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> Open EPF account, Start work only do or before?

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TSic3aaron
post Oct 6 2016, 10:36 AM, updated 10y ago

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Hi people, should I open an epf account or get the account number before starting to work (fresh grad)? Or do I have to wait till I've started working?
manjacat
post Oct 6 2016, 10:38 AM

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QUOTE(ic3aaron @ Oct 6 2016, 10:36 AM)
Hi people, should I open an epf account or get the account number before starting to work (fresh grad)? Or do I have to wait till I've started working?
*
start work first..

HR will help u to create EPF account
kopihazelnut
post Oct 6 2016, 10:39 AM

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I think employer register for you..

TSic3aaron
post Oct 6 2016, 10:48 AM

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I noticed during job application they ask for epf number, and I don't have one sleep.gif
What bout SOCSO? What's that?

p/s: We really need this subject in school called "Pendidikan things you will really use in real life" sweat.gif

This post has been edited by ic3aaron: Oct 6 2016, 10:49 AM
danielmckey
post Oct 6 2016, 10:50 AM

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You work 1st, then you will know...
KoChun
post Oct 6 2016, 10:57 AM

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QUOTE(ic3aaron @ Oct 6 2016, 10:48 AM)
I noticed during job application they ask for epf number, and I don't have one sleep.gif
What bout SOCSO? What's that?

p/s: We really need this subject in school called "Pendidikan things you will really use in real life"  sweat.gif
*
You can leave those blank.
Company only need it /address when you are employed.

EPF is employee provident fund = mainly savings for retirement.
SOCSO is worker's insurance = payout in case worker accident at work / to-and-from work.
EPF is deducted from workers salary and contribution by employer based on % of salary.

If full time employment, HR usually register these for you.
If contract or part time, some companies may omit this.
I cannot say I agree but salary more important.

When you get your payslip, ask your HR how to identify you income tax LHDN number.
If the register for you, then if you fall into income tax deductable bracket, then you have to declare yourself by April.
If not, then nothing.

Around March, you can go to EPF office request for your EPF annual statement last year, see who contribute and how much.



la bella
post Oct 6 2016, 10:59 AM

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QUOTE(ic3aaron @ Oct 6 2016, 10:48 AM)
I noticed during job application they ask for epf number, and I don't have one sleep.gif
What bout SOCSO? What's that?

p/s: We really need this subject in school called "Pendidikan things you will really use in real life"  sweat.gif
*
If don't have epf number then just leave it, HR will apply for you. SOCSO is insurance for workers. Company will apply for you too.
TSic3aaron
post Oct 6 2016, 10:59 AM

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QUOTE(KoChun @ Oct 6 2016, 10:57 AM)
You can leave those blank.
Company only need it /address when you are employed.

EPF is employee provident fund = mainly savings for retirement.
SOCSO is worker's insurance = payout in case worker accident at work / to-and-from work.
EPF is deducted from workers salary and contribution by employer based on % of salary.

If full time employment, HR usually register these for you.
If contract or part time, some companies may omit this.
I cannot say I agree but salary more important.

When you get your payslip, ask your HR how to identify you income tax LHDN number.
If the register for you, then if you fall into income tax deductable bracket, then you have to declare yourself by April.
If not, then nothing.

Around March, you can go to EPF office request for your EPF annual statement last year, see who contribute and how much.
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Oh I see, thanks! thumbup.gif

notoriousfiq
post Oct 6 2016, 11:04 AM

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QUOTE(KoChun @ Oct 6 2016, 10:57 AM)
Company only need it /address when you are employed.
*
urrgh, I hate it when they ask personal questions like this.. Many companies even ask about family members, where they work or study.. so busy body.. My address? I'm homeless. Sometimes I sleep at park, sometime outside shophouse walkway. Doesn't matter my address, man.. sheesh
Lyu
post Oct 6 2016, 11:08 AM

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Work first la.... U do all later HR do what...
TSic3aaron
post Oct 6 2016, 11:15 AM

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QUOTE(Lyu @ Oct 6 2016, 11:08 AM)
Work first la.... U do all later HR do what...
*
My kawan working says the company didn't do for her, so ajak me along even though I haven't started working to open an account sweat.gif
KoChun
post Oct 6 2016, 11:17 AM

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QUOTE(notoriousfiq @ Oct 6 2016, 11:04 AM)
urrgh, I hate it when they ask personal questions like this.. Many companies even ask about family members, where they work or study.. so busy body.. My address? I'm homeless. Sometimes I sleep at park, sometime outside shophouse walkway. Doesn't matter my address, man.. sheesh
*
This is because some HR functions are archaic old.
But as job seekers, we must play along.

Family, they wonder if you will get pregnant and got maternity leave
or if you Dad is Tan Sri or grandfather is Tun Razak. That's why foreign media call it, cronyism

Work is because they want to know what is your work experience.
I had experience companies try to steal my current company info
like ask what is my cost, under pretex of wanting to determine if I can count cost.
Ya right. Like I did not pass exam know how to calculate percentage.

