Introduction to SKYBIZ Employee Loan
The Skim Kemalangan Bukan Bencana Kerja (SKBBK), commercially branded by PERKESO (SOCSO) as “Lindung 24 Jam,” is a mandatory national social security expansion in Malaysia that provides employees with comprehensive round-the-clock protection for non-work-related accidents occurring outside of standard employment hours. Implemented by PERKESO, this legislative requirement dictates that the financial contribution is mandatorily and fully borne by the employee, meaning employers do not take on additional cost overheads but are legally obligated to calculate, deduct, and submit these funds monthly on behalf of their staff. Within the payroll configuration panel, this module calculates tiered deduction rates applied based on the employee’s monthly salary band (subject to a statutory salary ceiling of RM6,000) using a phased rollout schedule. Because PERKESO mandates an updated, unified text file format combining standard SOCSO, EIS, and SKBBK contributions for monthly submissions, integrating this automated calculator directly into the active month-end pay run ensures flawless statutory reporting, safeguards the workforce’s off-duty accident coverage, and completely eliminates the risk of compliance penalties or manual processing errors. [More Info]
| PHASE | PERIOD | EMPLOYEE CONTRIBUTION RATE |
EMPLOYER CONTRIBUTION RATE |
| Phase 1 | The first two years | 0.75% | Nil |
| Phase 2 | The next three years | 1.00% | Nil |
| Phase 3 | From the sixth year onwards | 1.25% | Nil |
[Perkeso Contribution Calculator]
How to include SKBBK on the payroll?
Step 1: Navigate to Maintenance > Chart of Payroll
Step 2: Click the Edit button next to the selected payroll type.
Step 3: Tick the SKBBK checkbox to enable it, then click the Update button to save your changes.
Step 4: To apply this setting to an employee, navigate to Maintenance > Employee Master.
Step 5: Create a new employee profile or edit an existing one, then navigate to the Employment Details tab. Locate the newly added SKBBK column and check the box corresponding to the payroll type configured earlier. Finally, click the Save button to finalize and update the employee details. [Employee Documentation]
Conclusion
In conclusion, updating your payroll settings to natively support the SKBBK Lindung 24 Jam deduction is a vital regulatory requirement for businesses operating in Malaysia. Automating this deduction mechanism across your employee base guarantees that off-hours protection lines are accurately calculated without placing any manual math or financial burden on your internal finance teams. Because failure to execute and submit these mandatory employee deductions within PERKESO’s designated timeline can result in severe legal penalties and fines, hardcoding this compliance logic directly into the central pay configuration engine is an absolute operational necessity. Ultimately, maintaining a highly responsive and up-to-date statutory framework within your enterprise application secures employee welfare, streamlines monthly portal submissions, and ensures the entire business remains friction-free and fully audit-ready.
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