Yinson Annual Report 2019

EMPLOYEE ENGAGEMENT Clear and dynamic communication is essential for a productive and positive workplace. In order to facilitate dialogue of this kind, we conducted an employee engagement survey in 2018 among 116 employees from our Kuala Lumpur and Singapore offices to collect feedback on their job satisfaction, their supervisor, their team and the organisation as a whole. Results were promising, yielding an overall satisfaction rate of 69%, with employees showing the highest level of satisfaction, 79%, with their team. We are an equal opportunity employer, recruiting talent based on merit and through standardised procedures across the Group. In addition to the digital platforms through which we promote vacant positions, we engage with prospective employees through recruiters, networking events and university career fairs. We seek to identify and nurture talent in the earliest stages of career development through our Internship and Management Trainee Development Programme, offered in collaboration with universities and colleges in the countries in which we operate. Through this programme, which includes an opportunity for interns to experience the different business operations of Yinson in our offices around the world, we aim to secure and retain the best and brightest for our future operations. In FYE 2019, we offered internship positions to four students. In order to strengthen our capacity for internal talent development, the Management Trainee Development Programme is set to be relaunched in FYE 2020 as the League of Extraordinary Apprentices Programme (L.E.A.P). The revised apprenticeship programme will accept promising young Malaysians into two programme streams based out of our Kuala Lumpur office. The Executive Stream will include a two-and-a-half-year apprenticeship including one month of shadowing and mentorship with a member of Yinson’s leadership team. The Advanced Stream of the programme, which aims to fast-track participants to Manager level, will be four years in length and will include mentorship from a senior leader for the duration of the programme. Through this programme we seek to invest in promising new candidates who are teachable and adaptable, with the energy and drive for success. At Yinson, we believe in recognising excellence when we see it. We do so through our Employees’ Share Scheme, which rewards eligible employees based on their performance and the duration of their service, among other criteria. Through this initiative, we hope to foster an environment where our employees feel that their achievements are both valued and recognised. Yinson recognised as one of the best companies to work for in Asia In 2018, Yinson was once again recognised as an employer of choice, this time by HR Asia, who identified Yinson as one of the top employers in the country. In honour of our achievements in cultivating a positive working environment, Yinson was awarded HR Asia’s Best Companies toWork For in Asia, Malaysia Chapter. HR Asia is one of Asia’s most authoritative publications for senior HR professionals, covering over 12 markets across the region. Our receipt of this award marks our continued commitment to employee welfare and talent management, as well as our efforts to create a workplace that cares deeply for its employees. 51 Yinson Group Overview Strategy and Sustainability Governance Accountability Annual General Meeting