The Employers Mandate Are you ready to take charge? Kuala Lumpur 4 - PowerPoint PPT Presentation

The Employer’s Mandate Are you ready to take charge? Kuala Lumpur 4 Aug | Johor Bahru 13 Aug | Penang 14 Sep | Kuala Lumpur 29 Sep 1

Mission Statement Build effective partnerships and make a difference in addressing Malaysia’s talent needs to enable the country to reach its aspiration of a high-income nation Acting as a focal point to understand talent 1 issues and develop solutions Bridging Industry and Government to 2 enhance talent-related policies Building public-private collaborations to 3 attract, nurture and retain talent Implementing catalyst initiatives targeted 4 at critical skill gaps

Talent Corporation ProgrammeOverview WORKING WITH YOU TO MEET MALAYSIA’S TALENT NEEDS

Returning Expert Programme(REP) Applicant doesn’t have to be physically present for the BENEFITS “Surat Akuan Tarikh Kembali ” Now... companies may Optional 15% flat tax rate on chargeable apply on behalf of employment income for a period of five eligible candidates (5) years continuously with the fast-track application Tax exemption for all personal effects * FACILITATING brought into Malaysia, limited to one RETURN (1) shipment *Personal effects don’t encompass motorised vehicles RETURNING EXPERT One (1) locally manufactured Complete Knocked PROGRAMME Down (CKD) or fully imported Complete Built Up (CBU) car per successful application exempted from duty/taxes up to maximum of RM150k worth of duty /tax MORE THAN 3,100 The foreign spouse and children will be eligible for Permanent Resident (PR) status within APPROVED six (6) months upon receipt of their complete PR FROM 2011 application form by the Immigration Department TO 2014 of Malaysia Learn more about REP at rep.talentcorp.com.my

Structured Internship Programme (SIP) A collaborative effort between TalentCorp and MOE (previously MOHE) to encourage a meaningful internship experience relevant to industries Eligibility criteria to apply : 1. 2. 3. 4. 5. Internship Offer internship of Provide monthly Framework of Enhance experience for min 10 weeks allowance of clearly defined employability skill Malaysian students RM500 or more learning outcomes pursuing diploma and degree on full time basis in local campuses After TalentCorp’s endorsement Company is eligible for double tax deduction for the following expenses incurred: • RM500 monthly allowance and/or cash equivalent • Meal, transportation & accommodation allowance* 12,000 SIP • Training courses* Payment to 3 rd party administering internship INTERNSHIP PLACES • ENDORSED programme* ANNUALLY * Limited to max total expenses of RM5,000 per student per year of assessment. 5

Structured Internship Programme (SIP) Cost per intern in a month: Assume Double Tax Deduction 6 months Without With internship for RM RM 100 interns Allowance 1,000 1,000 Tax deduction (tax rate:25%) (250) (500) RM 150,000 Cost net of tax 750 500 Savings 250 Total Savings Double Tax Deduction Paying Without With RM500 allowance with incentive RM RM ll Allowance 333 500 RM333 allowance without tax Tax deduction (tax rate:25%) (83) (250) incentive Cost net of tax 250 250 6

Talent ProCertification O B J E C T I V E S Support Government’s effort to strengthen human capital development Encourage non-HRDF contributing companies to enhance skills, knowledge and qualifications of employees Expenses eligible for double tax deduction : • Course fees • Exam fees • Exemption fees Examples of Industry & Professional Qualifications (approved by Ministry of Finance) : Shared Services & Outsourcing (SSO) : Certified Outsourcing Professional (COP) Accounting & Finance : ACCA, CPA Australia, CIMA, ICAEW, MICPA Human Resources : AHRI, CIPD, MIHRM, SHRM Project Management : PMP ICT : CISCO, SAP And more...

Career Comeback Grants Career Comeback Grant is designed to encourage employers to recruit and retain women on career breaks for more than six (6) months , via any channels of recruitment. A “woman returnee” = Malaysian woman, with min 1 year working experience , who return to workforce from a career break after at least six (6) months due to reasons related to family commitments, work-life balance, personal growth or compulsory exit Resourcing Grant Retention Grant Implement or enhance a programme or Successful recruitment and retention of campaign to recruit women returnees. women returnees for more than 6 months . The grant offers co-funding of 75% of The grant amount is equivalent to a returnee’s one month salary. The grant is up the cost incurred to run the programme up to a maximum of RM100,000 . to a maximum of RM100,000 . Women returnee(s) must be hired between Start date of programme must be between 1 January 2015 – 31 December 2015 1 January 2015 – 31 December 2015 maximum of RM200,000 per company . 8

