The Department of Statistics Malaysia’s recent data reveals that the female labour force participation rate stood at a mere 56.2 per cent in the second quarter of 2023 as compared to 82.8 per cent male labour force participation rate, demonstrating the gender disparity within the Malaysian workforce.
In response to the continuing gender imbalance, TalentCorp is taking a proactive position by organising the Women Career Convention (WCC) 2023, which was held on 21 October 2023. The WCC strives to empower women to achieve their professional goals while creating a workplace that values diversity and inclusion.
Thomas Mathew, TalentCorp’s Group CEO, said, “We are dedicated to achieving a female labour force participation rate of 60 per cent, aligning with the 12th Malaysia Plan and the recent 2024 Budget announcement, as well as the Malaysian Environmental, Social, and Governance (ESG) goals for 2030. To support this, we are encouraging more women participation in the workforce via the Career Comeback Programme (CCP), which has received an extension to its tax incentive until 2027 for women who return to work after a career break.”
“The second edition of the WCC 2023 goes beyond encouraging women to return to the workforce, it also aims to support senior talent who can make substantial contributions to the economy,” he added.
The event was participated by more than 400 physical attendees and more than 800 virtual participants, featuring women, senior citizens, and experienced professionals from diverse backgrounds. This gathering serves as a reminder of their pivotal role in the nation’s economic growth and prosperity. It reinforces the idea that every woman has the potential for success and equal opportunities in their career choices.
The WCC 2023 has facilitated interactions with more than 60 employers offering over 400 vacant positions, providing a significant platform for job seekers amongst women and senior citizens.
Tehmina Kaoosji, Anchor for Astro Awani and also Partner and Communications Director of The Big Picture (TBP) Sdn Bhd, commended TalentCorp’s efforts. “The event provides opportunities and a range of activities aimed at closing the gender gap in the workforce while boosting women’s confidence to contribute to the country’s economy.”
WCC 2023 participant, Sarah Seth, a former engineer, shared her experience, “This is the second seminar, and throughout the programme with TalentCorp, I have gained valuable insights, from resume rewriting to enhancing my professional appearance. The strategies provided have equipped me for a successful return to the workforce.”
The Women Career Convention 2023 is poised to make significant strides toward fostering gender equality and empowering women in the workplace.