Article Related To wage subsidies

The government has channelled a total of RM19.45 billion to 357,102 employers through the Wage Subsidy Programme (PSU) as of Nov 19.

The government has channelled RM19.209 billion to 356,193 employers under its Wage Subsidy Programme (PSU) as of Oct 29 to ensure the continued employment of 2.94 million local workers.

Tengku Zafrul said the government had also approved wage subsidies valued at RM12.94 billion under the Wage Subsidy Programme.

The government has approved wage subsidy applications worth over RM15.7 billion under the various wage subsidy programmes.

Social Security Organisation (Socso) has successfully disbursed more than RM18 billion in wage subsidies, job search allowances and hiring incentives through seven stimulus packages as of today.

The government should enhance economic recovery efforts and give more aid to regular working people as well as the B40 and M40 income groups, in addition to higher wage subsidies.

Tengku Zafrul said RM12.608 billion of wage subsidies have been approved as of Dec 11, 2020.

The 200-employee limit has been increased to 500 for larger companies under the tourism and retail sectors.

Employers are to file claims for their employees to benefit from the Wage Subsidy Programme, provided under the people-centric economic stimulus package (PRIHATIN) 2020.

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