Wah Seong Corporation Berhad Annual Report 2021 29 A Place for People Employees power the work of our company. We provide comprehensive compensation, benefits, tools and benefits to foster success and career growth for all employees. We align our labour standards with the International Labour Organisation (ILO) goal of promoting decent work. Stringent yet fair employment standards and practices are stipulated in the Principles of Business Conduct. Our stance is communicated to all employees in English as it is the most commonly used business language. This document is translated into other languages such as Bahasa Malaysia when necessary. Periodically, Wasco participates in workshops or industry/topic-specific collaboration projects that provide industry solutions that improve labour standards in Malaysia. As part of our risk assessment procedure, we regularly review the labour standards of existing and potential business and supply chain partners as part of due diligence. All parties are familiarised with our Principles of Business Conduct from time to time. There were no instances of non-compliance with labour standards during this reporting period. Competitive Benefits Our competitive benefits packages provide comprehensive health and wellness resources consistent with the Employment Act 1955 and additional benefits at our discretion. Wasco also provides leaves of absence for several quality-of-life needs, including personal, maternity and paternity leave. We understand that the pandemic has brought many uncertainties and challenges to every individual. We kept our promise that there would be no layoffs or pay cuts resulting from the crisis. Learning and Development The Group invests in its people by enhancing their competencies and skills to improve work performance and results and motivate and reward employees. Wasco customises training and development to each individual’s competency gaps and unique scenarios. Investing in employee development through personal development training has helped manage this risk. Examples of personal development training we provided included the eMyGoals RoadShow and eMyGoals Resources. Wasco conducted all training sessions virtually and via its eLearning platform in 2021 due to the COVID-19 restrictions. Inductions, an Anti-Bribery and Corruption Course, ESG Training and specific project training are examples of the training programmes held throughout the year. EMPLOYEE ENGAGEMENT Employee engagement plays a vital role in boosting employees’ motivation and morale. Wasco engages in regular staff dialogue physically and virtually to update employees on group developments. Close group engagement activities at the departmental level strengthened team members’ bonds and addressed human resource-related matters. SUSTAINABILITY STATEMENT
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