VALUE THROUGH INNOVATION

In the reporting year, training and development was emphasized to
support business strategy. Both structured and informal trainings were
conducted to cover all employees. The Thai government has launched
a fund for the industry to develop the workforce and business itself
by adding value to their own products. As one of our strategies is to
create Value Added Product, we utilized the government mechanism
for funding for alternative support for employee development through
government funding.
We plan to open a flea market for our employees to bring their own
products to sell. This will give an exposure to employees to think and to
do what they really like.
We are continually improving our assessment systems and workforce
planning. Our appraisal process helps us to understand our employee’s
challenges, strengths and areas where they seek improvement.
In FY16-17, the company will strengthen training and development
through diverse learning methodologies such as E-Learning, exhibition
visit, field trip besides class room training. It is expected to improve
effectiveness of training and development and would cover more
employees.
100% of our employees were covered in awareness training on
sustainability.
In the next reporting period the action plan:
• Employee training session will be increase from 4 to 8 per month on
continual basis
• Display posters in work place
We provide transitional assistance programs to support employees
who are retiring or who have been terminated. This includes
• Pre-retirement planning for intended retirees
• Retraining for those intending to continue working
• Assistance (such as training, counselling) on transitioning to a nonworking
life
We have a plan to develop new skill for each of our employees. We plan
to secure government funding to develop after-retirement career for
our employees. .
INDO THAI SYNTHETICS SUSTAINABILITY REPORT 2016 | 39