#Human Resources #Employer

Socso to Publish Names of Companies Under Wage Subsidy Programme

Nikki Blog
by Nikki Blog
Jul 17, 2020 at 3:25 PM

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The Social Security Organisation (Socso) will publish a list of companies which received compensation under the Wage Subsidy Programme (WSP) on their website in the near future.

Human Resources Minister Datuk Seri M. Saravanan said employees can check the list and lodge complaints if their employers tried to renege on salaries and/or retrench them even though they have already received government aid. 

He said companies found guilty of doing this would be blacklisted from receiving future aid from the government. "We will also stop giving them subsidies for the next month and will lodge a police report on the employer," he added.

Saravanan verified that the ministry had accepted complaints on companies not passing compensation on to their workers or were retrenching them, completely breaching the terms of the subsidies or compensations.

Kuala Lumpur
In April, the government had allocated RM13.5 billion for the wage subsidy programme

He was responding to a question from former Human Resources Minister M. Kulasegaran who asked whether there were mechanisms in place to correct this. Saravanan was also asked if he was aware of such events, and why the government decided to subsidise employers rather than compensating employees directly.

Saravanan also rejected the notion that Sosco was late in compensating employers who registered for the programmes because of delays in funds by the government.

"When the WSP and the Employment Retention Programme were announced, there were sufficient funds throughout the three projected months. But when the stimulus was extended and more people applied, there were some delays, but we overcame this problem in time," the minister said.

He was also asked if it is possible for employers to get their compensation automatically after the ministry accepts their first application instead of being made to reapply monthly. He answered that the additional clause was put in place to prevent abuse by employers.

He also said the government does not plan to extend the subsidy but had set aside funds for the reskilling and upskilling of those affected by the pandemic, especially those in the tourism sector.

In April, the government had allocated RM13.5 billion for the wage subsidy programme, which was intended to stave off retrenchment due to the global pandemic.

On June 5, an additional RM5.3 billion was allocated for the programme, which the government said had saved 2.2 million workers from retrenchment.

Source: New Straits Times

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