Employee Benefits Reporting: Comparative Analysis of Pre and Post Pandemic COVID-19

The purpose of the study is to provide a comparative analysis of employee benefits reporting in the pre- and post-pandemic covid-19 periods among Malaysian public listed companies operating under different industries. The sample consists of 16 public listed companies that have adopted disclosure of employee benefits based on the annual reports for the years 2018 and 2020. Among the disclosures in MFRS 119 of Employee Benefits, there are two industries displaying positive signs as well as another two industries displaying negative signs. The findings revealed that the numbering according to most disclosed till least disclosed due to Covid-19 are Healthcare Industry, followed by Food and Beverage Industry, Manufacturing Industry and Construction Industry. It is crucial to disclose employee perks to your staff members since it demonstrates your commitment to their future and general well-being. Employee benefits package can help to attract and retain talent. Benefits can help the employer differentiate their business from competitors. Users of financial statements can get a true and clear view of the pre- and post-pandemic Covid-19’s benefits arising from the obligation to pay employee benefits to the employees who are affected by Covid-19.