Vijaya Rani Tamotharan P120848

Soo Ki Kim P121636

Banu Chanteran P121970
Adli Hakim P120968
Dinagaran P121968

Benefits and Services

Dr. Maryam Jamilah Asha’ari

designed by tinyPPT.com
 What Are Employee Benefits
• Indirect and non-cash compensation paid to an employee.

• These benefits are given to employees over their salaries and wages.

• These benefits are designed to enhance the overall employment package and
provide additional value and support to employees.

• They are also called fringe benefits that are offered to attract and retain
employees.

• Employee benefits can vary depending on the organization, industry, and

region.

designed by tinyPPT.com
 Why Benefits are Important?
EMPLOYEE
1 ATTRACT & RETAIN
TALENT
5 LOYALTH AND
COMPLIANCE &
LEGAL
RETENTION
-Competitive benefit packages- OBLIGATION
-valuable benefits
attract top talent HEALTH & WELL BEING -certain benefits may
-promote the health and well-being fosters loyalty among
-attractive benefits increase their be legally required
ability to recruit and retain skilled 3 -quality healthcare-employees can
receive necessary medical care,
employees More
likely to stay long
7 based on employment
employees -enhancing their physical and mental laws & regulations
term  reduce
well-being. -must comply to avoid
turnover, reduce cost
legal consequences
related to recruiting
and training

EMPLOYEE
SATISFACTION &
ENGAGEMENT
employees feel supported and
valued more likely to be
satisfied Committed to
organization  productive,
2 motivated, loyal  Improve
business performance
designed by
ENHANCED
EMPLOYER
BRANDING
FINANCIAL SECURITY A strong benefits
4 -means to plan for their future,
protect their families, and
package can contribute
to a positive employer
alleviate financial stress brand and reputation 
positively impact employees'
attract potential
peace of mind and job
satisfaction
6 candidates and enhance
the organization's image
as an employer of choice
tinyPPT.com
 Setting the Benefit
1) Identify
Organizational
Objectives
talent retention priority-
focus on benefit
2) Conduct a Needs
Assessment-
understand what benefits
are valued and desired by
your workforce.
3) Research Market
Trends
-industry trends and
benchmarks (same
industry and region)
6) Select Benefit
Options
Based on the needs assessment,
market research, and budget
considerations, identify the
specific benefits to offer.
5) Determine
Budget
Set a budget
organization's financial
capacity
4) Consider Legal
Requirements
relevant employment laws
and regulations
-ensure compliance
designed by
7) Communicate
and Educate
understand the value and
utilization of the benefits.
8) Regularly
Review and Adjust
Continuously monitor and
review (seek feedback)
10) Evaluate
ROI
9) Compliance and analyzing factors such as
employee satisfaction,
Administration
retention rates, recruitment
HR information success, and overall
organizational
systems
(HRIS),streamline performance.
benefit administration
tinyPPT.com
 01 PAID TIME
OFF

02 HEALTH
CARE
INSURANCE

03 RETIREMENT PLAN
TYPE OF
BENEFIT
04 FLEXIBLE
BENEFITS

05 SERVICES

06 OTHER PERKS

designed by tinyPPT.com
 PAID TIME OFF (PTO)
1. Time off from work for which employees
receive their regular wages or salary.
2. To promote work-life balance, support
employee well-being, and offer flexibility in
managing personal and professional obligations.
3. Accrual and Availability: PTO is often accrued
over time based on factors such as length of
service or hours worked. The rate at which PTO is
earned can vary depending on company policies
4. Benefits of Paid Time Off: Work-Life Balance,
Physical and Mental Well-being, Employee
Satisfaction and Engagement, Talent Attraction
and Retention, Increased Productivity:
designed by
Types of Paid Time Off:
 Annual Leave: Time off for rest,
relaxation, and personal activities.
 Sick Leave: Time off for illness, injury,
or medical appointments.
 Public Holidays: Paid days off for
recognized public holidays.
 Condolence Leave: Time off granted
to grieve the loss of a loved one.
 Marriage Leave:
 Maternity/Paternity Leave
tinyPPT.com
 Healthcare,
Insurance
Health care/Life
Insurance & Mental Health

