Since 1 December 2007, KTMB has been required to allocate 1% of the total salary and fixed allowances paid to employees to the Human Resources Development Fund (HRDF) for training, education, and development programmes. However, the funds must be spent within 5 years from the date of payment into the fund. Table 1 shows the total funds contributed to the HRDF from 2007.
Other Challenges to Human Capital Requirements
Due to the frequent changes in technology and processes, it is sometimes difficult to meet new training requirements in a short period. In addition, training attendance can be affected by the ability to release employees for training when there are staff shortages.
Another constraint is the shortage of Subject Method Experts (SME) from within KTMB and the company is currently identifying experienced employees from various departments who will be trained as SMEs. The training will be organized at MyRA using internal trainers and also external trainers from private training providers. With more SMEs, more training and development programmes can be conducted for both KTMB and employees of other organizations.
Since 1 December 2007, KTMB has been required to allocate 1% of the total salary and fixed allowances paid to employees to the Human Resources Development Fund (HRDF) for training, education, and development programmes. However, the funds must be spent within 5 years from the date of payment into the fund. Table 1 shows the total funds contributed to the HRDF from 2007.
Other Challenges to Human Capital Requirements
Due to the frequent changes in technology and processes, it is sometimes difficult to meet new training requirements in a short period. In addition, training attendance can be affected by the ability to release employees for training when there are staff shortages.
Another constraint is the shortage of Subject Method Experts (SME) from within KTMB and the company is currently identifying experienced employees from various departments who will be trained as SMEs. The training will be organized at MyRA using internal trainers and also external trainers from private training providers. With more SMEs, more training and development programmes can be conducted for both KTMB and employees of other organizations.
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