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PRIVATE & CONFIDENTIAL
(iii) Salary payment is at the end of each month or latest before the seventh (7)
of the following month.
4.8 ANNUAL SALARY INCREMENT
(i) The awarding of increments shall be at the sole discretion of the Company
(ii) Increments are based on Employees' job performance and shall be payable
to confirmed Employees subject to conditions as may be determined by The
Company.
4.9 EMPLOYEES PROVIDENT FUND (EPF) AND SOCIAL SECURITY ORGANIZATION
(SOCSO)
(i) Employee – as per epf act or as chosen by the employee if allowed by the
Epf.
(ii) Employer – As per Epf Act
(iii) Deduction for SOCSO payment is based on the First and Second Schedules or
any schedule and/or relevant clause in the SOCSO Act.
4.10 PROMOTION
(i) The Management of the Company may promote a serving Employee who has
suitable qualifications as stipulated in the respective service scheme to hold
office and higher responsibilities based on job vacancies.
(ii) The promotional offer shall be made in writing by the Management of the
Company. The offer shall state salaries, relevant allowances, benefits,
position grade and level.
(iii) The promotion will be depending on the criteria of the Company’s
management
4.11 RETIREMENT AGE
(i) Retirement age is based on the minimum Retirement Age Act 2012 (ACT 753)
that is at the age of 60 years for all employees.
Following the act, the retirement age should be 60years, no option for
private companies.
(ii) Date of birth used is as stated on the birth certificate. In the event a birth
certificate is not available, the said date as of the date stated in the
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