Akta Pembangunan Sumber Manusia Berhad 2001 (Akta 612) (Hingga 20hb Mei 2014)

Detailed Contents Of Akta Pembangunan Sumber Manusia Berhad 2001 (Akta 612) :

The Human Resources Development Act 2001 (Act 612) was enacted in Malaysia to promote the development of human resources in the country. The act is aimed at improving the quality and productivity of the workforce, and ensuring that Malaysian businesses are competitive in the global marketplace.

The act establishes the Human Resources Development Fund (HRDF), which is managed by the Ministry of Human Resources. The HRDF is funded by contributions from employers, and is used to provide training and development programs for employees.

Under the act, employers who have registered with the HRDF are required to contribute a percentage of their employees' monthly salaries to the fund. The percentage of the contribution is determined by the Minister of Human Resources, and may vary depending on the size and nature of the employer's business.

Employers who contribute to the HRDF are eligible to receive grants to fund their employees' training and development programs. These grants can be used to cover the costs of training programs, including tuition fees, course materials, and other related expenses.

The act also establishes the Pembangunan Sumber Manusia Berhad (PSMB), which is responsible for implementing the HRDF and promoting the development of human resources in Malaysia. The PSMB is managed by a board of directors appointed by the Minister of Human Resources.

In addition to providing training and development programs, the act also requires employers to maintain a record of their employees' training and development activities. Employers are required to submit this information to the HRDF on a regular basis, and failure to do so may result in penalties.

The act also includes provisions for the establishment of industry training committees, which are responsible for identifying the training needs of specific industries and developing training programs to meet those needs.

Overall, the Human Resources Development Act 2001 is an important piece of legislation aimed at promoting the development of human resources in Malaysia. By providing funding for training and development programs, and requiring employers to maintain records of their employees' training activities, the act helps to ensure that Malaysian businesses are competitive in the global marketplace and that the country's workforce is equipped with the skills and knowledge needed to succeed in the 21st century.