Disclaimer: This calculator is offered for informational and reference purposes only. Calculations are not meant to supplant or serve as a substitute for professional guidance or official calculations provided by relevant authorities.
*Please note that we are in the process of updating PCB calculations (monthly tax deductions), so they are currently unavailable.
What is EIS?
The Employment Insurance System (EIS) is a social security scheme implemented by the Malaysian government to provide financial assistance to employees who have lost their jobs involuntarily. EIS contributions are mandatory for both employees and employers. The scheme provides income support, job search assistance, and access to retraining programmes for retrenched workers.
What is an EIS calculator?
An EIS calculator is a tool that helps individuals and businesses calculate how much employers and employees need to contribute to Malaysia’s Employment Insurance System. It allows users to input their salary details for quick, accurate contribution estimates.
How to Use an EIS Calculator Effectively?
Enter your gross monthly salary.
Select your Age Group and Residential Status.
Click “Calculate.“
View the respective Employee and Employer EIS contributions.
That’s it!
How are EIS Contributions Calculated?
The Employment Insurance System (EIS) contribution is calculated based on the employee’s monthly salary, up to a maximum salary cap set by the government. The current EIS contribution rates are ~0.2% for employees and ~0.2% for employers, based on the employee’s monthly salary up. Read more about contribution rates for EIS.
Looking for More Than an EIS Calculator?
Get more than just an EIS calculator with PayrollPanda! Our all-in-one LHDN-approved payroll software offers automated EIS calculations, along with a suite of features to simplify your payroll. We also offer a free SOCSO calculator and free EPF calculator.
Simplified Payroll Management
Manage your entire payroll process in one user-friendly platform. PayrollPanda handles EIS deductions, salary calculations, payslips, statutory filings, and more — all in one place.
Compliance with Malaysian Regulations
Avoid penalties and late fees. PayrollPanda ensures accurate, on-time EIS deductions and stays up to date with the latest SOCSO guidelines — so you don’t have to.
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FAQs
Some frequently asked questions...
Yes! PayrollPanda stays up-to-date with the latest EIS requirements and ensures your business makes accurate and timely contributions, keeping you compliant with Malaysian labor laws.
All employers and employees in Malaysia are required to contribute to the EIS scheme. This includes full-time, part-time, and contract employees. Note that employees aged 60 and above are exempt from EIS contributions.
Employees can apply for EIS benefits through the SOCSO (PERKESO) website or at any SOCSO office. They will need to provide relevant documents such as their termination letter and identification documents.
Yes, foreign workers who are legally employed in Malaysia and have made contributions to the EIS scheme are eligible for EIS benefits.
EIS benefits are paid out to eligible employees who have lost their jobs involuntarily. The benefits include job search allowances, reduced income allowances, and retraining allowances.
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