Serba Dinamik Annual Report 2021

Integrated Report 2021 217 Benefits and Remunerations We recognise that in order to recruit and retain talents, we must provide competitive benefits and remunerations. In this regard, we provide all of our employees with competitive starting salaries, short and medium-term incentive plans, and a retirement plan. Our compensation framework is intended to attract, motivate, and retain employees. Some of our employee benefits: Pilgrimage leave – all permanent employees are eligible for paid pilgrimage leave to perform Hajj once after five (5) years of service with our Group; Study and examination leave; Medical insurance benefits; Dental and optical coverage; Free parking during working hours; Serba Dinamik Education Fund*; Subsidised payment for nursery care for employees’ children*. Total remunerations and benefits to our work-force of 2,244 employees for FPE2021. RM 150 million Serba Dinamik’s first Day Care Centre located next to our Tanjung Batu office in Bintulu, Sarawak. Our day care centre in Bintulu accepts children from one year old and above at a reasonable and affordable rate. This is part of our commitment to minimize the burden of our employees. * Only applicable for our malaysian employees Online meeting with all scholarship recipients in July 2021. This was an initiative to motivate the students as well as to welcome the new recipients. The Serba Dinamik Education Fund (TPKSD) was established in 2018 to provide scholarships to our employees’ dependents. Funded through a donation by Datuk Abdul Kadier Sahib, a member of our board of directors, the scholarship aims to provide financial assistance to eligible children of Serba Dinamik employees. RM1 million funds were contributed to this social responsibility project. In 2021, the scholarship funds over RM544,759 to more than 30 students under TPKSD. Registration fees Tuition fees Book allowance Stationary allowance Hardship allowance TPKSD scholarship fund disbursed in FPE2021. Serba Dinamik Education Fund covers: RM 544,759 ENRICHING EMPLOYEES AND COMMUNITIES