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Payment Systems of Tnb

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PAYMENT SYSTEMS AND WORKING HOURS
In order to attract workers and to retain the best performers, employers need to have a compensation system that will achieve these objectives. Furthermore, employers need to comply, with the relevant law which relate to payment systems and hours of work. Payment systems and quantum of payment play a significant role not only for individual employers, but also at the level of society.
WAGE AND PAYMENT SYSTEMS
In return of their work, the employees of TNB are paid agreed amounts of remuneration. Typically, employers also provide some payments to motivate workers to maximize their output. Thus, a remuneration or compensation package consists of several elements, usually a combination of basic pay, incentives and benefits.
REMUNERATION PACKAGE
There are three (3) remuneration package consist of wages, benefits, incentives. I. Wages
-Attractive salary scheme
-TNB gives their wages depends on different positions and tasks.

II. Benefits
-Medical coverage and insurance benefits 24 hours by EWRM
-Holiday accommodation
-Promotion
-Loan benefit : electronics, house, car, motor, computer/ laptop

III. Incentives
-Reimbursement and allowance
-Annual increment and bonuses

TNB practices online payment system. They distribute payment by Employee Self Service (ESS). Besides that, TNB also use other method of payment such as ERMS / EHRMS.
There are two major system of payment : 1. Time-related systems 2. Piece-rated systems
TNB implement Time-related systems, wages are paid for a set period of work monthly basis. The pay varies with the number of hours worked and not with the output because TNB is not an output based organization. Time-related systems are probably the most widely used because they are easy to understand and administer and the worker is assured of a steady income. A time-related system of payment is particularly suitable where there is no direct relationship between productivity and an individual’s performance. White-collar, clerical and managerial jobs have traditionally used this system as the mode of payment.

WORKING HOURS
Restrictions on working hours established by the Employment Act and SLOs
NORMAL OFFICE HOURS Sunday to Thursday | 8.00 am – 5.00 pm | Friday and Saturday | Off day |

SHIFT HOURS- three shift system Shift / Day | | Shift I | 8.00 a.m. – 4.00 p.m. | Shift II | 4.00 p.m. – 12 a.m. | Shift III | 12 a.m. – 8 a.m. |

OVERTIME Overtime hours are restricted by law to protect the health of the worker. The normal hours of work is permitted up to a maximum of 104 hours per month. Overtime work cannot be made compulsory except in certain circumstance and in certain industries (the essential services) such as TNB. An employee who works overtime hours are rewarded at maximum rate of RM 9 per hours.

BENEFITS AND REWARDS
We understand the importance of attracting and retaining the best people. In addition to competitive salaries, we offer a number of benefits as well as incentives aimed at recognising and rewarding high performance. We support aspiring employees through development programs and opportunities - whether by moving up through the company, or by expanding their skills and experience. With so much going on, we also recognise the need for balance so we offer a range of services and benefits that help our employees get the most out of working at TNB.

* ANNUAL LEAVES
TNB allocates annually leave for their workers and normally not more than week and is only given by time that was thought suitable for our business. Nevertheless, it is limited for one person only in the period.

* MEDICAL TREATMENT
Medical treatment will be given freely to the workers depend on their health problem. TNB very stressed on healthy of their workers and they implement government & specialist hospital to their employees. TNB also provide panel clinic in selected clinics. They believes that a healthy workers is important.

• INSURANCE
TNB covers all its employees with group accident benefits. The staff that suffers accident during their work will receive benefits based on the coverage of the above policy.

• MATERNITY LEAVE
For women employee, TNB give two month for maternity leave and for additional leave they cut half price of the wages

• SICK LEAVE
Sick leave will be given to the workers over the general manager’s permission. Nevertheless, this leave will be given to the workers in each year.

Payment systems

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