Benefits Enrollment Checklist 2024
Benefit programs are an essential part of the compensation offered to an employee. These are provided to employees with the goal to attract and motivate them by providing additional value beyond regular salaries.
With comprehensive benefit packages, companies can boost employee morale and productivity by supporting their well-being.
Some common types of benefit programs in Malaysia include:
- Health insurance
- Retirement/pension plans – also known as EPF
- Life and disability insurance – also known as EIS
- Paid time off – including vacations, sick leave, paternity/maternity leave and paid holidays.
- Flexible work arrangements.
- Educational assistance programs
- Wellness programs and employee perks, such as memberships and discounts.
- Childcare assistance
A benefit enrollment checklist is a tool that helps employers ensure that employees are properly enrolled in various benefit programs. By adhering to a checklist, employers can streamline the enrollment process and keep employees well-informed about their benefit programs.
The following document provides a guide to the benefits enrollment process for employees in Malaysia. It is essential to regularly update the checklist to accommodate changes in company policy and regulations.
