Paid & Structured Internship Incentives
For providing quality internships
Paid & Structured Internship Incentives
Interested to apply for internship offered by MySIP company? Come and apply now!
MySIP internship will provide you with a structured internship experience with MySIP-endorsed companies.
You are guaranteed to receive a minimum allowance of RM500 (or more!) from a MySIP company and will have an opportunity to obtain upskilling training during your internship.
If you want to experience a meaningful internship programme, then this opportunity is for you.
Looking for an internship close to home? Interested in SMEs or dynamic Start-Ups?
Secure a minimum allowance of RM500 (or more) with LiKES Company — LiKES is an incentive designed to support SMEs and Start-Ups in offering paid, structured internships.
ELIGIBILITY
If you fulfil all of the following criteria, you can apply for MySIP Internship @ mynext Talent.
- Malaysian Citizen currently studying on full-time basis at a recognised institution in Malaysia or abroad
- Pursuing a qualified course programme of either master’s degree, bachelor’s degree, diploma, professional certificate, Malaysian Skills Certificate (SKM) Level 1 to Level 3, Diploma Kemahiran Malaysia (DKM), Advanced Skill Diploma (DLKM) or equivalent under TVET programmes
- The internship is offered and conducted in Malaysia
- Complete the approved internship before the completion of the qualified course programme
- Sign up and complete the mynext Profiling Suite at mynext Talent at www.mynext.my and apply for your desired internship
MALAYSIAN STUDENTS: If you are looking for an internship offered by a MySIP company, sign up at mynext Talent at www.mynext.my. The list of internship opportunities will appear once you complete the mynext Profiling Suite assessment.
Don't miss out this chance to undergo a meaningful internship experience offered by a MySIP company. Apply now!
Highlights
Participating Companies
1) List of MySIP Endorsed Company 2023
2) List of LiKES Endorsed Company 2024
Be a MySIP Company! Contact us.
sip@talentcorp.com.my / sip.team@talentcorp.com.my
FREQUENTLY ASKED QUESTIONS – STUDENT
How to apply?
Step 1: Visit www.mynext.my and choose mynext Talent
Step 2: Sign up and complete the About Me section in the mynext portal
Step 3: Complete the Profiling Suite assessment in the mynext portal
Step 4: Graduate can apply for internship in the mynext portal.
Step 2: Sign up and complete the About Me section in the mynext portal
Step 3: Complete the Profiling Suite assessment in the mynext portal
Step 4: Graduate can apply for internship in the mynext portal.
Will I receive an allowance during my internship under MySIP?
Yes. The company will pay a minimum monthly allowance of RM600 for Master’s Degree, Bachelor’s degree and Professional Certificate or equivalent, and a minimum monthly allowance of RM500 for diploma/Malaysian Skills Certificate (SKM) Level 1 to Level 5 or equivalent.
What is the difference between general internship and MySIP internship?
MySIP internship guarantees that you will receive a minimum allowance. At the same time, the MySIP companies have internship programmes that are structured to make sure that you will gain real work experience, the framework of which has been reviewed and approved by TalentCorp. You will also stand to attend upskilling training during your internship. While for general internship is the internship offered but not meeting MySIP criteria which you will not be benefiting MySIP perks.
How do I know if I am eligible for MySIP Initiative?
You need to receive an internship placement offer from a MySIP company. Kindly refer to the details of student eligibility stated on the Graduate page.
How can I be part MySIP?
There are two ways to be part of MySIP
Via mynext Talent application
Via mynext Talent application
- Sign up at mynext Talent at www.mynext.my
- Complete the profiling assessment in the mynext portal (https://www.mynext.my/)
- Apply for internship on the same dashboard
- Check the listing of MySIP company on TalentCorp website
- Send your internship application
- Get hired and enjoy MySIP benefits
What is the benefit that I can get from MySIP?
- Gain the right professional experience and working skills
- Career path exploration and opportunity to receive job offers upon internship completion
- Guaranteed minimum allowance
- Opportunity for upskilling training during internship
FREQUENTLY ASKED QUESTIONS – FOR EMPLOYERS & PARTNERS
How to register your company?
You have two (2) options to register as a MySIP company
Option 1: You will need interns to apply to your posting and you are willing to invest in relevant advertisement on mynext
Option 2: You have existing interns in your company, and you are seeking for facilitation to be a MySIP company
Both options will give you the endorsement for MySIP 2022 which giving you the eligibility to claim for the double tax deduction benefit.
Contact us at sip@talentcorp.com.my. We will assist you with the process.
What are the requirements to be MySIP company?
- Provide a minimum internship period of 10 weeks
- Pay a minimum monthly allowance of RM600 for Master’s Degree, Bachelor’s degree and Professional Certificate or equivalent
- Pay a minimum monthly allowance of RM500 for diploma/Malaysian Skills Certificate (SKM) Level 1 to Level 5 or equivalent
- Provide an internship framework that include practical experience and emphasises the development of specific knowledge or skills for students and approved by TalentCorp
- Registered with Companies Commission of Malaysia (SSM) or recognized entities
Is there any charges to apply for MySIP company?
TalentCorp is given a mandate to facilitate MySIP company registration and endorsement based on the gazette received from the Ministry of Finance. As such, there are no charges to apply to be a MySIP company.
Additional charges will only apply if you decide to advertise on the mynext platform in search of interns. Please refer to www.mynext.my for more information.
What are the benefits of MySIP?
MySIP companies will receive the following benefits:
- Be eligible to claim for Double Tax Deduction from the Inland Revenue Board (LHDN) on expenses occurred during internship such as allowances, logistics, data and communication and training.
- Employers can create and groom their talent funnel for their companies.