TalentCorp is a Malaysian government agency established in 2011 to attract, retain, and develop talent to support Malaysia's economic growth. It has three strategic thrusts: 1) optimizing Malaysian talent through education and training programs, 2) attracting global talent through programs for foreign workers and expatriates, and 3) building networks among top talent through industry partnerships. TalentCorp implements initiatives such as internship programs, scholarships, and skills certification. It also maintains a Critical Occupations List to identify in-demand jobs and supports women's participation in the workforce through advocacy, capacity building, and talent solutions programs.
TalentCorp’s Role in Addressing National Talent Needs
1. OECD Southeast Asian Regional Policy Network
on Education and Skills
24 November 2021
TalentCorp’s Role in Addressing
National Talent Needs
2. To transform Malaysia into a
Global Talent Hub
Attract, nurture, and retain
the right expertise
to spur economic growth
Announced in 10th Malaysia Plan.
Began operations on
1st January 2011
Agency under the
Ministry of Human
Resources (MoHR)
TALENT CORPORATION
MALAYSIA BERHAD
Drive strong & effective
PARTNERSHIPS
Intervention
PROGRAMMES
Advocate
POLICIES
Introduce
BEST PRACTICES
How?
OUR 3 STRATEGIC THRUSTS
1. Optimise Malaysian Talent
Ensuring a strong and sustainable demand driven
talent pool
2. Attract and Facilitate Global Talent
Attracting diaspora and foreign talent with requisite
experience and expertise that can provide brain gain
3. Build Networks of Top Talent
Engagement of top talents to foster collaborations
and contribution for talent development
3. 1 2 3
Structured Internship Programme
(SIP)
Scholarship Talent Attraction and
Retention (STAR)
MyASEAN Internship
Semester Break Programme (SBP)
Young Employable Students (YES!)
Career Comeback Programme (CCP)
Work-Life Practices (WLPs)
Talent ProCertification
TalentCorp Group Signature Initiatives
OPTIMISE
MALAYSIAN TALENT
ATTRACT & FACILITATE
GLOBAL TALENT
BUILD NETWORKS
OF TOP TALENT
Returning Expert Programme
(REP)
Residence Pass-Talent (RP-T)
MYXpats Centre
Malaysia at Heart (MyHeart)
T
H
R
U
S
T1
T
H
R
U
S
T2
T
H
R
U
S
T3
Critical Occupations List (MyCOL) National Skills Registry (MyNSR)
mynext
Industry-Academia Collaboration
(IAC)
LIFE AT WORK Awards (LAWA)
Industry-Talent Advisory Council
(InTAC)
Malaysia Global Talent Advisory
Group (MyLead)
Women's Agenda Council of Experts
(WACE)
INDUSTRY ENGAGEMENTS
MYXpats
4. Ministry of Human Resources Ecosystem: Comprehensive End-to-End
Solution for Talent Development and Facilitation for the Workforce
Starting School Finishing School
Skills Training Social Security
Jabatan
Tenaga Kerja
MYFutureJobs- Job
portal to facilitate talent
demand and supply
Place & Train initiative to
facilitate unemployed
talent to be trained and
placed with employers
Talent Supply for Employment -
TalentCorp with guidance from
MOHR accelerate collaboration
with HLIs to equip and boost
talent supply with Graduate
Employability essential skills
and industry readiness through
signature initiatives
Industry-oriented training
programme that combines
workplace and institutional
training designed for school
leavers or existing workers who
meet the criteria.
EIS provides Employment
Insurance, Public Employment
Services, and Labor Market
Information (LMI) to the
Malaysian workforce.
