Em­ploy­ees laud scheme

New Straits Times - - News -

KUALA LUMPUR: News that the Em­ploy­ment In­sur­ance Scheme (EIS) will be en­forced next year has been greeted with joy and relief by em­ploy­ees.

Say­ing that the new scheme could not have come at a bet­ter time, em­ploy­ees said it would help those who lose their jobs as they would re­ceive fi­nan­cial aid.

Saza­lee Mu­nir Ah­mad 45, from Ke­lana Jaya said the scheme was good, espe­cially in an un­cer­tain job mar­ket where job se­cu­rity was in doubt.

“The EIS will pro­tect work­ers when they lose their jobs. It can cush­ion the blow if we were ever re­trenched and help us sus­tain our­selves while we search for a new job,” he said.

Graphic de­signer Aini Ibrahim, 30, from Cheras said she was happy the scheme but hoped the con­tri­bu­tion rate would not be too high.”

Pro­fes­sor Emer­i­tus Dr Bar­joyai Bar­dai of Uni­ver­sity Tun Ab­dul Razak’s grad­u­ate school of busi­ness, said the most valu­able as­pect of EIS was its un­em­ployed group re­train­ing and groom­ing pro­gramme.

“A sub­stan­tial part of the fund should be al­lo­cated to de­velop a sys­tem of ‘hu­man cap­i­tal de­vel­op­ment’ to en­sure that em­ploy­ees are al­ways rel­e­vant and serve as a pro­tec­tion against re­ces­sion.”

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