Talent & Tech Asia Summit 2024
Employers that are offering the most internships in Malaysia in 2023

Employers that are offering the most internships in Malaysia in 2023

PETRONAS, PwC Malaysia, Pentamaster Technology, KPMG Malaysia, Ambank, and more were recognised at the 11th anniversary of the National Structured Internship Programme (MySIP) by TalentCorp.

Talent Corporation Malaysia Berhad (TalentCorp) has marked the 11th anniversary of the National Structured Internship Programme (MySIP), with an event featuring Deputy Minister of Human Resources YB Datuk Ts. Mustapha Sakmud, and a discussion around the importance of developing the Malaysian talent pool. 

In a statement shared with Human Resources Online, Talent Corp has noted an increase in demand for industrial training placements, with over 277,000 students, or nearly 2% of Malaysia’s labour market required to undergo internship training yearly.

As such, the MySIP Appreciation Award on 23 November 2023 recognised employers and higher learning institution partners who exercised the benefits of MySIP in improving graduate employability, which has expanded to include Technical and Vocational Education and Training (TVET) students.

Here are some of the highlights of the awardees:

  • Highest number of vacancy posts on mynext: KPMG Malaysia, Celestica Malaysia, iFAST Service Centre
  • New companies with the highest internship placements offered: Ambank (M), Contacthings Automation, Dynasun
  • Highest internships offered: Petroliam Nasional (PETRONAS), Ernst & Young (EY), KPMG Malaysia, Inari Amertron, PWC

Delivering the welcome remarks at the event, Thomas Mathew, Group CEO of TalentCorp, brought out key trends in Malaysia's employment landscape, saying: "Youth unemployment and underemployment remain key challenges in the country. Yet employers say that they are unable to hire the talents they need, triggering an urgent need to deep dive into the root causes of the issue.

"Because if left unchecked, the disconnect between our youth and the elements required to drive the country’s growth, will continue to widen."

He added: "Without the right human capital policies and the right kind of talents, we risk falling behind our neighbouring countries who are only too happy to fill the gaps to welcome global investors and the growth that they bring."

As such, he pointed to the role of internships, such as National Structured Internship Programme or My-S-I-P, in narrowing the unemployment gap. "It allows them to enhance their skills, gain valuable experience, and showcase their abilities to employers, thereby positively impacting businesses seeking entry-level talent. Structured internships also teach students new ways of approaching their work," he noted.

Deputy Minister of Human Resources YB Datuk Ts. Mustapha Sakmud, who made a keynote address at the function, noted that it's important to not focus too much on why there is a job or talent mismatch as an issue, but instead look at what the entire ecosystem can do together – from the Government to industry and academia, and the general public, to make sure that Malaysian talent, especially the youth, are ready for work and ready for industry.

Citing the introduction of the MADANI Economy programmes, he added: "In order to make MADANI Economy a reality, we need to adopt a whole-of-nation approach. This means, we need the participation and support of stakeholders, including industry and academia, to work together so that all Malaysians can enjoy a better quality of life."

Going forward, he noted the Ministry of Human Resources will continue to prioritise skills development, where TVET is considered a game changer in setting Malaysia on a course for a sustainable and inclusive future in building future talent and the creation of high skilled jobs toward high-income nation.

"Through the announcement of Budget 2024 by our Prime Minister, the Government has allocated a total of RM6.8bn to empower the TVET field across 12 ministries," he added.

ALSO READ: Silverlake Axis establishes sponsorship programme to foster Malaysia’s young tech talent pool

Lead image / Provided by TalentCorp [caption: YB Datuk Ts. Mustapha Sakmud, Deputy Minister of Human Resources, together with Thomas Mathew, TalentCorp Group Chief Executive Officer presenting the Highest Internship Allowance Paid Award to the representative from Crowe Malaysia at the MySIP Appreciation Awards.]

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