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Employers MUST Enroll Staff in Training Before July to AVOID Losing 15% HRDC Subsidy!
PURPOSE
Use your unused levy to fund skills development or face penalties
15% of your unused levy will be deducted if not used
Any employer with unused 2023 levy
Unused levy over RM50,000 and less than 50% used in 2023
LEVY UTILISATION
WHO IT AFFECTS
DEDUCTION CRITERIA
KEY HIGHLIGHTS
IMPLEMENTATION TIMELINE
ADDITIONAL INFO

Effective Date:
1 Jan 24
Deduction Start:
1 July 24
Grace Period:
Use your levy by
or face a 15% deduction
June 30, 2024

No Appeals: Deduction are final

New Employers: Same rules apply

One-off Deduction: As per 2024 Budget
Don't lose your training levy! Unused funds will expire, leading to missed opportunities and possible penalties.
Let's ensure your company benefits from this vital resource.
Hot Off the Press: Insights on the Training Levy

Employers Must Act Fast to Utilize HRDC Levy
Employers must utilize 15% HRDC levy subsidies by sending employees for training before the deadline in June. Failure to do so will result in the forfeiture of the subsidy. This mandate aims to encourage the effective use of funds allocated for employee development. The training can include various skill enhancement programs to better equip the workforce.

There are three main reasons why employers hesitate to invest in employee training:
1. Lack of immediate manpower,
2. Fear of turnover after training
3. Concerns about the return on investment.
Employers are advised by the government advisory to prepare timely for these challenges and explore ways to maximize training benefits.
Employers' main reasons for not trusting employee training
OUR NOTABLE PUBLIC PROGRAMS
Overcoming Training Hesitation
Boost Efficiency:
Retain Talent:
Reduce errors, increase productivity, and streamline workflows with enhanced skills
Show commitment by investing in employee growth, reducing turnover, and saving on recuitment.
Fill Staffing Gaps:
Develop a versatile team ready to handle sudden staffing changes and needs.
Act now! Our experts guide you every step to maximize your training investment.
Discover How Effective Training Can:
No worries! Browse our comprehensive catalogue for more options tailored to your needs
Protect Your Funds:
Act Now!
Take a peek at our catalogue:
Get in touch:
Find the right fit for your team.
Let's talk about how to maximize your funds.
Book a training:
Pick a date, and we'll handle the rest.
Why
Thriving Talents?
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Highlights from Our Previous Workshops & Teambuilding Events
Previous Workshops
Interactive sessions designed to enhance leadership skills, foster innovation, and develop new professional abilities
Fun and challenging outdoor activities promoting collaboration, trust, and stronger interpersonal connections.
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