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OECD Southeast Asian Regional Policy Network
on Education and Skills
24 November 2021
TalentCorp’s Role in Addressing
National Talent Needs
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
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
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
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
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
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)
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:
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/
TalentCorpMsia Talent Corporation Malaysia Berhad
TalentCorpMsia
Level 6, Surian Tower, No. 1 Jalan PJU 7/3, Mutiara Damansara, 47810 Petaling Jaya, Selangor, Malaysia
T +603 7839 7000 E info@talentcorp.com.my
THANK YOU
www.talentcorp.com.my
TalentCorpMsia

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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/ TalentCorpMsia Talent Corporation Malaysia Berhad TalentCorpMsia Level 6, Surian Tower, No. 1 Jalan PJU 7/3, Mutiara Damansara, 47810 Petaling Jaya, Selangor, Malaysia T +603 7839 7000 E info@talentcorp.com.my THANK YOU www.talentcorp.com.my TalentCorpMsia