2025 Handbook for Employers and Employees in the Private Sector, 37th Edition

Description

Published every year for the convenience of senior managers responsible for human resources, finance, administration or for general management. The Handbook explains – with examples, in an easy-to-read style – subjects relating to human resources management, financial management and company administration to help you in the decision-making process.

Updated with amendments to the respective laws covered in this Handbook.

– Employees Provident Fund
– Human Resources Development Fund (HRDF)
– Employment Terms & Conditions
– Minimum Wages
– Minimum Retirement Age
– Termination and Lay-Off Benefits
– Occupational Safety & Health
– Company Law
– Corporate Governance
– Monthly Tax Deduction (PCB)
– Financial and Commercial Terms
– Discounted Cash Flow
– Rates, Tables, Wealth Creation
– Social Security Organisation (SOCSO)
– Employment Insurance System (EIS)
– Part-Time Employees
– Sexual Harassment in Workplace
– Termination and Dismissals
– Industrial Relations, Trade Unions
– Sales and Services Tax (SST)
– Directors of Company
– Income Tax
– Real Property Gains Tax
– Marginal Costing
– Unclaimed Moneys
– And Other Useful Subjects

This 37th Edition of the Handbook takes into account the 2025 Federal Budget.

THE CONTENTS AT A GLANCE

PART I – Employment
1. Terms & Conditions of Employment – Page 13
2. Minimum Wages – Page 43
3. Dismissal & Termination – Page 51
4. Sexual Harassment in Workplace – Page 57
5. Part Time Employees – Page 61
6. Employment (Benefits) – Page 67
7. Trade Unions – Page 71
8. Industrial Relations – Page 77
9. – Page 85

PART II – Welfare & Safety
10. Employees Provident Fund (EPF) – Page 89
11. Social Security Organisation (SOCSO) – Page 113
12. Employment Insurance System (EIS) – Page 141
13. Human Resources Development Fund – Page 151
14. Occupational Safety & Health – Page 157

PART III – Taxation
15. Income Tax – Page 163
16. Monthly Tax Deduction (MTD) – Page 173
17. Real Property Gains Tax (RPGT) – Page 215
18. Sales & Service Tax (SST) – Page 217

PART IV – Company Administration
19. Corporate Governance – Page 225
20. Directors of Companies – Page 229
21. Company Secretaries – Page 249

PART V – Financial & General
22. Unclaimed Moneys – Page 253
23. Financial & Commercial Terms – Page 257
24. Marginal Costing – Page 261
25. Wealth Creation, Rates & Tables – Page 273

– Index – Page 293
Introduction to the books by this author – Page 311
– Memo from the author – Page 319