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?
Open EPF account, Start work only do or before?
Open EPF account, Start work only do or before?
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Oct 6 2016, 10:36 AM, updated 10y ago
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#1
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25 posts Joined: Jul 2015 |
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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Oct 6 2016, 10:38 AM
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#2
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32 posts Joined: Dec 2013 |
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Oct 6 2016, 10:39 AM
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#3
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42 posts Joined: Mar 2014 |
I think employer register for you..
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Oct 6 2016, 10:48 AM
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#4
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25 posts Joined: Jul 2015 |
I noticed during job application they ask for epf number, and I don't have one
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" This post has been edited by ic3aaron: Oct 6 2016, 10:49 AM |
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Oct 6 2016, 10:50 AM
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#5
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1,053 posts Joined: Jan 2008 |
You work 1st, then you will know...
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Oct 6 2016, 10:57 AM
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#6
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688 posts Joined: Feb 2014 |
QUOTE(ic3aaron @ Oct 6 2016, 10:48 AM) I noticed during job application they ask for epf number, and I don't have one You can leave those blank. 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" 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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Oct 6 2016, 10:59 AM
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#7
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962 posts Joined: May 2008 |
QUOTE(ic3aaron @ Oct 6 2016, 10:48 AM) I noticed during job application they ask for epf number, and I don't have one 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.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" |
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Oct 6 2016, 10:59 AM
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#8
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QUOTE(KoChun @ Oct 6 2016, 10:57 AM) You can leave those blank. Oh I see, thanks! 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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Oct 6 2016, 11:04 AM
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#9
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513 posts Joined: May 2008 From: Today, 08:30 AM |
QUOTE(KoChun @ Oct 6 2016, 10:57 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 |
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Oct 6 2016, 11:08 AM
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772 posts Joined: Jan 2015 |
Work first la.... U do all later HR do what...
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Oct 6 2016, 11:15 AM
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25 posts Joined: Jul 2015 |
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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) |
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Oct 6 2016, 11:18 AM
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772 posts Joined: Jan 2015 |
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Oct 6 2016, 11:18 AM
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4,403 posts Joined: Jan 2007 From: Johor Bahru |
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 |
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Oct 6 2016, 11:34 AM
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25 posts Joined: Jul 2015 |
QUOTE(KoChun @ Oct 6 2016, 11:17 AM) This is because some HR functions are archaic old. And after the interview: the most hated part - waiting for phone to ring for days 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) |
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Oct 6 2016, 11:38 AM
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688 posts Joined: Feb 2014 |
QUOTE(ic3aaron @ Oct 6 2016, 11:34 AM) 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. |
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Oct 6 2016, 11:44 AM
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72 posts Joined: Jan 2015 |
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? 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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Oct 6 2016, 11:47 AM
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25 posts Joined: Jul 2015 |
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Oct 6 2016, 11:49 AM
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#19
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1,641 posts Joined: Jun 2011 From: Sin City |
Just open your epf account before starting work.
Sometimes employer will not help to open for you. |
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Oct 6 2016, 11:51 AM
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688 posts Joined: Feb 2014 |
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Oct 6 2016, 11:51 AM
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72 posts Joined: Jan 2015 |
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Oct 6 2016, 11:51 AM
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3,703 posts Joined: Oct 2005 |
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. |
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Oct 6 2016, 11:54 AM
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Senior Member
3,703 posts Joined: Oct 2005 |
QUOTE(KoChun @ Oct 6 2016, 10:57 AM) You can leave those blank. If you got a contract - must contribute (whether you are part time, locum or full time). No contract, then no need.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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Oct 6 2016, 11:56 AM
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16 posts Joined: Sep 2016 |
syukur dapat kerja , some /k 6 month depress looking for job
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Oct 6 2016, 12:02 PM
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Senior Member
513 posts Joined: May 2008 From: Today, 08:30 AM |
QUOTE(KoChun @ Oct 6 2016, 11:17 AM) This is because some HR functions are archaic old. why u give me essay, man? ain't nobody got time fo datBut 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) 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.. |
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Oct 6 2016, 12:04 PM
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Senior Member
688 posts Joined: Feb 2014 |
QUOTE(notoriousfiq @ Oct 6 2016, 12:02 PM) why u give me essay, man? ain't nobody got time fo dat I didn't ask you to read. I didn't ask about your personal life. You go eat lunch.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.. |
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Oct 6 2016, 12:05 PM
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513 posts Joined: May 2008 From: Today, 08:30 AM |
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Oct 6 2016, 12:06 PM
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688 posts Joined: Feb 2014 |
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Oct 6 2016, 12:09 PM
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227 posts Joined: Apr 2008 |
EPF = KWSP
SOCSO = PERKESO |
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Oct 6 2016, 12:15 PM
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51 posts Joined: Jan 2009 |
HR will open for you..
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Oct 6 2016, 12:22 PM
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All Stars
14,990 posts Joined: Jan 2003 |
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 This post has been edited by wodenus: Oct 6 2016, 01:20 PM |
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