A probation letter sample for termination during probation.

(Letterhead)

Date:

Dear………………………

1. We refer to the letter of offer dated ………………………… and your acceptance of appointment as …………………… on a 6-month probationary period.

2. During the probationary period, we would assess, monitor and evaluate your performance, as well as your overall suitability with the company and its objectives. Termination on employment during the probation is subject to terms and conditions as per agreement.

3. Having taken all the consideration, we regret to inform you of our intention to terminate your service and this letter serves as a 24-hour termination notice. We take note of our obligation to make all the payment in-lieu as stipulated in the employment agreement.

4. In return, we would appreciate if you can render your cooperation by returning all of the company properties before leaving the organization’s premise.

5. We thank you for your service, and we wish you all the best in your future undertaking.

Thank you.

Yours sincerely,

…………………………………..

(Name and Position)

The Malaysian Institute of Taxation (MIT) is suggesting the government to consider imposing a cut in employee’s EPF deduction rate.

The suggestion, which was made by its president, Dr. Veerinderjeet Singh, comes at a time where majority of the citizens are embracing difficult times financially. The recent increase in petrol price and household goods has created a lot of anguish and resentment among the public.

Through the deduction cut, employees will be able to make use of more disposable income to cater their current needs.

The body hopes such proposal can be presented during the Malaysian Budget 2009, which will be tabled in the parliament, by the Prime Minister cum Finance Minister Dato’ Seri Abdullah within the next few weeks.

MIT also proposes for to include ceiling for tax rebates on insurance, as well as widening the tax bracket or band. It compares the income tax system in Singapore, which has a broader tax bracket. This naturally means that an increase in income for an employee may not push him into the next tax bracket, which equals to paying higher income tax.

At the moment, the rate of EPF deduction for employee is 11% of their monthly salary. The employer, on the other hand, contributes 12% to their EPF account.

It’s another round of airfare extravaganza, with budget airline Air Asia offering 1 million free tickets to passengers traveling next year between 1 and 31 April 2009.

The booking period, however started on 26 August 2008 and ends on the Malaysia’s Independence Day on 31 August 2008.

The free tickets means that passengers get free seat but will be required to pay airport tax and service charges, and depending on the airport, the tax can range from as low as RM40 to a few hundred ringgits.

Apart from the domestic destinations, the free seat campaigns will cover more than 100 routes and destinations across Asia, as well as their new long haul network, Air Asia X, which travels to China, Perth and Melbourne, Australia.

The airline offered similar package this time around last year, with most of the tickets swept away within a few days of offering.

Air Asia is the pioneer of the budget and low cost airline in Asia, with many awards and accolades under its belt of achievements.  It was recently ranked among the world’s 50 Most Innovative Companies in 2008 by Fast Company.

As part of the giving-back-to-society initiative, HP (Hewlett Packard) and AMD (Advanced Micro Devices) have teamed up to offer a scholarship opportunity to eligible tertiary students.

Called the HP & AMD Scholarship 2008, the opportunity is open for undergraduate (Degree) and post-graduate (Masters) students, below the 30 years of age who are currently pursuing their studies in local institutions within Malaysia.

Both full time and part time students, who meet the criteria, can apply for the scholarship program.

3 scholarship packages worth RM25,000 each, inclusive of HP Pavilion tx2520 Entertainment Notebook PC, powered by AMD processor, are up for grab. Best of all, the offer comes without any string attached – no bonding clause with the scholarship provider, while the payment to recipients will be disbursed on a lump sum basis, and paid directly to them.

Application for the scholarship, which can only be done online (certified transcripts and certificates, on the other hand, need to be mailed to complement the online application) is now open and runs until its deadline of 30 September 2008. Part of the online submission will require the applicant to answer a question with a creativity in not more than 150 words.

Click here to see the details and to apply for the HP & AMD Scholarship 2008.