The Human Resource Development Corporation (HRD Corp) is urged to allocate its funds strategically toward industry-focused training that aligns with market demands and emerging workforce trends. Industry leaders emphasize the need for practical, hands-on training to enhance employability, productivity, and career mobility.
SME Association president Chin Chee Seong advocates for industry-specific collaborations that allow the co-creation of tailored training programs. This approach ensures that training remains relevant, practical, and fosters economic growth and innovation. He also highlights the importance of streamlining the application and approval process to improve employer engagement in workforce development.
In 2023, HRD Corp collected a record RM2.3 billion in levies from employers, aimed at funding upskilling and reskilling initiatives. To maximize the impact of these funds, Chin suggests implementing inclusive and accessible training programs, particularly for SMEs and lower-income workers. Providing free or subsidized training and expanding real-world, hands-on learning opportunities can significantly benefit employees and businesses alike.
Kuala Lumpur and Selangor Indian Chamber of Commerce and Industry president Nivas Ragavan reinforces the importance of the levy system in strengthening Malaysia’s workforce. As industries evolve, employees with advanced skills will be better positioned for career growth and adaptability. He stresses the need for continuous investment in upskilling initiatives, especially in the face of digital transformation and global competition.
Additionally, organizations should explore training in leadership, emotional intelligence, conflict resolution, and effective communication. These skills are essential for fostering a collaborative work environment and ensuring long-term organizational success.
Source by: https://www.thestar.com.my/news/nation/2025/02/13/use-hrd-corp-funds-proactively
