Simple Guide for Fresh Graduates, Also for would be graduates
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 Nov 13 2018, 01:53 PM
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#1
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Junior Member
267 posts Joined: Feb 2016 
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Hi guys im a fresh grad, just wondering what is the difference between Basic salary and allowance?
I know I get money from basic, but do I get money from allowance? Lets say the company offer me allowance of RM1500, does that mean I can use the RM1500 in anything like lodging, food, petrol? Can I get money from the RM1500? |
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Nov 30 2018, 07:04 PM
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#2
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Junior Member
267 posts Joined: Feb 2016
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QUOTE(sweet_pez @ Nov 29 2018, 07:04 PM) Basic salary is your pay = the company have to contribute to your EPF, SOCSO. If I want to jump company, normally employer increase only basic pay or they look at the total package?Allowances (not eligible for EPF and SOCSO) - are usually benefits like travelling allowances (for petrol when you travel), mobile phone/ calls, meals etc. These are not taxable if I'm not mistaken. They will pay you the RM1.5k allowance together with your basic salary. Some companies want to contribute less to the staff's EPF and SOCSO thus they give you a higher allowance.  |
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