Specifically, the HRD Corp Claimable Course is a specific program designed to assist businesses in retraining and upskilling their personnel in order to meet the operational and business objectives of their organizations.
HRD Corporation Assistance:
- Providing funding for in-house or public training sessions that last a minimum of four (4) hours
- Other expenses that can be claimed include:
- Allowance for meals
- Allowance on a daily basis
- Training Materials That Are Consumable
- A hotel rental package OR a training facility rental
- Ticket for air travel OR ground transportation
*For information on additional charges, please see the Allowable Cost Matrix.
*HRD Corp reserves the right to seek additional relevant papers if it deems them required for verification or confirmation.
DOWNLOAD : Employers’ Circular No. 3/2020, entitled “Amendment of the Terms and Conditions for Financial Assistance,” was issued on March 3, 2020.
HRC CORP CLAIMABLE COURSES REQUIREMENTS
- For the purpose of alleviating the employer’s burden, the employer is not required to pay training expenses to the training provider.
- Certification program or obligatory Industrial Base: There is no limit to the number of trainees and fees that can be charged.
- Please refer to the Allowable Cost Matrix for further charges.
- Employers are required to submit an application prior to the start of the training session.
Please call – direct line: +6 010 220 6800
NOTE: Training programs must begin no later than six (6) months after the date on which training grant applications are submitted, and training claim submissions must be filed no later than six (6) months after the date on which the training programmes are completed, as of the first day of August, 2019.
What is the Human Resource Development Fund (HRDF) and what is its purpose?
A Quick Overview of the Human Resources Development Fund
The Human Resources Development Fund was formed by the Malaysian government in 1992 as part of an initiative under the Human Resources Development Act 1992. The PSMB Act (2001), also known as the Pembangunan Sumber Manusia Berhad Act (2001), provided legal assistance, which encouraged the establishment of the fund.
The establishment of the HRDF
The fund was established by the legislators in order to stimulate and raise the general public through skillful growth. First and foremost, the Department of Human Resources Development imposes a variety of fees and taxes. Employers in various industries, such as the service and manufacturing sectors, are required to pay levies to the fund, which generates revenue for the fund. Finally, the pooling of these resources has been completed, and the fund has been named the Human Resources Development Fund (HRDF).
The Aim and the Objective The Human Resources Development Fund (HRDF) is the driving force behind the HRDF.
For the record, the HRDF was established by lawmakers in order to further the cause of uplift and empowerment among the underprivileged. As an example, consider the following:
- Its primary goal is to increase the effectiveness of human resources in general.
- It aspires to improve the overall quality of human capital.
- It assists the employees in obtaining world-class training and developing their abilities with the support of the HRDF claim.
- Furthermore, this support goes far beyond monetary contributions and is clearly a revolution in itself.
- Malaysia’s economy will surely benefit from having a highly competent and well-trained workforce on its side.
- Most significantly, it will establish the groundwork for a prosperous economy with high incomes in the future.
- Aside from the benefits of innovation, the economy will benefit from a foundation built on the virtues of knowledge.
- Not only would this assist Malaysia in exerting its influence in ASEAN, but it will also assist Malaysia in exerting its influence in the world economy.
Concerning the HRDF Claim, what should be done?
There are numerous schemes associated with the HRDF claim. But do you know how to put these assertions to good use? The Skim Bantuan Latihan is the primary scheme that falls under this umbrella idea. First and foremost, under the plan, companies are given the freedom to determine the training needs of their respective industries. Employers can use this information to determine whether or not their employees require skill competency training.
Second, the business can put in place training to help employees improve their abilities. Training must be provided by the employer in order for employees to achieve skill competency. Most significantly, personnel must achieve skill competency in areas that correspond to their operational and business profiles as soon as possible.
What do you need to know about the Human Resources Development Fund?
HRDF has courses that can be claimed, allowing you to concentrate completely on your training. The training and courses are hassle-free, which means that you will be under very little pressure. The classes are quite beneficial and impart a great deal of knowledge. It is a fantastic learning experience that also helps with day-to-day tasks.