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• On average 13,172
cases a year get
referred to the Industrial
Court of Malaysia.
• Which means 13,172
SME’s each year get
affected.
Cases Referred to Industrial Court of
Malaysia
• Period 2005 – 2013
– total cases 105,379
Industry Attrition and Staff Turnover
Rates:
• IT/Communication 75%+
• Services Associations 33%+
• Hospitality 32%+
• Manufacturing 23%+
• Wrongful dismissal
cases – the court
awards employees
up to 24 months
salary
• Financial Impact
between RM50,000 –
RM2,000,000
• First of it’s kind in Malaysia
• Launched & Commended by
the Minister of Human
Resources.
• Only through i-HR Consulting
for Malaysian SME’s
Integrated 3-in-1 Solution
• HR Content via a human
resource portal
www.ihrnet.com,
Integrated 3-in-1 Solution
• HR Advisory and Consultation
and
Integrated 3-in-1 Solution
• Advice on all HR Matters
assisting in managing their
internal HR needs
• Member access to
experienced human resources
professionals in real time
Integrated 3-in-1 Solution
• Plus Tune Ins Employment
Practice Liability
•The Employment Practice
Liability Insurance
•Administered by i-HR
Consulting and underwritten
by Tune Insurance
•Insure every subscribing SME
to a maximum of RM 100,000
for any wrongful dismissal
claims including legal fees.
The Rationale
• SMEs generally do not put emphasis
on having good HR practices as it
traditionally has been a costly affair
• Lack of good HR practices exposes
SMES to serious financial implication
arising from employment disputes.
• HR Risk Management helps SME’s
manage and protect their business
• HR portal – access extensive HR content and
information and adopt better HR practices.
• Adopt good HR practices - continuous
learning on HR processes, controls and
practices
• Manage employee disciplinary matters
professionally – ensuring actions are with just
cause through advisory and consultation
from professional experienced HR
consultants.
• Reduce and mitigate financial risk exposure
from unwanted employment disputes.
• Protection from significant financial risk
arising from employment related legal suits
i.e. wrongful dismissals from court awards.
• HR Capability: Continuously educate
SME’s on HR best practices.
• Our Solution: “HR Risk Management”
provides a solution of choice for SME’s to
continuously enhance their HR expertise
and protection.
• Our Commitment: To nurture and develop
SME Malaysia in professionalizing their HR
Practices and their HR risk.
Price Point:
• Packaged with attractive
and affordable price point
on a tiered structure of
number of staff
• Price ranges from a
minimum of RM 1,500.00 to
RM 7,000.00 per annum
• That is as little as RM 125
per month.
No of Employees Price
Below 30 Staff RM 1,500 per year
31 – 40 Staff RM 2,250 per year
41 - 50 Staff RM 3,000 per year
51 – 60 Staff RM 4,000 per year
61 – 70 Staff RM 4,500 per year
71 – 80 Staff RM 5,250 per year
81 – 90 Staff RM 6,000 per year
91 – 100 Staff RM 7,000 per year
HR Risk Management

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HR Risk Management

  • 1.
  • 2. • On average 13,172 cases a year get referred to the Industrial Court of Malaysia. • Which means 13,172 SME’s each year get affected.
  • 3. Cases Referred to Industrial Court of Malaysia • Period 2005 – 2013 – total cases 105,379 Industry Attrition and Staff Turnover Rates: • IT/Communication 75%+ • Services Associations 33%+ • Hospitality 32%+ • Manufacturing 23%+
  • 4. • Wrongful dismissal cases – the court awards employees up to 24 months salary • Financial Impact between RM50,000 – RM2,000,000
  • 5. • First of it’s kind in Malaysia • Launched & Commended by the Minister of Human Resources. • Only through i-HR Consulting for Malaysian SME’s
  • 6. Integrated 3-in-1 Solution • HR Content via a human resource portal www.ihrnet.com,
  • 7.
  • 8. Integrated 3-in-1 Solution • HR Advisory and Consultation and
  • 9. Integrated 3-in-1 Solution • Advice on all HR Matters assisting in managing their internal HR needs • Member access to experienced human resources professionals in real time
  • 10. Integrated 3-in-1 Solution • Plus Tune Ins Employment Practice Liability
  • 11. •The Employment Practice Liability Insurance •Administered by i-HR Consulting and underwritten by Tune Insurance •Insure every subscribing SME to a maximum of RM 100,000 for any wrongful dismissal claims including legal fees.
  • 12. The Rationale • SMEs generally do not put emphasis on having good HR practices as it traditionally has been a costly affair • Lack of good HR practices exposes SMES to serious financial implication arising from employment disputes. • HR Risk Management helps SME’s manage and protect their business
  • 13. • HR portal – access extensive HR content and information and adopt better HR practices. • Adopt good HR practices - continuous learning on HR processes, controls and practices • Manage employee disciplinary matters professionally – ensuring actions are with just cause through advisory and consultation from professional experienced HR consultants. • Reduce and mitigate financial risk exposure from unwanted employment disputes. • Protection from significant financial risk arising from employment related legal suits i.e. wrongful dismissals from court awards.
  • 14. • HR Capability: Continuously educate SME’s on HR best practices. • Our Solution: “HR Risk Management” provides a solution of choice for SME’s to continuously enhance their HR expertise and protection. • Our Commitment: To nurture and develop SME Malaysia in professionalizing their HR Practices and their HR risk.
  • 15. Price Point: • Packaged with attractive and affordable price point on a tiered structure of number of staff • Price ranges from a minimum of RM 1,500.00 to RM 7,000.00 per annum • That is as little as RM 125 per month. No of Employees Price Below 30 Staff RM 1,500 per year 31 – 40 Staff RM 2,250 per year 41 - 50 Staff RM 3,000 per year 51 – 60 Staff RM 4,000 per year 61 – 70 Staff RM 4,500 per year 71 – 80 Staff RM 5,250 per year 81 – 90 Staff RM 6,000 per year 91 – 100 Staff RM 7,000 per year

Editor's Notes

  1. First of it’s kind in Malaysia Launched & Commended by the Minister of Human Resources. Only through i-HR Consulting for Malaysian SME’s