The government is introducing a new initiative called [email protected] (#MalaysiaKerja). The initiative is aimed at providing better job opportunities for youth and women, as well as reducing over-dependency on foreign labour for lower-skilled jobs.
[email protected] is divided into four separate programmes based on their intended target groups – graduates, women, locals, and apprentices. With the exception of the scheme for apprentices, all of the [email protected] initiatives will be managed by the Employees Provident Fund (EPF). Thus, the incentives offered will be entered into each employee’s EPF account each month.
Aimed at encouraging more youth to enter TVET courses.
Trainees on apprenticeships will receive an additional RM100 per month on the existing allowance.
Companies participating in the Skim Latihan Dual Nasional (SLDN) will get a double tax deduction on expenses incurred for another 2 years.
The double tax deduction currently given to companies undertaking Structured Internship Programmes (SIP) approved by TalentCorp will be expanded to include students from all academic fields, not just engineering and technology.
The government believes that [email protected] will enable unemployed Malaysians to gain the necessary skills and capabilities with on-the-job training and increase the overall employment retention rate. The programme will cost RM6.5 billion over 5 years and is expected to create an additional 350,000 jobs for Malaysians, as well as reduce foreign workers dependency by more than 130,000 workers.