Product Update June 2023

Welcome back to another edition of the Employment Hero product update, where we share all of the latest and greatest updates over the past month.

This month, you’ll learn about changes to our Careers Page, 1:1 meetings, changes to tax and much more. Let’s get straight to it.

You can now create a fully customisable career page for your organisation

We all know that attracting and finding the right people can be one of the most challenging parts of the recruitment process. That’s why we’re super excited to announce our new Career Page Editor feature, which allows you to customise your career page.

A personalised career page is a great place to showcase to candidates why your workplace is a great place to work. By sharing your company’s history, culture, purpose, benefits and values, you can improve your chances of attracting top talent.

Choose from one of two career page templates to get started with your own careers page.

Learn more about setting up your company career page. 

New templates added to 1:1 Hero Templates

Managers know that having a set agenda when it comes to meeting with your direct reports can help drive more successful and effective outcomes. To help you get prepared for some common HR meetings, we’ve added three new templates to the ‘Hero Templates’ section in 1:1s.

You’ll find templates for career coaching, development plan and a performance improvement plan.

Learn more about 1:1 templates.

An easier way to view Global Teams in-platform reports

Managing and reporting on your entire workforce just got a whole lot easier… We’re excited to announce that you can run reports that give an overview of both regular employees and those employed via our Global Teams service.

Previously, in-platform reports only included data for regular (non Global Teams) employees.

These reports have now been updated so they can report on an organisation’s entire employee base, including both Global Teams and non Global Teams employees. This includes the Leave Report, Timesheets Report and all employee fields within Custom Reports.

Learn more about Global Teams. 

1:1s are now available on Swag!

Not all employees have access to a computer.

That’s why we’ve made accessing 1:1 meeting questions accessible by adding them into our employment mobile app, Swag.

You’ll be able to access all the same features you know and love on your laptop or desktop (viewing, adding, editing and deleting talking points), right in the palm of your hands.

Learn more about 1:1s. 

Ability to bulk update compulsory tax relief information

We are introducing improvements to help payroll administrators update employee tax relief more efficiently.

The latest enhancement involves extracting and updating essential tax relief details, such as marital status and number of dependents.

This includes two parts. Firstly, we have rearranged the columns in the employee data export/import file, making it easier for administrators to view and enter information.

Secondly, we have added new optional columns to the employee data export/import file. These additional columns allow administrators to input all the necessary details related to an employee’s compulsory tax relief.

Read more about employee import via Excel / CSV.

2023 tax changes are now in force

We have received confirmation from LHDN that the proposed changes to tax rate and tax relief in Malaysia Budget 2023, tabled on 24 February, are now in force.

Tax rates for tax resident individuals for the year of assessment 2023 for the following chargeable income bands will be reduced by two percents:

• RM35,001 to RM50,000 (-2%)
• RM50,001 to RM70,000 (-2%)
• RM70,001 to RM100,000 (-2%)

Tax rates for tax resident individuals for the year of assessment 2023 for the following chargeable income bands will be increased by between 0.5 to 2 percents:

• RM100,001 to RM250,000 (1%)
• RM250,001 to RM400,000 (0.5%)
• RM400,001 to RM600,000 (1%)
• RM600,001 to RM1,000,000 (2%)

Tax relief

• Medical treatment expenses limit is increased from RM8000 to RM10,000. The scope of relief is expanded to include intervention expenditure for Autism, Attention Deficit Hyperactivity Disorder (ADHD), Global Developmental Delay (GDD), Intellectual Disability, Down Syndrome and Specific Learning Disabilities, limited to RM4,000.
• The existing relief of RM3,000 on life insurance premiums is expanded to cover voluntary EPF contributions.
• Tax relief for child care fees is extended until the year of assessment 2024.
• Tax relief on net deposit into the slim simpanan pendidikan is extended until the year of assessment 2024.

We have implemented these changes in our system effective from 12 June.

Learn more about PCB/ MTD tax calculations and tax relief.

Follow along every month for the latest and greatest product updates

We want our customers to get the most out of our platform. Whether it’s HR, payroll or benefits, you can expect to find new updates here – all designed to make your world at work easier. If you’d like to stay up to date with all of our content, you can visit our resource hub or follow us on LinkedIn.