Yinson Annual Report 2020

86 NATURAL SOCIAL & RELATIONSHIPS ORGANISATIONAL MANUFACTURED HUMAN FINANCIAL Yinson Holdings Berhad SECTION 4 OUR CAPITALS Results of FYE 2020 Group-wide employee survey The 360 assessment was undertaken by 59 Yinson leaders. It rated Yinson’s leadership against 11 leadership competencies, highlighting areas where the leadership group was most aligned, as well as untapped areas and ‘blind spots’. Individual leaders were subsequently presented with their personal results and received one-on-one coaching, addressing key areas for improvement. We see this focus on leadership development as an important way to maintain high ownership and engagement levels across the Group. Personal and professional development Yinson believes that career development planning is important for all employees and is a key component of the performance management process. Development activities focus on: • Identifying training and development needs through regular performance appraisal processes • Working out individual development plans which encourage taking on higher roles and responsibilities • Upgrading skillsets • Encouraging adaptability and mobility. • Highlighting opportunities for internal movement. The Group’s Training and Development Policy was approved by the Board on 26 June 2019. This is a key way the Group seeks to develop employees in their individual capacities towards achieving their personal development goals whilst ensuring succession within the Group. The Policy covers in-house training, external programmes, and company sponsorship of approved training programmes across all offices. We have further committed within the document to provide financial assistance to employees who seek training to enhance their core competencies. We do not currently provide any transition assistance programmes for cases of employee retirement or termination. Bottom Quartile (0-61%) Moderate Zone (61-84%) Top Quartile (84-100%) 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% 63% Overall engagement score External benchmarks 23 points 86% Best Employers Malaysia (2019) 4 points 67% Malaysia Norm (2018-2019) 2 points 65% APAC OIL, Gas & Consumable Fuels (2018-2019) 21 points 84% Best Employers APAC (2019) 12