Investment in our people is the key to our continued success and delivery of strategic advantage locally and globally. Our Employee Value Proposition articulates our commitments in:
21,418 employees in 2018
Investment in our people is the key to our continued success locally and globally. The recruitment and retention of qualified and experienced personnel is critical to achieving the Group’s strategic objectives. We continue to work with local communities in markets where we operate, and leverage training, retention schemes, scholarships as well as alternative sources for hire to sustain growth. Our talent management programmes also help to create a pool of potential successors for key positions.
Our training development plan and performance management system work in tandem to support the career progression of our employees. The Group provides employees with various opportunities for career progression. As an engineering company, employees may move up the general management track, or along the engineering specialist path. The two distinct career tracks provide room for career growth for employees with different aspirations. Employees who are versatile can move between tracks to gain exposure.
We reward contribution and performance with base salary, variable pay, benefits, recognition awards and career growth. Our performance based pay practices take into account profitability, individual performance, internal equity and external practices. We place strong emphasis on individual as well as group performance.
In benchmarking our remuneration at the relevant market levels, we conduct regular surveys to ensure our competitive positioning. Our programmes reinforce business excellence through people, customer, profitability, technology, efficiency, and productivity goals across the Group.
We recognise that employees increasingly seek a balance between work and personal life. We encourage a good balance as long as the activities do not lead to a conflict of interest. A supportive work environment through a framework for flexible work arrangements is provided to enable employees achieve this harmony.
We are committed to ‘Safety Before Profit’. We recognise that good health and safety improve work effectiveness, employee morale and our reputation; we are also aware of the negative impact that leads to lost time, higher costs and delays. To provide a safe working environment, we have integrated safety measures into key business activities with detailed workplace safety and health (WSH) policies.
The Group also seeks continuous improvement through proactive hazard and risk identification and constant monitoring of safety targets. We have also initiated various programmes and activities to raise WSH awareness and inculcate a safety culture in all employees. These include regular safety briefings and training, health talks and recreational activities.
More information on our workplace safety and health performance can be found in our Annual Report.