Other benefits
• Cost of basic & specialist medical Benefits
care. • Promoting psychological
• Medical card wellness
• Hospitalization coverage for out/in • Professionals service such as
patient psychologists, psychiatrists,
• Life Insurance – Financial therapists, or counselors.
protection for employee’s families • Mental health medication
or beneficiaries in the event of the
employee's death.
Wellness
Dental & Vision
Programs
care • Health Screening
• Dental - preventive care, basic • Fitness Program
treatments, & major dental procedures. Medical Benefit • Promoting healthy lifestyles and providing
• Costs of vision care and eyewear.
• Frame allowances, and coverage for (PTO) resources for managing illnesses and stress
• Improving physical, mental, and emotional
specialized lenses or treatments. health.
• Surgery/Major recovery period
• Miscarriage recovery
• Duration & terms depending on
company policies and local labor
laws

designed by tinyPPT.com
Retirement benefits
1. Retirement plan practices can vary depending on the employer and the industry.
2. While there is a mandatory retirement savings scheme, the Employees Provident Fund (EPF)
3. Here are some common retirement plan practices in Malaysia

Employees
(EP
1 Provident
Fund F)

Pension
2 Schemes

Retirement
Benefit
Employer's
Voluntary (EVC
3 Contribution
)

Gratuity or
4 Severance Pay

designed by tinyPPT.com
 1. It is an employee benefit program that allows
Flexible Benefits employees to select from a range of options to
customize their benefits package according to their
individual needs and preferences.

01
2. Flexible benefits offer employees the flexibility to
choose the benefits that are most relevant and valuable

Maybank
03 to them.
3. This can include a combination of health insurance
Telekom coverage, retirement plans, life insurance, wellness
programs, and other benefits.
FlexiChoice Malaysia
Flexi-Reward

Nestlé Malaysia
Shell Malaysia
Shell MyChoice
MyBenefits

02 04
designed by tinyPPT.com
 EDUCATIONAL
SERVICES
01 SERVICES

02 CHILDCARE
CENTRE
FINANCIAL
03 SERVICES
04 COUNSELING – LIFE
EVENT PLANNING
EXECUTIVE
05 PERKS

designed by tinyPPT.com
 OTHER
O
CONDUCIVE
WORKING
SERVICES
ENVIRONMENT
1
CAFETERIA
PLAN
O
2 COMMUNICATION
O SUBSIDISE

3
TRANSPORTATION
FACILITY
O
4

designed by tinyPPT.com
 SHELL
A
Non-Occupational
Disability Disability
Income Income Protection
Insurance

B
Survivor
Company Survivor Benefit Income (Life
Group Life Insurance
Insurance)

Other

C
Group Auto and Home
Protection Insurance
Plans Group Legal Plan

Company Survivor Benefit

D
Group Life Insurance Medical

designed by tinyPPT.com
 E
Alternative Flexible Work
Work Schedules
Schedules FlexTime Policies

F
Holidays Time Away
Vacation From Work
Vacation Purchase

Work And Adoption Assistance

G Family
Programs
Backup Care
Employee Assistance
Program
Company-provided Training
Development

H
Educational
Reimbursement and Learning

designed by tinyPPT.com
 E
Shell
Pension Alternate Pension
Formula (APF)
Plan

Pre-Tax Employee
Contributions
After Tax Employee
Contribution
Savings Plan
F
Employee

G
Purchase shares of
Share Company stock at a
Purchase Plan 15% discount.

Health Care Account Flexible Spending

H
Dependent Care Account account(s)

designed by tinyPPT.com
 Communicate the
Understand Employee Value of Benefits:
Needs
Ensure employees understand
how the benefits positively
Begin by understanding the impact their work experience,
needs and preferences of personal well-being, and
your employees professional growth

OPTION 1
Provide OPTION 3
Flexibility and
Offer a range of benefits that
Choice
provide flexibility and choice Foster a Positive Use benefits to improve engagement, productivi
to employees. Recognize that Work Culture
different individuals have
and performance
Emphasize the organization's
different needs and preferences.
commitment to employee
well-being and show that
OPTION 4 benefits are part of a larger
strategy

OPTION 2

designed by tinyPPT.com