How to Invest Your Mandatory Contributions into Upskilling Your Team
Did you know Malaysian employers can reclaim up to RM10,000 per employee annually through HRD Corp’s training levy? With 90% of levy funds going unclaimed, this guide shows how to transform your mandatory 1% payroll contribution into competitive advantage.
What is HRD Corp?
- Purpose: A government agency under MoHR driving workforce upskilling via the Human Resources Development Fund (HRDF)
- Who Pays: Private sector employers with 10+ Malaysian staff (5+ for manufacturing)
- Levy Rate: 1% of monthly wages (capped at RM2,500/employee/year)
Pro Tip: Use the HRD Corp Levy Calculator to estimate your annual contribution.
Why Claim Your HRD Corp Levy?
- Cost Savings
- Offset 70-100% of training costs
- Example: Your “Excel Intermediate Training” (RM3,500/pax) could be fully claimable
- ESG Alignment
- Supports Bursa Malaysia’s Workplace Learning indicators
- Boosts employer branding for talent retention
- Future-Proofing
- Address skills gaps in digital, green jobs, and IR4.0
How Our Programs Help You Claim HRD Corp levy
All TIB Consultancy’s courses are HRDC-approved, including:
✅ “First-Time Manager: Leading with Confidence”
✅ “E-Invoicing Compliance Masterclass”
✅ “Mental Resilience Team Camp”
Simple Claim Process:
- Check your levy balance via HRD Corp Portal
- Register staff for our approved programs
- We handle documentation – you get reimbursed within 14 working days
- Check on Our Blog “How to Claim HRDC for Corporate Wellness Programs (2024 Guide) | Malaysia“
2024 Levy Updates
- Newly claimable costs:
- Training equipment (up to RM5k/year)
- Foreign expert speaker fees
- Expanded eligible sectors:
- Gig economy platforms
- Professional firms (law, accounting)
“Leftover levy funds expire December 31st!”
[Book a Free Levy Consultation]
[Download Claimable Courses List]
FAQ Section:
“Can we claim for past trainings?”
Yes! Retroactive claims allowed for programs completed within 6 months.
“What if our levy is insufficient?”
Apply for additional grants like PENJANA HRDEC.
