SOCSO - Evil findings

Written on August 28, 2008 – 5:25 pm | by Kampung Boy |

Let me share some information i got from a cup of coffee with my tyre shop boss about SOCSO.

Advantage

Cheap but with many flaws

Disadvantages

Many third world country clauses

Don’t pay out efficiently

Will bring you to court for fun

Only can claim while working. If you meet an accident on the way to ‘mamak’ shop instead of going home then i only can say this 3 words to you - God Bless You!

How to pay less for SOCSO?

As we all know, nobody can run away from contributing to SOCSO. If you have a new employee under you, register them with SOCSO and pay the most minimum amount for that employee to SOCSO. Must buy an external insurance coverage for your employee (RM 80 per year which is RM 6.67 per month according to my friend)

Do the right thing. You wouldn’t want to see your employee suffer without money when he or she meets and accident. Besides that, you wouldn’t want your employees family members suffer during the hard times.

So to counter all these, buy them an external insurance policy for your own good (employers) and for your employees good as well.

Real more on SOCSO horror stories as they blood suck like vampires.

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