1. What is Part Time Salary Calculation?

The Part Time Salary Calculation helps determine the net take-home pay for part-time workers in Malaysia after accounting for standard deductions like tax, EPF (Employees Provident Fund), and SOCSO (Social Security Organization).

2. How Does the Calculator Work?

The calculator uses the following formula:

Where:

• Hours Worked — Total hours worked in the pay period
• Hourly Rate — Agreed payment per hour (MYR)
• Tax — Income tax deduction (if applicable)
• EPF — Employees Provident Fund contribution
• SOCSO — Social Security Organization contribution

3. Importance of Accurate Calculation

Details: Accurate salary calculation ensures proper payment to employees and correct deduction of statutory contributions required by Malaysian law.

4. Using the Calculator

Tips: Enter hours worked, hourly rate, and any applicable deductions. For accurate results, use the most current EPF and SOCSO contribution rates.

5. Frequently Asked Questions (FAQ)

Q1: Are part-time workers entitled to EPF?
A: Yes, in Malaysia, part-time workers earning more than RM50 per month are entitled to EPF contributions.

Q2: How is SOCSO calculated for part-time workers?
A: SOCSO contributions are based on wages earned, with different rates for employment injury and invalidity schemes.

Q3: What's the tax rate for part-time income?
A: Part-time income is taxed as part of total annual income. If total income exceeds taxable threshold, normal income tax rates apply.

Q4: Can I use this for freelance work?
A: This calculator is designed for regular part-time employment. Freelancers should account for additional business expenses.

Q5: Where can I find current EPF/SOCSO rates?
A: Current rates are available on the official EPF (www.kwsp.gov.my) and SOCSO (www.perkeso.gov.my) websites.