Malaysia is en route to becoming a high-income nation and with the impact of the COVID-19 pandemic that led to economic uncertainty, and an unprecedented pace of growth in technology, many businesses have begun to rethink their recruitment approaches to remain competitive and succeed in today’s fast-evolving world.
With this new shift, many contingent workers who are highly skilled and specialised in specific areas are increasingly seen to be converted as part of the full-time mainstream workforce instead of secondary workers.
According to TalentCorp’s report “Visioning Malaysia’s Future Of Work: A Framework For Action”, based on the talent landscape in Malaysia today, the country can create a future-ready workforce that is both locally relevant and globally competitive while becoming a global talent hub.
Awantec’s strategic partnership with HRD Corporation is timely as both parties are committed to support the national aspiration of increasing the number of local skilled workforce in tandem with the overarching aim of becoming a developed nation and a high income economy. Based on the study conducted by HRD Corporation, it saw the number of employees trained surge to 879,000 in 2022 from 348,724 in 2021, and the amount of employer levy collected grew to RM1.811 billion last year, an increase of 113.6% from the previous year. The organisation is also aiming to train up to 1 million Malaysian workers in the next five years for digital-related jobs. This is important, given that the digital economy currently contributes over 22.6% to Malaysian GDP and is expected to grow at a compound annual growth rate (CAGR) of 7.59% per year for the next three years.
Awantec, Malaysia’s catalyst of digital transformation believes in the confluence between talent and technology, which is the company’s core DNA, is confident that through its products and services, it can empower Malaysians to train, grow and sustain careers in high-value digital economic jobs in cybersecurity, AI, FinTech, IR4.0 and more. By partnering with HRD Corporation via their e-learning platform allows Awantec to offer its training courses and at the same time help Malaysian talents to embrace learning and development opportunities within the digital economic landscape.
Working hand-in-hand with world leading training providers such as Skillsoft, organisations can now upskill their employees using their existing levy contribution, leading to increased productivity and competitiveness. Courses ranging from leadership and personal development,cyber security, etc are vital for the workforce to keep pace with the rapid changes in technological advancement and industry demands.
If you are an organisation that is looking to empower and upskill your workforce, contact us at learningsales@awantec.my to start a conversation.