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Human Resources

EIS (SIP)

Definition

EIS is the Employment Insurance System, a Malaysian scheme run by PERKESO that gives financial help and job search support to insured employees who lose their jobs.

How does EIS affect monthly payroll?

EIS is a monthly contribution shared by employer and employee, paid to PERKESO together with SOCSO. Check the current contribution table and any exempt groups on the PERKESO site.

Why does EIS matter when employment ends?

A former employee may apply to PERKESO for EIS benefits after a qualifying job loss, such as retrenchment. Employers should keep separation records accurate. The Payroll Calculation and Statutory Compliance course covers EIS handling.

Courses, checks and reading on the same work.

Which sources does this page use?

Updated 20 October 2026. General information from the Certifyd team, not legal, tax or safety advice for your workplace.