Yinson Annual Report 2020

88 NATURAL SOCIAL & RELATIONSHIPS ORGANISATIONAL MANUFACTURED HUMAN FINANCIAL Yinson Holdings Berhad SECTION 4 OUR CAPITALS Yinson’s Covid-19 response (pg 33) Performance recognition In FYE 2020, Yinson began rewarding employee loyalty through long service awards, with 38 Yinsonites recognised for being with us for five years or more. We continued rewarding employees through our Employees’ Share Scheme (“ESS”), where eligible employees are rewarded based on their performance and the duration of their service, among other criteria. 101 Yinsonites were invited to participate in ESS in FYE 2020. Various communication channels are used to celebrate performance at work and lessons learnt, such as our corporate intranet, town hall meetings, team meetings and other internal events. Adding value to business through work life balance Progress in FYE 2020 FOCUS FOR FYE 2021 • Enhanced flexible working hours options • Introduction of ‘Work from home’ arrangements for KL and Singapore offices • Examination leave introduced • Enhancement of annual, medical, maternity and paternity leave benefits • Monthly ‘Family day’ introduced in Singapore office • Increase in family-friendly CSR events • KL and Singapore offices received ‘Best Employer to Work for in Asia Award 2019’ by HR Asia • New KL office to incorporate family-friendly facilities • Implementation of healthier meals at work • Review approach to flexible working hours and arrangements, incorporating learnings from Covid-19 At Yinson, we recognise our employees’ families as an important internal stakeholder group. We realise that how happy our employees are outside of work directly affects how productive they are at work, so we strive to be an employer of choice in all the regions where we operate by improving work-life balance. Our efforts have earned our KL and Singapore offices recognition as the ‘Best Companies to work for in Asia’, an award given by HR Asia. FYE 2020 is the second consecutive year the KL office has received this award. We enhanced our flexible working hours options from the two time- slot options introduced in FYE 2019 to four for the KL office. Meanwhile in other offices, we maintained our practise of having employees in the office during core working hours, giving them the flexibility to make arrangements to arrive and depart any time outside of core working hours. Yinson piloted ‘Work from home’ arrangements for KL and Singapore offices in FYE 2020. Under the pilot, employees may apply to work from home a maximum of two days per month. This arrangement has been taken up by around 10% of employees as at the end of FYE 2020, with no drop in productivity recorded. In FYE 2021, we aim to review our approach to flexible working hours and work from home arrangements following the pilot in Malaysia and Singapore, as well as our Covid-19 experience. 9