MDEC to bolster hiring of unemployed Malaysians for digital jobs
By Digital News Asia October 28, 2021
- Enhances its hiring and training incentive, with simplified eligibility criteria
- Targets companies offering high-demand digital roles to unemployed Malaysians
The Malaysia Digital Economy Corporation (MDEC) has announced the enhancement of the MyDigitalWorkforce Work in Tech (MYWiT), a hiring and training incentive programme, to accelerate the reskilling and placement of unemployed Malaysians in digital tech and services related jobs.
Introduced under Kumpulan Wang COVID-19, the subsidy programme involves a RM100 million fund from the Ministry of Finance (MoF) to support MDEC’s #MyDigitalWorkforce Movement.
It aims to incentivise employers to hire unemployed Malaysians via training and salary subsidies, MDEC said in a statement.
“The discrepancy between the skills that are sought by employers and existing skillset possessed by the local workforce is an important issue that should be addressed if we want to be at the forefront of the digital economy.
“The effort must address talent and skills mismatch, as the incentive emphasises on developing talents through reskilling and upskilling programmes.
“The outright goal of MYWiT programme in bridging the skills gap and other issues in the local workforce is crucial as we seek to realise the goals of the Malaysia Digital Economy Blueprint (MyDigital) and the Twelfth Malaysia Plan (12MP) unveiled recently,” Mahadhir Aziz (pic, above), CEO, MDEC.
MDEC said MYWiT is targeting companies that are offering digital tech and services roles, in line with the national goal of creating 500,000 new jobs for the rakyat by 2025 as outlined in the MyDigital.
With MYWiT’s enhancement, hiring companies are eligible to apply for employment made between April 5 and April 30, encouraging more job opportunities within the digital economy, MDEC said.
In addition, MDEC said it has also simplified the eligibility criteria and processes, allowing companies to have a faster approval timeframe and greater inclusivity via less restrictive requirements as well as simplifying the incentive structure based on feedback from the industry.
MDEC said the updated incentive structure covers 40% of the employee’s monthly salary for six months (minimum salary of RM2,000) and is capped at RM2,600 per individual per month.
In addition, hiring companies are also eligible to receive up to RM5,000 for in-house training for each employed person or up to RM8,000 for training by third-party providers, it said.
Companies stand to obtain incentives worth up to RM23,600 for each person trained and employed, MDEC said.
MDEC said in order to ensure that the participants are equipped with quality training programmes, employers will be required to select training programmes that are listed on MDEC’s Digital Skills Training Directory.
Courses listed on the directory have been reviewed and endorsed by digital tech industry practitioners and are also consistent with the national Digital Tech Industry Skills Frameworks.
The Digital Skills Training Directory currently lists more than 300 courses in areas such as FinTech, data science, cybersecurity, software development, game development, animation and digital global business services, MDEC noted.
Participating employers are expected to offer a minimum 12-month employment to Malaysian citizens who are unemployed.
These may include fresh graduates, retrenched employees or those who have been unemployed for more than two months.
The incentive is eligible for a wide range of jobs that require digital tech skills as well as jobs that support digital global business services.
These include jobs such as software developer, cybersecurity analyst, data scientist, content moderation, customer experience and many more, MDEC said.
“The pandemic has put into sharp focus on the paradigm shift in the digitalisation of the economy. It is vital for the labour market to make that quantum leap and utilise all resources available to transform into digital producers and leaders.
“MDEC is cognisant of the importance of consistent digital talent creation, for the short term, aiding the economic recovery of the nation,” Dr. Sumitra Nair, chief digital skills and jobs officer, MDEC.
To apply for MYWiT incentive, please visit here.
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