Anyway give a simple description of what you do daily and key responsibilities.

Study is to verify your qualification, scope of study.
What is the difference between Accounting vs Finance degree grad.
So you have to explain what you study, your experience.
Besides, lots of people just hang out at Uni or even just buy certs.

So explain what are your favourite subject relevant to the job, like counting... very important in Ac-counting.

Address is that they prefer to hire someone who live nearby.
If you live far, always late, they prefer someone near.
So you can answer if I get this job, I can switch my rent to some where nearby so save time on commute.

What you said, some of it matters, some don't, some to make conversation with you.
But if you respond poorly like, why do you care, I just want job. They are going to hire the next guy.

What doesn't really matter is your salary.

You can just explain, are you ready to hire me? When do you want me to start?
If not I like to reserve the discussion about salary for confirm employer only.
Why? Because my employer made me promise to keep salary info confidential.
See my employment contract is standard: Confidential. If I reveal, I can lose my job.
What is your salary? (see if interviewer tell you or not)

Lyu
post Oct 6 2016, 11:18 AM

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QUOTE(ic3aaron @ Oct 6 2016, 11:15 AM)
My kawan working says the company didn't do for her, so ajak me along even though I haven't started working to open an account  sweat.gif
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Ayam know what ts doin there
azbro
post Oct 6 2016, 11:18 AM

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Company will do it, unless its a "fly by night" company

I first worked in very small company also they do it for me.

Dem, now you have to do yourself? Crazy man

This post has been edited by azbro: Oct 6 2016, 11:22 AM
TSic3aaron
post Oct 6 2016, 11:34 AM

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QUOTE(KoChun @ Oct 6 2016, 11:17 AM)
This is because some HR functions are archaic old.
But as job seekers, we must play along.

Family, they wonder if you will get pregnant and got maternity leave
or if you Dad is Tan Sri or grandfather is Tun Razak. That's why foreign media call it, cronyism

Work is because they want to know what is your work experience.
I had experience companies try to steal my current company info
like ask what is my cost, under pretex of wanting to determine if I can count cost.
Ya right. Like I did not pass exam know how to calculate percentage.

Anyway give a simple description of what you do daily and key responsibilities.

Study is to verify your qualification, scope of study.
What is the difference between Accounting vs Finance degree grad.
So  you have to explain what you study, your experience.
Besides, lots of people just hang out at Uni or even just buy certs.

So explain what are your favourite subject relevant to the job, like counting... very important in Ac-counting.

Address is that they prefer to hire someone who live nearby.
If you live far, always late, they prefer someone near.
So you can answer if I get this job, I can switch my rent to some where nearby so save time on commute.

What you said, some of it matters, some don't, some to make conversation with you.
But if you respond poorly like, why do you care, I just want job. They are going to hire the next guy.

What doesn't really matter is your salary.

You can just explain, are you ready to hire me? When do you want me to start?
If not I like to reserve the discussion about salary for confirm employer only.
Why? Because my employer made me promise to keep salary info confidential.
See my employment contract is standard: Confidential. If I reveal, I can lose my job.
What is your salary? (see if interviewer tell you or not)
*
And after the interview: the most hated part - waiting for phone to ring for days vmad.gif
KoChun
post Oct 6 2016, 11:38 AM

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QUOTE(ic3aaron @ Oct 6 2016, 11:34 AM)
And after the interview: the most hated part - waiting for phone to ring for days  vmad.gif
*
This is normal. After meeting candidates, there may be other candidates, to consider
before deciding to hire. And your chance is usually low, like 1 in 2.

That is why I mention in earlier comment for you to go holiday. Don't just wait.
If you like to wait, go to the public hospital, seat at the waiting area. See life go by.

Maybe you will decide to change your life.
saintnotsinner
post Oct 6 2016, 11:44 AM

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QUOTE(ic3aaron @ Oct 6 2016, 11:36 AM)
Hi people, should I open an epf account or get the account number before starting to work (fresh grad)? Or do I have to wait till I've started working?
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you can open first on your own. and you can deposit minimum RM 50 per transaction and maximum RM 60,000 per year.
TSic3aaron
post Oct 6 2016, 11:47 AM

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QUOTE(saintnotsinner @ Oct 6 2016, 11:44 AM)
you can open first on your own. and you can deposit minimum RM 50 per transaction and maximum RM 60,000 per year.
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Oh need to deposit RM50 to open account?
hustlerism
post Oct 6 2016, 11:49 AM

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Just open your epf account before starting work.

