BUILDING LANDMARKS, CHARTING GROWTH
175
Annual Report 2015
REWARDING PERFORMANCE
To promote a high-performing workforce, we embrace
a performance-based system that provides competitive
compensation and benefits. To ensure that we continue to
attract and retain talent, regular salary reviews, benchmarked
against other peers and industries that are relevant to the
markets that we operate in, are conducted to ensure that
33%
8%
Under 30 Years Old
Between 30 - 50 Years Old
Over 50 Years Old
59%
Global
Workforce
(
Breakdown
by Age
)
the annual remuneration package remains competitive.
In 2015, Perennial implemented the Employee Share
Option Scheme 2014 which is designed to motivate our
people to strive for sustained long-term growth and better
align our people’s incentives with shareholders’ interests.
ALIGNING PROCESSES TO
REGULATORY CHANGES
We continuously strive to raise the standards of efficiency,
governance and service excellence for the benefit of our
employees. In 2015, our human resource processes and
policies were reviewed and aligned to the latest changes
in the Employment Act, Employment Fair Practices
guidelines and Personal Data Protection Act.
PROMOTING EQUALITY AND DIVERSITY
We believe in providing equal employment opportunities,
upholding fair employment practices, and ensuring that
all job applicants are treated fairly regardless of ethnicity,
age or gender.
While Perennial’s operations span different countries
where labour laws, regulations and practices differ widely,
we are committed to a high standard of human resource
management globally. We abide by local laws in the countries
that we operate, including abiding by and exceeding
minimum wage requirements where such laws exist.
In 2015, 59% of our global workforce was between
the age of 30 and 50, 33% under 30 years old and
8% over 50 years old.
Our workforce comprises an almost equal proportion
of male and female employees. The female employees
are well represented at the middle and senior
management levels. As at 31 December 2015,
female executives comprised about 65% of senior
management
1
.
65%
Male
Female
35%
Senior
Management
(
Breakdown
by Gender
)
1 Senior management comprises those holding Vice President positions and above.
