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Summary
The government implemented a comprehensive job-continuation and wage incentive program aimed at improving labor markets and addressing employment gaps in informal businesses. This strategy, supported by various initiatives such as the Labor Market Exchange (LMX), includes specific targeted measures like the SPS Madani and SPS Padanan Caruman schemes. A critical component is the Saringan Kesihatan HSP3.0 Tuntutan Faedah Covid-19, designed to provide healthcare and support during the pandemic and ensure the continued stability of the economy. These efforts were guided by the MYFutureJobs initiative and incorporated into the Bajet 2022 framework to promote fair pay and social protection for all wage earners. Additionally, the program utilized the Jamin Kerja Insentif Penggajian SPS Padanan Caruman scheme to stabilize earnings through targeted allowances. The initiative was further reinforced by the Gig SPS Khidmat, the Saringan Tuntutan, and the SPS Khidmat Tuntutan Faedah, ensuring a unified approach to workforce support and safety measures. Furthermore, the initiative was anchored by the 117-point achievement of the Payment and Service Plan (SIP) in 2022, which established the basis for future progress. Beyond wage policies, the program integrated mandatory safety training, worker's compensation for self-employment, and community service provisions to address broader social and health challenges. By combining these diverse measures, the SPS Madani and SPS Padanan Caruman, combined with the MYFutureJobs exchange and LMX, aimed to foster a more equitable and resilient job market across the nation. This comprehensive plan was essential for resolving the 2022 deficit by creating a supportive environment where employees could thrive, while simultaneously securing their well-being and economic security through structured, targeted interventions. The implementation of these strategies was designed to transform the formal economy into a more inclusive and sustainable system that benefits both employers and staff.
Title
Social Security Organization (SOCSO)
Description
Official Website of the Malaysian Social Security Organization (SOCSO).
Keywords
portal, program, assist, kami, skim, labour, market, exchange, social, notice, yang, info
NS Lookup
A 112.137.168.181
Dates
Created 2026-03-09
Updated 2026-04-07
Summarized 2026-04-06

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