remit his share of the contribution together with the employee's share to the EPF. Such contributions should be remitted to the EPF on or before the 15th of every month. It is also advisable for employers who hire foreign or flexi-time workers to check on the EPF guidelines to determine whether liability to contribute exists, in respect of this category of employees
- Social Security organization (SOCSO)
An employee employed under a contract of service or apprenticeship and earning a monthly wages of RM3,000 and below must compulsorily register and contribute to SOCSO regardless of the employment status whether it is permanent, temporary or casual in nature. SOCSO only covers Malaysian workers and permanent residents. As a result, foreign workers are protected under the Workmen's Compensation Act 1952.
Employee health and safety
A safe workplace is critical to the success of any business, no matter the size. Every business owner in Australia has certain rights and responsibilities regarding health and safety in the workplace. Even if you don't employ workers, you must ensure that your business doesn't create health and safety problems for your customers and the general public.
Occupational Safety & Health Act (OSHA)
The provision of the Occupational Safety and Health Act 1994 are based on the self-regulation scheme. Its primary responsibility is to ensure safety and health of work lies with those who create the risks and those who work with the risks. The National Council for Occupational Safety and Health shall have power to do all things expedient or reasonably necessary for or incidental to the carrying out of the objects of this Act.
Through self-regulating scheme that is designed to suit the particular industry or organization, this Act also aims to establish effective safety and health organization and performance.The concept of self-regulation encourages cooperation, consultation and participation of employees and management in efforts to upgrade the standards of safety and health at the workplace.
The Department of Occupational Safety and Health (DOSH), under the Ministry of Human Resources, is responsible for administrating and enforcing legislation related to occupational safety and health. DOSH ensures that the safety, health and welfare of people at work as well as others are protected from hazards resulting from occupational activities in the various sectors such as:
- mining and quarrying;
- agriculture, forestry and fishing;
- utilities (gas, electricity, water and sanitary services);
- transport, storage and communication;
- wholesale and retail trades;
- hotels and restaurants;
- finance, insurance, real estate and business services; and
- public services and statutory authorities