SOCSO

2024 - 9 - 2

RM1.39 Billion Dished Out! Is Your Job Safe or Are You Cashing In?

compensation - Employment Injury Scheme - Malaysia - SOCSO - workplace safety

SOCSO's compensation for work-related incidents has hit a staggering RM1.39 billion, and it's only June! Find out how employees are benefiting from this safety net!

In an impressive show of support for workers, the Social Security Organisation (SOCSO) has rolled out over RM1.39 billion in compensation under the Employment Injury Scheme for work-related incidents. This initiative is vital in safeguarding the well-being of employees across various sectors, providing them with a safety net when unfortunate accidents occur at work. Whether it's a slip, trip, or fall, SOCSO is committed to ensuring workers don’t fall into financial despair when mishaps happen on the job.

As of June this year, SOCSO has already disbursed a jaw-dropping RM718 million specifically earmarked for work-related incidents. This highlights the organization’s proactive approach to encouraging safe work practices while simultaneously assisting those who find themselves affected by unfortunate incidents. The figures not only showcase SOCSO's financial commitment but also the reality that workplace injuries continue to be a concern for employees and employers alike.

But it's not just about the money; SOCSO's efforts are aimed at educating employers and workers about the importance of health and safety in the workplace. This includes promoting awareness on preventive measures, training, and support after an accident occurs. The organization is not just a safety net; it’s an active advocate for safer workplaces across Malaysia by engaging employees in the conversation about their rights and responsibilities.

In a nutshell, SOCSO is revolutionising how we think about job safety and compensation. Employees can work with greater confidence knowing they are covered. As we delve deeper into these statistics, it’s worth noting that the employment injury compensation provided by SOCSO acts as a powerful reminder of the importance of occupational safety and health — which ultimately benefits everyone from employees to employers.

Did you know that the highest number of claims under SOCSO related to common workplace incidents like falls and machinery accidents? Furthermore, the amount disbursed within the first half of the year shows a clear trend in raising awareness about workplace safety. Therefore, it’s essential for both workers and employers to stay informed and engaged with these initiatives to create a safer working environment!

Post cover
Image courtesy of "The Malaysian Reserve"

Socso disbursed over RM1.4b for work-related incidents in... (The Malaysian Reserve)

THE Social Security Organisation (SOCSO) has disbursed over RM1.39 billion in compensation under the Employment Injury Scheme for work-related incidents in ...

Post cover
Image courtesy of "The Star Online"

RM718mil in compensation granted for work-related incidents in ... (The Star Online)

PUTRAJAYA: A total of RM718mil in compensation was disbursed for work-related incidents by the Social Security Organisation (Socso) as of June this year, ...

Explore the last week