Sometimes employer will not help to open for you.
KoChun
post Oct 6 2016, 11:51 AM

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QUOTE(ic3aaron @ Oct 6 2016, 11:47 AM)
Oh need to deposit RM50 to open account?
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That /k tard want to go invest in EPF, so that's what he did.
Most people just let employer open a/c and no need to deposit cash.
They will contribute by salary deduction and employer contribution.
saintnotsinner
post Oct 6 2016, 11:51 AM

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QUOTE(ic3aaron @ Oct 6 2016, 12:47 PM)
Oh need to deposit RM50 to open account?
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i think it's free. RM 50 is the minimum amount you need to deposit per transaction and you claim as self-employed.
ZeroSOFInfinity
post Oct 6 2016, 11:51 AM

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QUOTE(ic3aaron @ Oct 6 2016, 10:36 AM)
Hi people, should I open an epf account or get the account number before starting to work (fresh grad)? Or do I have to wait till I've started working?
*
You wanna be pro-active, then open yourself. Otherwise let HR do the job.

Quick note: since EPF have changed the employees contribution to 8% instead of 11% (which lasts till next December 2017), you can opt to remain at 11% by filling a special form provided by EPF.
ZeroSOFInfinity
post Oct 6 2016, 11:54 AM

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QUOTE(KoChun @ Oct 6 2016, 10:57 AM)
You can leave those blank.
Company only need it /address when you are employed.

EPF is employee provident fund = mainly savings for retirement.
SOCSO is worker's insurance = payout in case worker accident at work / to-and-from work.
EPF is deducted from workers salary and contribution by employer based on % of salary.

If full time employment, HR usually register these for you.
If contract or part time, some companies may omit this.
I cannot say I agree but salary more important.

When you get your payslip, ask your HR how to identify you income tax LHDN number.
If the register for you, then if you fall into income tax deductable bracket, then you have to declare yourself by April.
If not, then nothing.

Around March, you can go to EPF office request for your EPF annual statement last year, see who contribute and how much.
*
If you got a contract - must contribute (whether you are part time, locum or full time). No contract, then no need.
Landover
post Oct 6 2016, 11:56 AM

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syukur dapat kerja , some /k 6 month depress looking for job
notoriousfiq
post Oct 6 2016, 12:02 PM

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QUOTE(KoChun @ Oct 6 2016, 11:17 AM)
This is because some HR functions are archaic old.
But as job seekers, we must play along.

Family, they wonder if you will get pregnant and got maternity leave
or if you Dad is Tan Sri or grandfather is Tun Razak. That's why foreign media call it, cronyism

Work is because they want to know what is your work experience.
I had experience companies try to steal my current company info
like ask what is my cost, under pretex of wanting to determine if I can count cost.
Ya right. Like I did not pass exam know how to calculate percentage.

Anyway give a simple description of what you do daily and key responsibilities.

Study is to verify your qualification, scope of study.
What is the difference between Accounting vs Finance degree grad.
So  you have to explain what you study, your experience.
Besides, lots of people just hang out at Uni or even just buy certs.

So explain what are your favourite subject relevant to the job, like counting... very important in Ac-counting.

Address is that they prefer to hire someone who live nearby.
If you live far, always late, they prefer someone near.
So you can answer if I get this job, I can switch my rent to some where nearby so save time on commute.

What you said, some of it matters, some don't, some to make conversation with you.
But if you respond poorly like, why do you care, I just want job. They are going to hire the next guy.

What doesn't really matter is your salary.

You can just explain, are you ready to hire me? When do you want me to start?
If not I like to reserve the discussion about salary for confirm employer only.
Why? Because my employer made me promise to keep salary info confidential.
See my employment contract is standard: Confidential. If I reveal, I can lose my job.
What is your salary? (see if interviewer tell you or not)
*
why u give me essay, man? ain't nobody got time fo dat

if its work related, like MY education, MY work experience, professional stuff, I'm cool.. they don't need to ask about my personal life lah..
KoChun
post Oct 6 2016, 12:04 PM

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QUOTE(notoriousfiq @ Oct 6 2016, 12:02 PM)
why u give me essay, man? ain't nobody got time fo dat

if its work related, like MY education, MY work experience, professional stuff, I'm cool.. they don't need to ask about my personal life lah..
*
I didn't ask you to read. I didn't ask about your personal life. You go eat lunch.
notoriousfiq
post Oct 6 2016, 12:05 PM

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QUOTE(KoChun @ Oct 6 2016, 12:04 PM)
I didn't ask you to read. I didn't ask about your personal life. You go eat lunch.
*
i not talking about you.. you not my HR also.. want lunch with me? wub.gif
KoChun
post Oct 6 2016, 12:06 PM

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QUOTE(notoriousfiq @ Oct 6 2016, 12:05 PM)
i not talking about you.. you not my HR also.. want lunch with me? wub.gif
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I wait for you at kepci. See ya.
jesseclane
post Oct 6 2016, 12:09 PM

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EPF = KWSP
SOCSO = PERKESO


ohhisee
post Oct 6 2016, 12:15 PM

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HR will open for you..
wodenus
post Oct 6 2016, 12:22 PM

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QUOTE(ic3aaron @ Oct 6 2016, 10:36 AM)
Hi people, should I open an epf account or get the account number before starting to work (fresh grad)? Or do I have to wait till I've started working?
*
SOCSO and EPF HR will open for you, It's part of their job smile.gif

This post has been edited by wodenus: Oct 6 2016, 01:20 PM

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