104 MY E.G. SERVICES BERHAD Registration No. 200001003034 (505639-K) MATERIALITY MATTERS (cont’d) 800 700 500 600 200 300 400 100 0 FY2022 401 264 FY2021 287 178 FY2023 295 227 600 500 200 300 400 100 0 FY2022 FY2021 FY2023 Attrition by Age Group Attrition by Gender Female Male Total Aged 30 and below Aged 31-50 Aged 51-65 Aged 65 and above 296 383 264 209 473 679 525 5 3 14 3 251 274 473 679 525 Attrition by Employee Category 600 500 700 400 300 200 100 0 800 FY2022 FY2021 FY2023 247 198 23 26 5 8 26 334 311 279 220 Non-Executive Executive Management Staff Senior Management Total TALENT TRAINING AND DEVELOPMENT MYEG is committed to providing employees with training that enhances their skills and abilities, allowing them to take on new roles and responsibilities within the organisation, as well as provide employees with career development opportunities such as leadership training that would help them grow and advance within the organisation. Training serves as an effective tool to enhance employee competencies, support succession planning and bolster employee morale and satisfaction. It underscores MYEG’s acknowledgment of its employees and reflects the Group’s commitment to fostering its workforce’s career progression. Training objectives mainly focus on addressing competency gaps in employees’ skillsets through training opportunities. Training and career development are the responsibility of both employees and Head of Department. A Head of Department shall assess their subordinates’ training needs and recommend employees for training to the management so as to improve their job performance and develop their career. Employees may also initiate training requests to Head of Department which would be reviewed by Head of Department and the Industrial Relation, Training and Welfare Department on its suitability. The Group has implemented a slew of important strategies for learning and development initiatives at the organisation: 1) Increasing employee engagement and wellbeing 2) Improving business productivity 3) Improving employee retention 4) Attracting the best talent for businesses 5) Increasing profitability 6) Improving the customer experience 7) Creating a stronger company culture
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