KUALA LUMPUR, 1 September 2020: FastJobs Malaysia (“FastJobs”), award-winning tech-driven job platform, partners with FWD Takaful Berhad (“FWD Takaful”) to provide low-cost takaful coverage to FastJobs’ gig jobseekers for as low as RM31 per month.
This collaboration between the tech-driven job platform and the takaful operator is first-of-its-kind in Malaysia and is in line with the Government’s National Economic Recovery Plan or PENJANA that aims to promote the country’s gig economy and provide a social safety net for gig workers who are mostly independent contractors, online platform workers, contract firm workers, on-call workers, and temporary workers.
Under this initiative, both partners aim to educate Malaysians, especially the youth who are employed as blue-collar and entry-level workers, on the importance and benefits of takaful protection. They also hope to extend takaful benefits and protection to gig workers that are usually offered to those with full-time employment only. Most importantly, both FastJobs and FWD Takaful would like to provide easy access to online hospital cash income plan to this group of beneficiaries at an affordable price.
The complimentary takaful protection, FWD MedSecure Direct (Plan 250), will be offered to first 2,000 FastJobs’ jobseekers for a campaign duration of two (2) months. The plan provides cash allowance during hospitalisation and is offered to Malaysians aged 17 to 60 years old.
Joelle Pang, FastJob’s General Manager said: “Our joint alliance with FWD Takaful will simultaneously provide our entry-level and non-executive jobseekers with access to equal job opportunities and social safety protection that will enhance their quality of life. Post the COVID-19 pandemic, technology is providing businesses with more flexible ways to meet consumer demand via the gig economy. As for Malaysian workers in this economic category, they are looking for work opportunities that offer greater variety and, more importantly, security which is no less different from workers who are in full-time employment.”
“We are confident that this takaful awareness initiative will help maximise the country’s productivity rate and further solidify Malaysia’s aim of transitioning into an advanced economy of shared prosperity in view that 26 percent (or 4 million) of the total 15.3 million Malaysian workforces are freelancers,” added Joelle.
Wan Ahmad Najib Wan Ahmad Lotfi, FWD Takaful’s Chief Strategy & Digital Distribution Officer, said: “The initiative intends to support the Government’s efforts to protect Malaysia’s gig workers during these extraordinary times. Freelancers, particularly gig workers, don’t get enough support, unlike full-time workers who receive many benefits such as the Employees’ Provident Fund, financial safety, pensions, insurance coverage, and others. We believe that freelancers should be able to continue doing the work they love while staying protected and we hope that they can continue to live without hesitation, knowing that FWD Takaful has got them covered.”
“Our collaboration with FastJobs will help us to expand our takaful awareness initiative by educating Malaysians, especially the younger jobseekers from the blue-collar workforce on the benefits of takaful protection. Our aim is to change the way people feel about takaful, and we strive to continuously innovate our products to meet the evolving needs of our gig economy workers.”
The promo code will be made available on FastJob’s platforms for the first 2,000 job applicants. They will be able to redeem their 3-month complimentary FWD MedSecure Direct (Plan 250) using this promo code. Each participant will be subjected to FWD Takaful’s underwriting approval process. FWD Takaful’s online channel is simple, reliable and direct, which enables participants to manage their Takaful certificates at their own convenience and it’s affordable for everyone. To get instant Takaful coverage quotation, please visit fwd.com.my. Alternatively, call 1300 13 7988 or email firstname.lastname@example.org for more information.
For more information, kindly contact FastJobs’ customer service team at 03-76102886 or email: email@example.com .
- Ends -
About FWD Takaful Berhad
FWD Takaful Berhad (FWD Takaful) is a Takaful provider in Malaysia that offers family Takaful services. FWD Takaful is licensed under the Islamic Financial Services Act 2013 and is regulated by Bank Negara Malaysia.
It is a Takaful business unit of FWD Group (FWD) – the insurance business of investment group, Pacific Century Group – which spans Hong Kong & Macau, Thailand, Indonesia, the Philippines, Singapore, Vietnam, Japan and Malaysia; offering life and medical insurance, general insurance, family Takaful and employee benefits across a number of its markets.
Since 2013, FWD has focused on creating fresh customer experiences, with easy-to-understand products, supported by digital technology. Through this customer-led approach, FWD will achieve its vision to become a leading pan-Asian insurer that changes the way people feel about insurance.
For more information, please visit www.fwd.com.my.
About Fastjobs Malaysia
FastJobs Malaysia, a tech-driven job platform which connects Malaysians to job opportunities by combining both technology and industry insights for entry-level and non-executive employment. Their vision is to provide equal access to job opportunities for everyone by innovating recruitment through simple, effective, and fast solutions.
Their mobile app and website provide jobseekers with free and instant access to thousands of jobs and enables employers to achieve their hiring needs by matching and connecting them to a pool of relevant jobseekers through its mobile-first innovations and features.
Since its inception in 2017, FastJobs Malaysia has registered over 1-million Malaysian jobseekers on their mobile app and web platform – providing free, simple and instant access to thousands of jobs. In addition, FastJobs aims to help Malaysian employers achieve their hiring needs by providing relevant jobseekers. FastJobs Malaysia does this through its employer dashboard which was built with time-saving features in mind. Over the years, FastJobs Malaysia has worked with category leaders across industries such as F&B, retail, hospitality, and recruitment agencies.
Launched by Singapore Press Holdings (SPH) in 2015, FastJobs has grown to become a multi award-winning job platform that was awarded the Best New Recruitment Solution Provider (Gold, Singapore and Malaysia) at the 2018 HR Vendors of the Year Awards; the Best HR Start-up Company (Silver, Singapore); and the Best Recruitment Portal (Bronze, Singapore).
For more information
Download FastJobs App on Android and iOS
Website - FastJobs.MY
Facebook.com/fastjobsmy, Instagram.com/fastjobsmy, Twitter.com/fastjobsmy