51 How We Are Governed Financial Statements Shareholders’ Information Additional Information TALENT ATTRACTION, DEVELOPMENT AND MANAGEMENT Kenanga is committed to invest in our talent, ensuring that our employees have access to technical, professional and personal development opportunities. In doing so, we aim to equip our employees with the knowledge and skills they require to flourish in their careers. Fair Recruitment Guided by our Group’s Procedure on Recruitment and Staffing Management, our recruitment processes are fair and non-discriminatory. The Group endeavours to recruit locally as far as possible. Malaysians make up approximately 99.9% of the Group’s workforce. 2021 Number of Employees Rate (%) New Hires Total 282 20 Male 156 55.32 Female 126 44.68 Employee Turnover Total 168 12.54 Male 88 13.51 Female 80 11.63 Kenanga’s Voluntary Attrition Rate (%) 2021 12.54 2020 9.56 2019 11.75 Employee Benefits We provide a range of benefits to our employees, which range from interest-free employee share option scheme loan, fitness memberships, insurance coverage, tuition and education assistance, amongst others. We are in full compliance with statutory minimum wage requirements and, in addition, provide financial support from our zakat funds to lower-income Muslim employees and Muslim employees with school-going children whose income is below a certain threshold.
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