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SOCSO 2026 Update: Why Are Employees Taking Home Less Salary?
Why are my employees suddenly getting lower salaries? Did SOCSO increase? This is one of the most common questions SME business owners are asking right now. The short answer is: The existing SOCSO schemes are not being replaced; instead, an additional employee-funded contribution has been introduced under Lindung 24 Jam starting June 2026, and it is affecting employers and employees covered under the Employees’ Social Security Act 1969 in Malaysia. Many businesses are only r
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