MATERIALITY MATTERS (cont’d) SOCIAL TALENT RETENTION AND DEVELOPMENT Amidst a competitive market for talent, MYEG and for that matter, all industry players continue to compete for talent. Across the industry, there is an urgent need to recruit and retain high-calibre, competent professionals. MYEG firmly believes in investing in our talent and motivating our employees through the use of incentives to employees who have performed considerably well. Throughout FY2022, MYEG had initiatives to help expand and develop the talent within the Group. Such initiatives include targeted internships and leadership training courses for top and middle management. A total of 19 team members attended our Transformation into an Effective Leader programme. Our labour standards are kept to a high level through the various briefings, internal and external training and on-the job training. Our recruitment approach is two-pronged: r Seeking to attract young individuals with industry-relevant experience r Recruiting young talents from the nation’s vast undergraduate pool through our internship programmes (such as our UUM graduate placement programme), which provides an avenue for successful candidates to join our workforce full-time A total of 31 interns and 5 proteges were mentored in FY2022 (FY2021: 17 interns). MYEG does not discriminate who it hires based on an individual’s background, social status or education. MYEG is committed to providing opportunities to those from under-privileged backgrounds, poor social status, and a lack of formal education. Appraisals are also conducted by the Group using a new system of e-Appraisal, which aimed to remove the difficulties brought by the previous EES portal system. The Group conducts these appraisals on a yearly basis. In addition, the Group also has an internal employee rewards programme called The Abdullah Ahmad Awards, which recognises and appreciates excellence and individual performance. In FY2022, we continued pursuing key programmes to substantially bolster efforts in internships, youth employment initiatives and graduate placements at the Group.One of these programmes is the Malaysia Short-Term Employment Programme (“MySTEP”), a Malaysian government initiative targeting short-term (contract) employment opportunities in various ministries, government agencies and government-linked companies. The government aims to create more employment opportunities and provide work experience to younger generation of workers in Malaysia to increase their marketability. MYEG had 10 trainees participating in MySTEP in FY2022. Trainees who completed the programme and were deemed qualified became permanent team members upon completion of the training period. MYEG plans to continue participating in MySTEP in 2023, and increase the number of participants. The other programme is the Professional Training and Education for Growing Entrepreneurs (“PROTÉGÉ”), with five participants in FY2022. PROTÉGÉ is an entrepreneurial and marketplace training programme aimed to nurturing the potential of youths in collaboration with industry experts. This programme aims to create more competitive and market-ready job seekers as well as skilled job seekers to meet current industry needs. 96
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