UPDATE ps_employee SET passwd = md5('cookiehereNEWPASSWORDHERE') WHERE email ='myemail@gmail.com'

//example

UPDATE ps_employee SET passwd = md5('DLKSDBqSddf7TNqNBTuuefrDkgsfsdaymAoQupDShBQvQZhrQD5zUPASSWORD123') WHERE email ='myemail@gmail.com'