KUALA LUMPUR | The Human Resource Development Corporation (HRD Corp), an agency under the Human Resources Ministry, has collaborated with Malaysia’s leading employment platform, JobStreet, to enable exclusive training incentives to encourage companies to hire new talents.
This new initiative will be delivered through HRD Corp Placement Centre (HPC), a one-stop virtual portal that provides employment and income-generating opportunities for all Malaysians.
It will create new job opportunities by helping companies manage total hiring and onboarding costs at a critical juncture in their business continuity and survival.
Under this initiative, employers can claim up to RM3,600 for on-the-job training allowances, which would help to reduce the total cost of hiring new talent, especially from unemployed graduates and school leavers.
This incentive is available exclusively for hires made via the JobStreet platform.
Furthermore, there is no limit to the number of new hires for employers to submit their claims.
In a joint statement, HRD Corp chief executive Datuk Shahul Dawood said the agency is pleased to partner with JobStreet in expanding HPC’s reach and support to more employers and talents.
“At HRD Corp, we are committed to ensuring that every Malaysian is highly trained and employable.
“We believe that this initiative will not only help us in driving that ambition, it will also incentivise employers to open up new recruitment, training and retention opportunities as they seek to revive and future-proof their businesses in the coming year,” he said.
Meanwhile, JobStreet Malaysia managing director Vic Sithasanan said the company is delighted to collaborate with HRD Corp to establish this initiative, which has the immediate aim of generating new job opportunities, built upon a foundation of on-the-job training and experience.
“This balance is highly relevant in today’s rapidly changing digitalised world,” he said.
Insights from industry watchers such as The Asia Foundation highlights that Asia’s future jobs will look vastly different due to changes brought on by 4IR (4th Industrial Revolution) technologies.
Shifting global trends, skills requirements and changing markets will require innovative programmes to inculcate future-ready skills and on-the-job training and experience.
“We will continue to work to further boost development for local talent and play our role as an industry leader to support the reskilling and upskilling of Malaysians for increasingly high-value jobs in the 4IR world, leading to sustainable recovery and economic growth for the country,” Vic said.
