In the fast-changing business environment of today, ongoing employee development is essential to ensure a competitive advantage. The Human Resource Development Fund (HRDF) provides an important channel for Malaysian companies to develop their employees' skills via HRDF Training programs. These training programs, especially those that are HRDF Claimable, offer financial support to employers, which makes training more affordable and accessible.
HRDF Training are formal programs intended for retraining and upskilling staff to respond to today's business needs. The trainings are planned in such a way that they can be of direct use to the business, allowing the learned skills to be applied directly at work. Employers who are enrolled with the Human Resource Development Corporation (HRD Corp) can submit an application for financial aid to organize these trainings as long as they qualify with certain eligibility.
Financial Assistance: Employers are eligible for funding of in-house and public training sessions that are at least four hours long. The assistance is provided for different claimable expenses such as meal allowance, training aids, venue, and transport.
Tailored Training Solutions: Training organizations such as TED Learning provide customized programs that suit an organization's particular needs so that the training is applicable and effective.
Expertise and Support: With experienced trainers on board, providers like TED Learning guarantee qualitative training delivery. They also guide organizations through every step of the HRDF claim process, eliminating administrative hassles.
Employer Registration: Organizations should register with Pembangunan Sumber Manusia Berhad (PSMB) either under the Companies Commission of Malaysia (SSM) or the Registrar of Society (ROS). Eligible organizations are Berhad (Bhd.), Sendirian Berhad (Sdn. Bhd.), Limited Liability Partnerships (LLP), sole proprietorship, associations, and government or semi-government organizations.
Malaysian Citizenship: Trainees should be Malaysian citizens to be eligible for the training grants.
Application Submission: Employers have to submit training grant applications through the e-TRiS system, along with documents like quotations, training timetables, course materials, and trainer resumes.
Investing in HRDF Training is a strategic initiative for today's businesses to improve their employees' capacities. By utilizing HRDF Claimable courses, companies are able to equip their staff with needed skills while enjoying financial assistance, thus encouraging development and sustaining competitiveness in business.