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47

FIMA CORPORATION BERHAD

(21185-P) |

Annual Report

2016

During the year, the Manufacturing Division continued

to provide financial aid to children of employees to help

them pursue their tertiary education in institutes of

higher learning in Malaysia.

While we emphasis the importance for our employees

to be well-versed in the Group’s current development

and achievement status, we also recognize the

importance of bringing excitement and fun elements

for our employees’ participation. Sports activities and

events such as family days, weekend retreats and

festive gatherings are organized with the aim to foster

greater bonding and camaraderie amongst employees

which in turn helps improve engagement at work.

All new employees will go through an induction

program to familiarize themselves with all aspects

of the Company and the Group, including business

operations and strategies as well as our expectations

for ethical conduct.

The performance appraisal of our employees is

conducted annually based on the objective set

for the review period. They are rewarded through

increment, bonus or promotion upon the evaluation of

the performance and contribution of each employee.

The annual performance appraisal is also an effective

communication platform between employer and

employee for feedback, sharing of ideas, review areas

for improvement and to recognize individual training

and development needs.

Benefits and Welfare

The Group’s compensation structure includes fixed and

variable components depending on the employee’s job

grade. We comply with the minimum wage guidelines

of the home country we operate in and we do not

condone excessive working hours.

Each location within the Group has its own locally

defined employee benefit scheme. For eligible

employees, the benefits include:

contributions to retirement fund;

medical benefits for outpatient, specialist and

hospitalization treatment for employees, spouse

and eligible children;

group term life and personal accident insurance;

provision of free transportation for workers’

children to nearby local schools by PTNJL. A

clinic and crèche are also available at the estate

to cater to the needs of the plantation staff and

workers; and

provision of housing with clean water and

sanitation for plantation workers.

Kindergarten at PTNJL

Worker’s quarter at PTNJL

PKN’s Family Day

SOCIAL

(contd.)