TalentCorp welcomes the Government\u2019s announcement for Budget 2018, which puts special emphasis on human capital development, particularly women, and its plans toward nation building. We remain focused in developing Malaysia\u2019s talent landscape through attracting, nurturing and retaining skilled talent in the country.<\/p>\n
\u201cWe welcome the Government\u2019s announcement to introduce the National Leaders\u2019 Circle programme to be spearheaded by TalentCorp,\u201d said Shareen Shariza Dato\u2019 Abdul Ghani, Chief Executive Officer of Talent Corporation Malaysia Berhad (TalentCorp)<\/p>\n
Malaysia is not short of leadership talent, it is short of people in leadership roles. Through the National Leaders\u2019 Circle programme, we will work with Government-Linked Companies (GLCs) and Government-Linked Investment Companies (GLICs) to develop future leaders and facilitate sharing of best practices and knowledge transfer within the companies to solve national-level issues.\u00a0\u00a0<\/p>\n
The National Leaders\u2019 Circle will enhance the nurturing and retention of Malaysia\u2019s top talent to drive national economic growth for the country by 2050.<\/p>\n
\u201cWe support the announcement that 2018 is the year of Women Empowerment, as part of the Government\u2019s effort to enhance the contribution of women in the workforce.\u201d<\/p>\n
The announcement of individual income tax exemption on income earned within 12 months for women\u2019s re-entry into the workforce is in line with TalentCorp\u2019s Career Comeback Programme.\u00a0 This will be a strong contributor to the nation\u2019s Female Labour Force Participation Rate (FLFPR) target of 59 per cent by 2020.\u00a0<\/p>\n
The mandatory maternity leave for private sector to be increased from 60 to 90 days bodes well for the flexible work arrangements (FWAs) and Diversity & Inclusion agenda advocated by TalentCorp.<\/p>\n
TalentCorp is also happy to see that more is done to increase FWAs, flexible benefits, childcare centre in main offices and ease of working hours for pregnant women for GLC employees.\u00a0 Benefits of FWAs include:<\/p>\n
\u2022 Work-life integration, where employees can balance professional and personal commitments.<\/p>\n
\u2022 Provide support to parents working at home.<\/p>\n
\u2022 Motivate employees to work to their fullest capability.<\/p>\n
\u2022 Retain valuable employees; reduce tardiness and absenteeism, while keeping costs managed.<\/p>\n
There are already more than 60 companies in Malaysia that have implemented FWAs since TalentCorp launched its FWAs efforts.\u00a0<\/p>\n
\u201cWe will continue working closely with employers on offering FWAs as a key strategy to attract and retain talent in the workforce.\u00a0 We are positive that Budget 2018 is a progressive undertaking that will help in TalentCorp\u2019s efforts to prepare the nation for the future of work.\u201d<\/p>\n
\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"
TalentCorp welcomes the Government\u2019s announcement for Budget 2018, which puts special emphasis on human capital development, particularly women, and its plans toward nation building. We remain focused in developing Malaysia\u2019s talent landscape through attracting, nurturing and retaining skilled talent in the country. \u201cWe welcome the Government\u2019s announcement to introduce the National Leaders\u2019 Circle programme to […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[],"class_list":["post-1235","post","type-post","status-publish","format-standard","hentry","category-general"],"_links":{"self":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/1235","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/comments?post=1235"}],"version-history":[{"count":1,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/1235\/revisions"}],"predecessor-version":[{"id":5108,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/posts\/1235\/revisions\/5108"}],"wp:attachment":[{"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/media?parent=1235"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/categories?post=1235"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/malaysian-business.com\/portal\/wp-json\/wp\/v2\/tags?post=1235"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}