Hidden Employee Benefits You Might Be Missing
While salary and basic benefits like the Employees Provident Fund (EPF) and Social Security Organization (SOCSO) are well-known, many Malaysian companies offer additional perks that often go unnoticed. As of April 2025, understanding these hidden benefits can significantly enhance your job satisfaction and financial well-being.​

 

1. Professional Development Opportunities

Many employers are investing in their workforce by covering costs for certifications, training courses, and workshops. This initiative aims to upskill employees and keep them abreast of industry trends.​

 

How to Leverage:

• Inquire with HR: Ask about available learning and development funds.​

• Explore Courses: Look for programs that align with your career goals.​

• Stay Updated: Regularly check for new training opportunities.​

2. Wellness and Lifestyle Allowances

Beyond standard medical insurance, some companies offer wellness benefits to promote a healthier lifestyle. These may include:​

• Gym Memberships: Subsidies or full coverage for fitness facilities.​

• Mental Health Support: Access to counseling services or Employee Assistance Programs (EAPs).​

• Health Screenings: Regular medical check-ups and vaccinations.​

• Remote Work Support: Reimbursements for home office setups.​

Action Steps:

• Review Company Policies: Check if these benefits are part of your employment package.​

• Utilize Available Resources: Take advantage of programs that support your well-being.​

3. Flexible Allowances

Employers may provide flexible allowances to cater to various employee needs, such as:​

• Meal Allowances: Financial support for daily meals.​

• Childcare Subsidies: Assistance with childcare expenses.​

• Transportation Allowances: Coverage for commuting costs, including petrol and toll fees.​

Note: Certain allowances, like childcare up to RM3,000 per year and petrol/travel up to RM6,000 per year for official duties, may be tax-exempt. 

 

4. Employee Stock Ownership Plans (ESOP) and Profit Sharing

Some companies offer ESOPs, granting employees the option to purchase company shares at a predetermined price, aligning employee interests with company performance. Profit-sharing plans distribute a portion of the company's profits among employees, fostering a sense of ownership and motivation. ​

 

Benefits:

• Financial Growth: Potential for wealth accumulation as the company prospers.​

• Engagement: Increased commitment to the company's success.​

 

Considerations:

Tax Implications: Be aware of the tax responsibilities associated with these benefits. 

5. Housing and Transportation Perks

To ease the financial burden, some employers provide:​

• Housing Allowances: Assistance with rent or mortgage payments.​

• Company Vehicles or Car Allowances: Provision of vehicles or funds for transportation needs.​

• Commuter Subsidies: Support for public transportation costs.​

How to Benefit:

• Consult HR: Inquire about eligibility and application procedures.​

• Document Expenses: Keep records to facilitate reimbursements.​

6. Extended Leave Options

Beyond statutory requirements, companies may offer additional leave types:​

• Parental Leave: Extended maternity and paternity leave beyond the legal mandate.​

• Sabbaticals: Long-term leave for personal development or rest.​

• Volunteer Days: Paid time off to engage in community service.​

Steps to Take:

• Review Leave Policies: Understand the types and durations of leave available.​

• Plan accordingly: Coordinate with your team to manage workloads during your absence.​

7. Exclusive Employee Discounts

Companies often partner with other businesses to offer discounts on:​

• Retail Products: Clothing, electronics, and more.​

• Travel Services: Hotels, flights, and car rentals.​

• Entertainment: Event tickets, streaming services, etc.​

Maximizing Discounts:

Stay Informed: Regularly check internal communications for new deals.​

Utilize Offers: Take advantage of discounts that align with your interests and needs.​

8. Tax-Exempt Benefits

Certain benefits provided by employers are exempt from taxation up to specified limits, such as:​

• Childcare Allowances: Exempt up to RM3,000 per year.​

• Petrol, Travel, and Toll Allowances: Exempt up to RM6,000 per year for official duties. ​

Action Steps:

Understand Tax Implications: Familiarize yourself with tax-exempt benefit limits.​

Consult HR or Tax Professionals: Seek guidance to optimize your benefits within tax-exempt thresholds.​

Many employees in Malaysia are unaware of the hidden perks their companies offer, leaving valuable benefits unclaimed. From professional development funds and wellness allowances to stock options and tax-exempt perks, taking full advantage of these benefits can significantly improve your financial well-being, career growth, and work-life balance.

 

Looking for new career opportunities? Check out our latest job openings here: Job listings

Need hiring support? Connect with Reeracoen Malaysia today!
 

 

Disclaimer:
The information provided in our blog articles is intended for general informational purposes only. It is not a substitute for professional advice and should not be relied upon as such. 
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Reference links:

https://briohr.com/blog/popular-employee-perks-and-benefits/

https://www.centralhr.my/guide-to-compensation-and-benefits-in-malaysia/

https://benifex.com/resources/spotlight/spotlight-on-malaysia-a-guide-to-implementing-employee-benefits-technology

https://www.earnin.com/blog/16-must-know-benefits-for-employees-that-help-you-thrive?p=2&

https://www.humanresourcesonline.net/employee-benefits-trends-to-know-in-2025

https://www.ajobthing.com/resources/blog/tax-exempt-allowances-perquisites-gifts-benefits-malaysia

https://www.boardroomlimited.com/my/2024/03/01/comprehensive-guide-to-employee-stock-ownership-plan-esop-in-malaysia/

https://www.azmilaw.com/insights/the-tax-treatment-of-local-and-foreign-employee-share-option-schemes-in-malaysia/

https://althr.my/resources/types-of-employee-allowances-available-in-malaysia

https://www.hasil.gov.my/media/forms/upload/form_ba8e92ba-1235-427e-addf-e57a7b027ba9/76adc2ee-ff8b-4e13-a6c2-748d5034078b/notes_for_part_f_of_form_ea.pdf

https://ins-globalconsulting.com/news-post/employee-benefits-in-malaysia/