126 PERENNIAL HOLDINGS PRIVATE LIMITED Sustainability Report Figure 15: Breakdown of Employee Turnover and New Employee Hires by Age 0 100 200 500 300 400 Employee Turnover by Age Singapore China <30 30-50 >50 64 281 36 7 103 8 <30 30-50 >50 0 100 200 300 400 New Employee Hires by Age Singapore China 70 241 34 3 65 13 Employee Turnover and New Hires in Singapore and China Across all assets from the reporting scope in Singapore and China, total employee turnover for FY2024 was 499, while the total number of new hires was 426. About 58% of the total turnover consisted of employees aged over 50 years old due to the higher concentration of older workers in the healthcare and eldercare sector in China. Similarly, 57% of total new hires were aged above 50, while 19% were below 30 years old (refer to Figure 15). Figure 16: Breakdown of Employee Turnover and New Employee Hires by Gender 0 100 200 550 300 400 Employee Turnover by Gender Singapore China Male Female 125 22 29 323 0 100 200 300 400 New Employee Hires by Gender Singapore China 17 33 Male Female 280 96 Figure 16 illustrates that the demographic profile of employee turnover and new hires predominantly consist of female employees, particularly in China assets. This trend is largely influenced by the nature of the eldercare homes and medical hub, which often attracts a workforce aligned with the caregiving role essential to the operations. Figure 17: Breakdown of Average Employee Training Hours by Employment Type and Gender Average Training Hours by Employee Category Singapore China 0 20.0 40.0 60.0 80.0 100.0 Middle Management and above Professional, Operations and Support 63.0 20.5 5.4 8.7 Average Training Hours by Gender Singapore China 0 10.0 20.0 40.0 60.0 Male Female 30.0 50.0 30.2 27.9 3.5 1.5 Employee Training Hours in Singapore and China Perennial Holdings is committed to refining its Performance Management framework, which was established in FY2021. The framework adopts a holistic approach, evaluating not only employee performance but also assessing how to improve individual and team productivity and developing employee capabilities through targeted feedback and coaching. These sessions aim to align employees’ mindsets with the Company’s goals while fostering better communication between managers and employees. In total, 33,586 hours have been invested in training employees in Singapore and China. The average training hours by employee type and gender are shown in Figure 17.
RkJQdWJsaXNoZXIy NTM2MDQ5