Empowering Our People and Enriching Our Communities Press Metal Aluminium Holdings Berhad SECTION 5 • DELIVERING SUSTAINABLE VALUE FOR OUR STAKEHOLDERS 196 Providing Competitive Remuneration & Benefits To attract and retain talent, Press Metal offers competitive remuneration packages that include both financial and non-financial compensation. We are committed to the principle of equal pay for equal work, as endorsed by international treaties and national laws, and upholding our duty as a fair employer. For any overtime, employees are informed on the option, with transparent disclosure of applicable rates. The benefits we provided our employees include: Performance bonuses and annual increments, determined by job performance and contributions, will be assessed in yearly appraisals, to incentivise excellence and reward dedication, supporting a culture of meritocracy. Adhering to Statutory Contributions Press Metal contributes to employees’ retirement accounts, meeting legal mandates in our operational regions. In Malaysia, a minimum of 12% of monthly income is allocated to statutory pension funds and all employees are enrolled in the Employment Insurance System and Social Security Organisation (“SOCSO”), maintaining compliance and security for their future. Upskilling Internal Capabilities Training and development are a critical component of our talent strategy, in our effort to enhance job performance through building relevant skills and competences to promote career advancement. This commitment is outlined in our Human Rights Policy, Diversity Policy and Employee Handbook. Board members and staff have access to a diverse range of programmes — spanning professional qualifications, technical skills, soft skills, leadership and human rights awareness — designed to meet their developmental needs. To ensure the relevance and effectiveness of our training initiatives, we tailor the training programmes and personalised training plans based on the in-house competency matrix and assessment during the annual appraisals. Benefits Details • Healthcare • Volunteer opportunity • Recreational activities • Festive celebrations • Performance awards • Personal development (education, training and career development assistance) • Dental benefits • Optical benefits Work + Life Integration • Healthcare insurance • Personal accident insurance Insurance • Examination and study leave • Parental leave • Compassionate leave • Religious leave Leave • Meal subsidy • Housing and utility subsidy • Transportation • Accommodation Subsidy
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