THANK YOU Facebook.com/TalentCorpMsia @TalentCorpMsia w w w . t a l e n t c o r p . c o m . m y

Facilitating Foreign Talent WORKING WITH YOU TO MEET MALAYSIA’S TALENT NEEDS

R esidence Pass - Talent BENEFITS 10-years Pass for highly qualified expatriates to continue to reside and RETENTION work in Malaysia RESIDENCE PASS-TALENT Ability to live and work in Malaysia for up to 10 YEARS Flexibility to change employers without having to renew the pass Spouse and dependents under 18 years MORE THAN of age are eligible for the Residence Facilitating 3,000 Pass-Talent dependent top expatriate APPROVED talent & spouses FROM 2011 to work in Spouse can seek employment TO 2014 Malaysia without the need to apply for an Employment Pass To learn more, please visit http://www.talentcorp.com.my/our-work/initiatives/residence-pass-talent

Ex pa t ria t e Se rvic e s D ivis ion (ESD) Creating a single point of contact for EASE OF all expatriate related APPLICATION passes and permits Employment EMPLOYMENT Pass PASS DIVISION Residence Social Pass-Talent Visit Pass Dependent Pass PREVIOUS Professional Employment SET-UP IN EXPATRIATE Visit Pass Pass IMMIGRATION SERVICES Visit Pass DEPARTMENT (Temporary DIVISION Employment) VISA, PASS for Maid & PERMIT DIVISION FOREIGN Residence Dependent Pass WORKER Pass-Talent DIVISION Social Visit Pass Professional Visit Pass (Temporary Visit Pass Employment) TRANSFORMATION Client Charter: for Maid - 14 working days for company registration - 5 working days for PRODUCT CENTRIC CUSTOMER CENTRIC expatriate application ESD website https://esd.imi.gov.my/esd/portal/en/

Malaysia Expatriate Talent Service Centre Overseen by Joint initiative the Ministry between of Home TalentCorp and Affairs the Immigration Department of Process and issue Malaysia Employment Passes for expatriates , including Dependant Operational in 1 July 2015 @ Passess and Long Term Surian Tower, Mutiara Social Visit Passes . Online Damansara application at esd.imi.gov.my Expatr tria iate te Servi vices ces Divisio ion (ESD) SD) Company registration Expatriate application (14 working days) (5 working days) Evaluates expatriates for Evaluates employers for compliance, suitability of jobs risks and needs To learn more ,visit http://www.talentcorp.com.my/our-work/initiatives/myexpats-centre

01 02 03 joint initiative policy custodian data sharing MOHA to ensure MYXpats implementation is inline with the current policy Ensuring enhanced Collaboration and secure through JWC-E immigration since 2012 Consistency with services new developments of expatriate facilitation in Malaysia BY GOVERNMENT . WITH GOVERNMENT . FOR GOVERNMENT

Fully Managed By The Government CUSTODIAN OF IMMIGRATION POLICY The Ministry of Home Affairs will ensure that the rollout and implementation of MYXpats Centre’s services is consistent with new developments of expatriate facilitation in Malaysia It is a joint initiative between TalentCorp and the Immigration Department of Malaysia , and is overseen INTEGRATING ASSETS & RESOURCES by the Ministry of Home Affairs The Inland Revenue Board of Malaysia (LHDN) and the Companies Commission of Malaysia (SSM), MYXpats Centre brings a new level of collaboration between government agencies to ensure enhanced and secure immigration services

MYXpats Centre – Current Available Services EPI EPII DP • Application for EPIII RELEVANT PASSES • Seek assistance during the DOCUMENT SUBMISSION process SVP • COLLECT endorsed VP immigration passes (TE)

MYXpats Centre’s – How It Works PASS APPLICATION & SUBMISSION CREATE SUBMIT NOTIFICATION CLEARANCE APPLICATION APPLICATION o Fill in the required o o Submit completed Status notification will o Verification and information applicants application. be sent via the system validation of the o Fill positions by o o Notification via the Approved expatriates submitted selecting through the system will be sent to may proceed to the information by lists at “Position you upon receiving next stage for passport MYXpats Centre Setup” your application endorsement o Upload all documents as required 1 2 3 4

MYXpats Centre’s Process Flow PASS ENDORSEMENT & COLLECTION Payment Approval Letter Endorsement Collection available online Payment for Documents required Endorsed during endorsement for download. applicable fees passport(s) can – Original passport, Applicable fees can be made at be collected copy of approval will also be the MYXpats within 3 working letter, payment advised online Centre counter days receipt 1 2 3 4