AL-SALAM REIT ANNUAL REPORT 2018
AL-SALĀM REIT ANNUAL REPORT 2018 73 Employee Welfare & Rights The Manager strives to ensure that the employees maintain a satisfactory physical and mental well-being. The Manager irmly believes in ensuring the physical and mental well-being of the employees to strive for continuous growth. With that, the Manager provides allowances, retirement provisions, healthcare beneits, disability and insurance coverage and medical compensation. The Manager conducts annual employee appraisals and the employees to provide feedback during the review. Ultimately, the Manager has a Code of Conduct & Business Ethics Policy to ensure the employees are properly guided. Occupational Health & Safety The Manager aims to provide a safe environment for the employees to work in and ensure safety in the conduct of professional task of the tenants of the properties. At each property, the Manager has put in place a team of well-trained people to establish an Emergency Response Team to manage and handle emergency crises. Apart from that, the Manager of the REIT has an Occupational Safety, Health, Environment & Security Committee to discuss safety measures and issues on a periodic basis. On an on-going basis, the Manager ensures that the relevant parties adhere by the established safety regulations before any work is performed on the properties. Annually, ire drills and emergency evacuation procedures are conducted at the REIT properties to create awareness among the relevant stakeholders. The table below shows the dates of the ire-drills and emergency evacuation procedures conducted in the inancial year: Employee Turnover Rate The Manager takes strenuous efort to maintain a reasonable turnover rate by keeping the employees contented at all times. The table below shows the turnover rates for the year 2017 and 2018: Entity KOMTAR JBCC Menara KOMTAR Pasaraya Komuniti @Mart Kempas Date of ire-drills / emergency procedure held 8th August 2018 8th August 2018 19th April 2018 Entity DRMSB SMMSB – KOMTAR JBCC SMMSB – Menara KOMTAR SMMSB – Pasaraya Komuniti @Mart Kempas 2017 Turnover rate (%) 0 6.97 0 0 2018 Turnover rate (%) 7.27 0 12.0 0
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