PERKESO Employment Insurance System (EIS)

PERKESO Initiative For Unemployment Benefits

Employment Insurance System (EIS) Training Incentive for Unemployed

What is EIS? 

The Employee Insurance Scheme (EIS), which is administered by the Social Security Organisation (SOCSO), seeks to provide temporary financial assistance for up to six months to workers who are retrenched or have had some form of loss of income.

This is actually something that the Malaysian government launched not too long ago – October 2017 to be exact. It’s a very helpful initiative for Malaysian workers, and looking at the unemployment statistics, it is now more important than ever.

Wondering where this pool of money comes from? Well, if you take a closer look at your payslips, you’d notice a small deduction for something called your Employee Insurance Scheme. 

Here’s how it works. Both your employer and yourself would contribute 0.2% of your salary to the scheme (total 0.4% monthly). Monthly contributions start from 10 sen for workers earning RM30 a month, while the maximum amount of contribution is capped at RM7.90 for those earning RM4,000 and above.

This means that even if you earn RM20,000 a month, you’ll still contribute RM7.90 to the EIS. (RM15.80 when you include your employer’s contribution.)  

Vspire Academy Is An Appointed PERKESO EIS Training Provider (PERKESO.600-7/12/1(3))

We are registered PERKESO’s Training Provider to offer training programmes for those who have been retrenched/VSS/MSS under Employee Insurance Scheme (EIS) & newly hired employee under JaminKerjaya. 

Our Fully Funded Programmes

Digital Marketing Professional Certification Programme (Course Code: TP001050C00001)

Identify and develop digitally ready talent to sets the foundation for an agile business that is ready to adapt and scale in GIG Economy or attach them to the industry in order to support the economy recovery.

Course Modules

  • The Fundamentals of Digital Marketing
  • The Fundamentals of Facebook & Instagram Marketing
  • Google Ads Marketing
  • My Google Business
  • Email Marketing
  • Digital Copywriting
  • Content Marketing
  • Sales Page Design & Development
Ecommerce, Social & Live Commerce Professional Certification Programme (Course Code: TP001050C00002)

Identify and develop digital talent to be part of a fast-growing Ecommerce industry that’s proven it can withstand economic and geopolitical storms, including global pandemics.

 

Course Modules

  • The Fundamentals of Ecommerce Marketplace
  • The Fundamentals of Social Commerce
  • Basics of Live Commerce
  • Cross-Border Ecommerce
  • Logistics & Fulfillment
  • Payment Modalities
  • Customer Relationship Management
  • Data Analysis & Online Traffic

 

Leadership & Workplace Efficiency Professional Certification Programme (Course Code: TP001050C00003)

Best-in-class leadership training helps businesses unlock potential & drive growth with organizational effectiveness

Course Modules

Course Modules

  • The Fundamentals of Leadership And Management
  • Unleashing Potential in Yourself and The Team
  • Intrateam Leadership Development
  • Team Management
  • Performance Management
  • The Fundamentals of Workplace Efficiency
  • Foster A Positive Work Environment
  • Effective Team Communication
  • Understanding & Handling Underperformance
Sales & Marketing Certification Programme (Course Code: TP001050C00004)

Sharpen you or your organisation marketing & sales skills in order to deliver results in increasingly competitive markets.

Course Modules

  • The Fundamentals of Sales & Marketing
  • Sales & Marketing Planning
  • Gathering Insights (Market Research)
  • Pitching & Presentation Via Storytelling
  • Building Customer Rapport
  • Handling Objections
  • Closing The Sales
  • D.I.S.C Personality

Let’s us guide you to apply the claimable course for you.

Frequent Ask Questions

How the EIS can help you?

The Employment Insurance System Act 2017 covers all employees who are:

  • Malaysian citizens/ permanent residents/ temporary residents
  • Aged 18-60
  • Working in the private sector and contribute to EIS
  • Working under a contract of service

Eligibility and Conditions

Insured Persons (IP) are eligible to receive benefits if they:

  • Apply within 60 days from the date of loss of employment (LOE)
  • Satisfy the Contributions Qualifying Conditions (CQC) i.e. have paid monthly contributions for a minimum number of months
  • Loss of employment (LOE) as defined in the EIS Act

What are considered as the Loss of Employment (LOE)?

LOE occurs if the contract of service of an Insured Person (IP) is terminated or becomes void.

It includes:

  • Normal retrenchment
  • VSS/MSS (voluntary/mutual separation schemes)
  • Closure of workplace due to natural disasters (force majeure)
  • Bankruptcy or closure of the business
  • Constructive dismissal
  • Resignation due to sexual harassment or threats made in the workplace
  • Resignation after being ordered to perform dangerous duties that are not within the job scope

What are not included under the Loss of Employment (LOE)?

The following CANNOT be accepted as LOE:

  • Dismissal due to employee misconduct
  • Voluntary resignation
  • Retirement
  • Expiry of a fixed-term contract or completion of a project

How to apply?

You may apply online or manually at the nearest SOCSO office.

Please enclose a copy of the following documents with your application:

  • National Registration Identity Card (NRIC)
  • Proof of loss of employment (e.g termination letter, VSS/MSS letter)
  • Bank account information
  • Payment slips for the 6 months before the date of loss of employment
  • Job offer (if applicable)

Who We Are.
What We Do.

Vspire Academy is a Premier Executive Education and Digital Marketing Academy.

We are registered PERKESO's Training Provider to offer training programmes for those who have been retrenched/VSS/MSS under Employee Insurance Scheme (EIS) & newly hired employee under JaminKerjaya.