KUALA LUMPUR, Dec 4 — The Social Security Organisation (Socso) has assured that it will implement a moratorium of up to two years before enforcing amendments to the Employment Insurance System (SIP) Act that would require employers to report job vacancies or create new positions.
Clarifying misconceptions about the amendment to Section 45F of the SIP (Amendment) Bill 2025, it said the moratorium is to ensure a smooth transition and avoid burdening employers, especially small and medium-sized enterprises (SMEs), in adapting to the requirement.
“Detailed implementation will only begin after receiving feedback from employer representatives and stakeholders through engagement (town hall) sessions, particularly with SMEs.
“During this period, the focus will be on education, engagement, and phased, voluntary compliance, not penalties. The process of reporting job vacancies is simple, straightforward, and fully online via the MYFutureJobs portal.
“Once a position is filled, the information can be detected automatically through the registration of new employees and employer contributions via Socso's online portal, thereby reducing employers’ administrative burden,” Socso said in a statement.
Comprehensive engagement sessions with employer groups, industry associations, and human resources practitioners are expected to be held after the Senate session ends on December 18 to explain the implementation mechanism and gather industry feedback.
It added that the amendment was not intended to be punitive, but to improve the national employment ecosystem by providing Malaysians with access to information on job opportunities, enabling jobseekers to view available openings transparently and systematically.
The amendment is also expected to help employers match jobs with suitable talent, thereby increasing productivity and reducing hiring costs.
“It will provide an accurate, up-to-date, and organised picture of the country’s labour market, enabling the government to formulate employment policies and skills training based on real data.
“These objectives are fundamental to ensuring that the labour market becomes more dynamic, responsive and sustainable. Socso remains committed to ensuring that the implementation of these amendments is fair, balanced, and supportive of the country’s economic and labour market development,” Socso said.
On Tuesday (December 2), the Dewan Rakyat passed the SIP (Amendment) Bill 2025, which aims to enhance benefits for Socso contributors who lose their jobs and strengthen governance for the implementation of the employment insurance scheme, among others.
