How many TVET graduates will receive the incentive?

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17,000 TVET Graduates to Receive Salary Incentives

A total of 17,000 Technical and Vocational Education Training (TVET) graduates are set to benefit from a new incentive programme designed to encourage private sector employers to increase wages for new hires. Under this initiative, these graduates will receive an additional RM600 per month for a period of three months, provided on top of their regular wages. This programme is part of a broader effort to support the employment of young talent entering the workforce.
Salary Top-Up for TVET Graduates

The incentive specifically targets TVET graduates, aiming to bridge the gap between their education and the demands of the job market. Each of the 17,000 participating graduates will have their monthly salary supplemented by RM600 for three months. This financial boost is intended to make employment more attractive for these individuals and encourage employers to offer competitive compensation packages.
Funding Allocation for the Incentive

The government has allocated RM45 million to fund this specific incentive for TVET graduates. This financial commitment underscores the programme's significance in the government's strategy to enhance the employability and earning potential of skilled vocational graduates. The funding will be administered through the Social Security Organisation (Socso).
Broader Employer Incentives by Socso

Beyond the TVET graduate initiative, Socso will also be providing incentives for employers who hire individuals from vulnerable groups. These groups include people with disabilities (OKU), former convicts, the homeless, and the hardcore unemployed. Similar to the TVET incentive, employers hiring from these categories can receive up to RM600 per month for each employee hired, for a duration of up to three months.

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How many TVET graduates will receive the incentive?

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