What is Previous Employment Income
Previous Employment Income is the total remunerations and contributions of your newly hired employee who was hired in the current year, and they have worked with another company(s) within the current year prior to joining your company.
This section will allow the new hires to declare their current year's remunerations and contributions from their previous company, it is highly advisable for the new hires to provide accurate information so the system is able to capture the correct details to calculate their income tax accurately.
- What is the information needed to update the Previous Employment Income?
In this section, the new hires have to declare the following information:
- Gross Remuneration: Total gross remuneration (taxable) within the current year prior to joining your company
- EPF Contribution: Total employee portion of EPF contribution within the current year prior to joining your company
- Income Tax Deducted: Total PCB/MTD paid within the current year prior to joining your company
- SOCSO Paid: Total employee portion of SOCSO contribution within the current year prior to joining your company
- EIS Paid: Total employee portion of EIS contribution within the current year prior to joining your company
- Zakat Paid: Total zakat paid within the current year prior to joining your company
- Start On: Start date of their previous employment
- Ended On: End date of their previous employment (within current year)
Note: If your new hires have worked for more than 1 company within the current year, the information that they have to provide is the total remunerations and contributions from all of their previous companies starting from January of the current year.
Tips: Your new hires may find the information from the EA form or payslips issued from their previous company(s)
To update previous employment income:
There are TWO (2) places you can update the information:
- People Module
- Payroll Module
- In People module:
1. On the left panel of your admin dashboard, head to People > Employees.
2. Search for the employee whose information you want to edit.
3. On the right of the employee, click Actions > View Profile.
4. Click the Compensation tab.
5. On the left, click Previous Employment Income.
6. Click Edit.
7. Fill in the employee’s total remuneration from the beginning of the year, total EPF contribution, income tax deducted, period of the payment start date, and end date.
8. Click Confirm once all the information is completed.
- In Payroll module:
1. On the left panel of your admin dashboard, head to Payroll > Compensation.
2. Search for the employee's name.
3. On the right, click View.
4. Click Previous Employment Income.
5. You will be redirected to People > Compensation > Previous Employment Income.
6. Follow the steps from step 6 to step 8 in People Module mentioned above.
- To understand more on how to manage employee compensation, watch this video: