ESOS: Frequently Asked Questions (FAQs)

ESOS: Frequently Asked Questions (FAQs)

ESOS: Frequently Asked Questions (FAQs) What is an employee share option scheme (ESOS)? Essentially, ESOS is a type of share incentive plan that rewards its employees or directors with options to buy the company’s shares in the future at a pre-determined price, at the...
Constructive Dismissal: Do You Need To Say It?

Constructive Dismissal: Do You Need To Say It?

Constructive Dismissal: Do You Need To Say It? When an employee claims constructive dismissal (ie: where the employee is resigning due to the employer’s breach of contract) what must be said in the resignation letter? Does the employee have to use the words...
Minimum Wages Order 2022 Gazetted

Minimum Wages Order 2022 Gazetted

MINIMUM WAGES ORDER 2022 GAZETTED The Minimum Wages Order 2022 was gazetted on 27 April 2022. These are the key provisions: The monthly minimum wage is RM1,500 effective 1 May 2022. Employers with less than 5 employees are exempted until 1 January 2023. Until then,...