The Human Resources Development Corporation (HRDC) launched the National Training Index (NTI) today, a first-of-its-kind index to measure training and development in Southeast Asia.
The NTI was developed by HRDC and will soon become the benchmark for industries and organizations to shape their learning and development programs.
The index measures the capacity of employers in Malaysia to provide training and development to their employees. It is assessed through three dimensions: firm preparedness, worker skills development, and training provider effectiveness.
The NTI Report 2022, which measured 81,706 business organizations with over 4.3 million employees from five economic sectors and 238 subsectors, showed that employers in Malaysia have a high capacity for performance in terms of training preparedness, competencies of training providers, commitment to upskilling and reskilling, and high adaptation to digital learning.
Malaysia has an overall rating of 0.70, which puts the country in the “experienced” category. This means that employers in Malaysia are generally investing in their employees and providing them with the training and development they need to succeed.
V Sivakumar, Minister of Human Resources, said that the NTI has the potential to set the gold standard for regional peers to emulate. He also said that the NTI will help his ministry formulate policies and implement initiatives to ensure that the Malaysian workforce is equipped with the relevant skills required by the global market.