2012 Annual Report - Media Prima Berhad

Media Prima Berhad
Human Capital
Development
In 2012, we have revised seven types of allowances for
employees in order to remain competitive in the market. A
percentage of employees’ basic salaries are deposited to
the Employees Provident Fund (EPF) as per statutory
requirements. This contribution is inclusive of the
contribution of the Employer to the Employees Provident
Fund required by law from time to time.
PERFORMANCE MEASUREMENT
Media Prima Updated Performance Evaluation Modal
Planning (1)
Media Prima continues to promote a
workplace that provides continuous career
development and rewards our people. The
Group recognises the importance of
educating our employees on editorial policies for
creating and disseminating responsible content that
reflects aspects of Human Rights. We pride ourselves
on being an employer of choice and will continue to
create the right culture in our workplace.
LOCAL HIRING
It is our responsibility to build a heritage of economic
progress by providing local employment opportunities and
investing in the Company’s workforce. Local employment
helps us meet our hiring needs while advancing economic
development and education in Malaysia. In 2012, 99% of
our employees were locally hired which comprises 88%
local and 12% overseas graduates.
COMPETITIVE REMUNERATION AND BENEFITS
Media Prima conducts a remuneration review once in
every three years to determine adequate remuneration for
employees. This helps us align our remuneration packages
with the changing business environment. We can be more
equitable in rewarding high achievers at the workplace,
develop employee talent and determine our competitiveness
vis-à-vis the market.
Reviewing (3)
1
ESTABLISHING
DIRECTION
• KPIs and Key
Goals
• Competencies
• Performance Plan
(January)
Performing (2)
2
3
ENSURING ENCOURAGING
SUCCESS PROGRESS
• Feedback Coaching • Year-end
• Quarterly Review Performance Review
(January–December) • Continuous Progress
and Development
(December)
Employee compensation is linked to performance which is
measured across various Key Performance Indicators
(KPIs). Media Prima uses a point-based system which
ranges from one to five to determine the weight of the
bonus with five being the highest performance. The process
is used to assess all employees (100%).
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annual
report
2012