90 YINSON HOLDINGS BERHAD STRATEGY & OUTLOOK Our newly launched SuccessFactors Employee Central module, elaborated further on in this commentary under ‘Global Human Resources Information System’, will now make it possible to provide better data analytics that can provide valuable insights into the design of this Future Reward Framework. The Framework is on track for implementation in 2022, and we look forward to sharing further updates with you. In addition, we continued to appreciate and acknowledge employee contributions to the organisation in many ways, including: • Annual long service awards, with a total of 24 employees recognised for their years of service in the Group. • Providing a further grant of our Employee Share Option Scheme. • Enabling a ‘badge of recognition’ feature on our Global HRIS aligned to our Core Values. • Recognising Yinson’s Top Learners internally. Long service awards FYE 2022 >5 years >10 years >20 years Number of award recipients 21 2 1 Performance Management Performance Management was one of the key areas that employees indicated within the EES 2021 that they would like to see improvement. As a response to this feedback and in line with our HR Transformation Plan, we have been working hard to bring various changes to the way we currently implement performance management across the Group. This includes reviewing performance cycle timelines, simplifying various aspects of the process and increasing focus on continuous performance conversations throughout the year. We have laid the groundwork for the implementation of a new Performance Management Module in our Global HRIS and will officially transition to the new module in 2022. We also revised and launched our Group Learning & Development Policy & Procedure, which aims to develop skills and capabilities leveraging on digital technologies to achieve business results and build a learning culture. As part of the new policy, we introduced an Educational Sponsorship Programme, where sponsorship of educational programmes can be provided at management discretion. Learning Management System As part of improving how we manage performance, Yinson launched our LMS, Learn@Yinson, in 2021. The LMS supports professional and personal growth and development by providing tools and learning pathways to gear towards future growth, business sustainability and to create a culture of learning. With a wide variety of relevant courses, including internal courses, in a central platform, our people have the flexibility of learning anywhere, at their own pace. We are also able to utilise data analytics captured from the platform to continuously enhance the employee learning experience and help employees achieve their performance goals. In the coming year, we aim to implement broad job family learning paths and review the adaptation and usage of LMS in order to further improve the learning and performance management culture in Yinson. 55,100 learning hours from April 2021 to February 2022. Learn@Yinson’s Top 5 courses in 2021 1. Getting started in Learn@Yinson 2. Building Resilience 3. How to Use LinkedIn Learning 4. Vaccine Myth Buster 5. Fighting Gender Bias at Work 86% positive user experience indicated in the LMS Feedback Survey 2021 80 average learning hours per employee from April 2021 to February 2022. Top 5 learners recognised for timely completion of the learning programme from February to June 2021. 48% - Very satisfied 38% - Somewhat satisfied 8% - Somewhat dissatisfied 6% - Very dissatisfied PEOPLE REVIEW
RkJQdWJsaXNoZXIy NDgzMzc=