49 / 158
page
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.)