Annual Report 2023 63 Training and Development We invest in the development and training of our employees, providing them with the necessary tools and resources to excel in their roles. By fostering a culture of continuous learning, we empower our employees to take charge of their professional growth and development, which helps to ensure their long-term success with the Group and meet demands of the evolving business environment. Our commitment to provide employee development opportunities is set forth in the Employee Handbook. The training offered to our people is based on the training need analysis (“TNA”) conducted during the annual appraisal process between employees and the Heads of Departments, who are accountable for identifying and assessing the training needs of their respective teams. This is to enable employees to improve their level of knowledge and skills based on their current job scope. BENEFITS • Annual leaves • Special leaves, including paternity and compassionate leaves • Maternity leaves • Sick leaves • Group Hospitalization and Surgical insurance plan • Group Personal Accident insurance plan SUSTAINABILITY REPORT • Group Term Life insurance plan • Medical coverage for outpatient medical attention and treatment • Dental and optical benefits • Travelling allowance • Handphone allowance • Contribution to SOCSO, EPF and EIS During the year, we implemented the Professional Certification Development Program (“PCDP”) to facilitate the professional growth of our people. The program aims to enhance the skills and qualifications of employees by offering them the opportunity to enrol in relevant certification courses. The PCDP provides a list of approved programs from which employees can choose to join. Datasonic takes responsibility for covering all expenses associated with the certification process, including training, examination and assessment fees, as well as travel expenses. However, eligibility for enrolment in the PCDP is subject to meeting specific criteria, and approval is at the discretion of the management. In FY2023, we invested approximately RM326,000 in talent development comprising 90 physical and virtual training sessions, covering various aspects such as leadership, technical skills, soft skills, and industry-specific knowledge, to name a few. FY2021 FY2022 FY2023 Average training hours per employee 4 4 8 No. of training programmes 36 84 90 Training Hours by Employee Category 1,670 681 1,487 935 501 4,782 FY2023 FY2021 FY2022 Executive Non-Executive Competitive Remuneration Packages We adhere to all applicable laws in employee compensation, including the updated Malaysian Minimum Wages Order 2022. Additionally, Datasonic provides full-time employees with a wide range of competitive benefits that are consistent with the industry and in compliance with the Employment Act 1955. We have also taken steps and applied changes to our Employee’s Handbook to comply with the new Employment (Amendment) Act 2022 which recently came into effect on 1 January 2023. The amended Act is in line with guidelines set by the International Labour Organization (“ILO”).
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