Hiring Incentives
1.0, 2.0 & 3.0
Re-Employment Placement
Program for retrenched worker
Initiatives
• Upskilling and Reskilling: Future-
Proof Your Career
• Initiative and scheme to facilitate
industry, training providers and
professionals
Professional
• MYXpats & ESD
• Critical Occupations List (COL)
• Returning Expert Programme
(REP)
• Work-Life Practices
• Flexible Working Arrangement
• Women - Career Comeback
• Latent Talent
• Future of Work (FOW)
School Leavers Graduates
HLIs Students Employment Upskilling & Pro-Cert
Internship Social Security
Initiatives
Initiatives
Government’s Online Job-Matching &
Job-Seekers Facilitation
Empowering Graduates for School-to-Work Transition &
Build Talent Pool Data from Starting School
5. Facilitation for Graduate School-to-Work Transition
Enhancing Talent Funnel & Graduate Employability
Readiness
Structured Internship Programme Industry-Academia Collaboration
Talent solution & analytics platform
An integrated one-stop talent
solution and analytics platform,
with a focus to bridge the gaps
of Malaysia’s Talent Supply and
Future Jobs
An all-in-one, easy-to-use
platform that brings together
Students, Companies, Learning
Institutions, and the Workforce
Aim to accelerate graduate
readiness relevant to job market
needs making them more
employable to fill in the current
talent shortage in the economic
sectors
SIP plays a pivotal role in
encouraging industry-relevant
internship experience which leads
to employment
Bridging and fostering
collaboration between
industries and higher
education institution to
address talent matters
IAC encourages short-term,
medium-term and long-term
strategic interventions to
improve the talent supply and
demand ecosystem
6. Critical Occupations List 2020/2021
New occupations that appeared
in COL 2020/2021
Web & Multimedia Developers
Data Professionals
Cybersecurity Professionals
Animations and Visual Effects Professionals
Digital Games & eSports Professionals
Creative Content Designers Professionals
Nursing Professionals
Finance Managers
Policy And Planning Managers
Business Services Managers
Information And Communications
Technology Managers
Mathematicians, Actuaries
And Statisticians
Industrial And
Production Engineers
Mechanical Engineers
Manufacturing Professionals
Occupations that have
appeared in every COL
The 2020/2021 COL lists 42 occupations that are in demand. Most of
these occupations are high-skilled occupations at the managerial,
professional, and associate professional level.
The impact of COVID-19 pandemic towards the Malaysian economy
and the labour market is significant. From the bottom-up evidences, it
is observed that most of the companies have deepened reliance on
technology during the pandemic, and are more aware of digitalisation
and automation today.
86% of the occupations appeared on the 2020/2021 COL for the first
time are predominantly digital professions.
Accountant And Auditor
Systems Analysts
Software Developers
Applications Programmers
Software And Applications
Developers And Analysts Not
Elsewhere Classified
Systems Administrators
Computer Network Professionals
Mechanical Engineering
Technicians
Source: the Critical Occupations List (COL) 2020/2021
TREND OBSERVED FROM THE COL
7. Encouraging women participation in the workforce
For the enhancement of
work ecosystem that
supports women
participation in labour force
FUTURE OF
WORK
ADVOCACY FACILITATION
CAPACITY
DEVELOPMENT
• Sharing of leading
practices on Work-Life
Practices including FWAs,
Family -Friendly Facilities
toolkits/guides, insights
reports
• Advisory engagements
and workshops
• FWAs and Family-Friendly Facilities consultation
and advisory support for companies of all sectors
including SMEs
• Facilitate Income Tax (Deduction for the cost of
Implementation of Flexible Work Arrangements)
2021
TALENT
SOLUTIONS
For sustainable and quality
talent supply with focus on
retention, returnship &
leadership
• Engagements and
workshops involving
ministries, academia,
industries, women talent,
universities and schools
• Establishment of a think
tank – Women Agenda
Council of Experts (WACE)
• Career fairs
• CV reviews
• Talent-partner
matching
• Mentoring
programme
• CCP Tax Exemption
• Reskilling and
upskilling
initiatives with
collaborators
• Talent
Professional
Certification
(ProCert)
8. Work-Life Practices (WLPs)
“Making Flexible Work, Work: Towards Better and More Inclusive Work-Life Practices”
(TC-UNDP, 2021)
“Despite the disruptive nature of the pandemic
and the unpreparedness of many firms, the
Survey shows that most employers and
employees were able to make WFH work.”
8 key enablers toward a
successful FWA model:
9. Except as otherwise noted this work is licensed under the Creative Commons: Attribution-NonCommercial-NoDerivatives 4.0 International Licence (CC BY-NC-ND 4.0).
To view a copy of this license, visit creativecommons.org/licenses/by-nc-nd/4.0/
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TalentCorpMsia
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T +603 7839 7000 E info@talentcorp.com.my
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www.talentcorp.com.my
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