Minister of Human Resources Steven Sim Chee Keong announced the allocation of RM6.8 billion in Budget 2024 to enhance local workforce productivity through skills training programs, particularly in TVET. He emphasized the importance of bridging the gap between business costs and worker welfare by increasing productivity.
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Steven Sim on TVET
The government’s focus on TVET aims to uplift workers’ skills, leading to higher salaries and benefits for both employees and employers. This initiative aligns with the government’s broader goal of boosting median wages and employee compensation, as outlined in the Progressive Wage Policy White Paper amid pandemic challenges.
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