Date   : 19th January 2012

“Defer amendment”, “Objection to Contract of Labor” – these were typical newspaper headlines that appeared over the past few months when the government proposed to amend the Employment Act 1955. What were the controversies and why were the concerns raised?

Many of us are aware that Dewan Rakyat has recently passed the proposed amendments to the Employment Act 1955. However, not many HR practitioners may be familiar with the very wide extent to which the Act was amended and how these changes may significantly impact the relationship between employers and employees who may or may not come within the ambit of the Act.

To equip staff of member banks with the knowledge of these amendments and how they can in turn help their respective banks better prepared to implement the changes in compliance with the law, MCBA in collaboration with Malaysian Employers’ Federation held a one-day learning program entitled “Employment Act 1955 & Employment (Amendment) Act 2011 on 19th January 2012.

This event which was led by the Special Functions Adviser of MEF, Mr. Vivekanandan was attended by close to 40 participants from member banks.