If a company can’t even get their EPF contributions right, how much can this company amount to?

Not only does such a civil suit cost the company monetarily, but the reputation of the company and the directors will surely be questioned. I guess EPF should start blacklisting the name and the companies which failed to comply to such simple and practical act. This is to protect employees from being taken for a ride when such irresponsible “directors” decided to close shop and start a new venture again.

Just like bankruptcy, the banks are protected from lending to people with bad records. These bad records stick forever in the credit rating of the individual…ouch! Similarly, comprehensive namelist of such errant employers should also be made publicly available, in this case, on the KWSP’s website itself.

Speaking of which, I have got a friend who worked for a company that owed her 3 months pay. She’d filed a report since last year and still yet to see any convincing results.

KWSP on the latest figures of errant employers…

For the first quarter of 2006 the EPF filed 3,204 civil suits against employers and its directors. Meanwhile, during the same period 194 names of company directors have been submitted to the Immigration Department to prevent them from leaving the country, as provided under the EPF Act 1991.

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