Overtime Maximum Capping rate
Hi Mr. Siew,
My company has been implementing for Overtime Maximum Capping in two catagory: 1) RM2,000 2) RM2,500
This are for Overtime calculation purposes. Meaning for those basic salary is exceeding RM2,000 or RM2,500, their OT will be calculate based on the rate based on the max capping.
Under the EA or labour law, is there any clause indicated that we could implemet this?
And is this related to the recent raise on the salary ceiling from RM1,500 to RM2,000?
Thanking you in advance for your prompt reply.