Commonly covered expenses include internet bills, electricity costs, home office equipment, wellness programs, and professional development. Companies may tailor stipend categories to employee needs.
Digital stipend management platforms, such as Gusto or Divvy, allow companies to track stipend usage in real-time, categorize expenses, and generate automated reports for easier monitoring and analysis. [...]
Tax treatment depends on local laws. In many regions, stipends for specific work-related expenses (e.g., home office equipment) may be non-taxable, but allowances for personal use might be considered taxable income. [...]
Prepaid cards allow companies to load a fixed stipend amount for employees, which can be used for approved expenses. These cards simplify tracking, provide spending limits, and eliminate the need for [...]
A stipend policy should outline eligibility criteria, approved expense categories, reimbursement processes, deadlines, and any spending limits. Clear guidelines ensure transparency and prevent misuse.
Payroll processes must account for each work model's specific requirements. For remote employees, payroll may include allowances for home office expenses, while hybrid employees may receive a mix of allowances or [...]
Malaysia does not mandate allowances for remote work, but many companies offer stipends for utilities or internet to support remote employees' productivity. These allowances are typically included in payroll, and companies [...]
For employees working remotely within Malaysia, income tax is managed as usual. However, for employees working from other countries, payroll departments must ensure compliance with both Malaysian tax laws and any [...]
Popular payroll management tools in Malaysia include Kakitangan, PayrollPanda, and Talenox. These platforms help streamline payroll processes, track attendance, and calculate contributions to EPF, SOCSO, and tax withholding. For remote or [...]
To secure payroll data, companies should use encrypted payroll software, implement role-based access, and comply with Malaysia's Personal Data Protection Act (PDPA). Multi-factor authentication, regular data audits, and secure VPNs for [...]
