SECTION 2: OUR STRATEGIC CONTEXT 64 Employee Turnover In 2024, the Group’s employee turnover increased from 139 to 153, with the annual turnover rate rising from 21% to 24%. Higher turnover among employees under 30 and first-level management was observed, signalling the need for stronger leadership development and retention strategies. Senior management turnover also doubled, reinforcing the importance of succession planning. In response, MST Golf is focusing on cost-effective retention efforts, including enhanced training, clear career pathways, market-aligned compensation, performance-based incentives, flexible work policies, and stronger employee engagement. Employee Turnover 2023 2024 Annual Turnover Rate 21% 24% Employee Turnover by Gender 2023 2024 Number Rate Number Rate Male 86 13.09% 93 14.58% Female 53 8.07% 60 9.40% Employee Turnover by Age Group 2023 2024 Number Rate Number Rate <30 years 62 9.44% 68 10.66% 30-50 years 64 9.74% 65 10.19% >51 years 13 1.98% 20 3.13% Employee Turnover by Region 2023 2024 Number Rate Number Rate Malaysia 115 17.50% 104 16.30% Singapore 24 3.65% 28 4.39% Indonesia - - 21 3.29% Employee Turnover by Employee Category 2023 2024 Management Committee 0 1 Senior Management 2 4 First Level Management 5 10 Non-Management 132 138 Grand Total 139 153 SUSTAINABILITY STATEMENT
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