People
Protecting and respecting human rights is crucial to the long-term sustainability and success of our business. By upholding these principles, we strive to create a work environment that is safe, inclusive, and empowering for all employees, enabling them to contribute their best work and achieve their full potential.
Greatech’s approach to addressing human rights is guided by our core values of integrity, caring, and respecting the people which are fundamental to our business. We respect the right of our employees and others in our value chain to collective bargaining and freedom of association.
We are committed to eliminate all forms of Forced, Compulsory and Child Labour.
We are committed to respecting human rights, in accordance with the Universal Declaration of Human Rights and relevant local laws on human rights.
We practice equal remuneration.
WORKPLACE HEALTH
AND SAFETY
We are committed to nurturing a safe and healthy work environment for all employees and promote safety as an attitude. We provide working conditions that are safe and healthy for all employees as we understand the health, safety and well-being of all our employees is pivotal to our operations. The well-being of our employees is enhanced by the commitment of our management team at all levels and requires their close monitoring of the safety performance. Greatech also does not sanction any employment which may expose the people to hazardous working conditions, either at our own sites or as part of any business relationships we are involved in.
Our health and safety efforts are guided by our EHS Committee, which oversees the Group’s operations to ensure that safety standards are aligned with industry best practices.
EMPLOYEE WELL-BEING
As part of our commitment to employee well-being, we have implemented a comprehensive approach that encompasses various aspects of physical, mental, and emotional health.
Recognition and Rewards
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Employee Assistance Programs
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Communication and Feedback
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Work-Life Balance
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Wellness Initiatives
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Professional Development and Growth
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WORKFORCE
DIVERSITY AND INCLUSION
Employee Diversity
(as in 2023)
Board of Directors
(as in 2023)
We are aware of the inherent nature of the manufacturing industry which is heavily reliant on male workforce. Thus, the Group has been actively promoting the recruitment of female talents across all levels within the company with the aim of increasing the proportion of our female workforce. As of April 2024, 33% of our senior management are female. Our focused efforts on promoting gender diversity and inclusivity have led to a 6% rise in women representation in middle management roles and a 2% increase in executive positions. However, it is noteworthy that the percentage of women in non-executive roles has decreased. This shift is primarily due to the historically male-dominated nature of non-executive roles such as machinists and technicians, which require specialised technical skills that traditionally attract more male candidates. As we persist in our commitment to cultivating a diverse and inclusive workplace, we recognise the importance of addressing gender imbalances across all organisational levels. While the overall proportion of female employees has increased positively from 13% in FY2022 to 14% in FY2023, we acknowledge the importance of further improving gender diversity throughout the organisation.
To support the advancement of women into leadership roles, the Group offer leadership development activities and mentorship programmes tailored to the needs of highly potential female employees.
We are also committed to creating a work environment that is inclusive and supportive of women. Our recruitment efforts for technical positions are handled by female recruiters, and we are actively creating opportunities for women to network and share their experiences within our company. Additionally, we support initiatives such as International Women’s Day, which highlights the importance of diversity and inclusion in our organization and the broader community.
Our commitment to gender diversity is reflected at all levels of our organization, including the Board of Directors. We are continuing to work towards achieving greater gender balance at all levels of our organization.
EMPOWERING YOUNG INNOVATORS
One of our key initiatives in talent development is the Young Engineering Programme (“YEP”), which is specifically designed to attract, retain and nurture top talent within our Group. Through the YEP, we provide a holistic development journey for young engineering graduates, focusing on enhancing both their technical skills and soft skills to equip them with the capabilities essential for success in our fast-paced industry.
- To provide young engineering graduates twelve (12) to twenty-four (24) months of a structured and tailored route into the industry, allowing them to broaden valuable commercial knowledge and expand their professional networks.
- A progress evaluation is conducted periodically to assess both the participant’s and mentor’s learning progress in key criteria such as communication skills, technical proficiency, teamwork and problem-solving abilities.
- Since the inception of the YEP in 2019, 556 young engineering graduates have been placed into fulltime positions within the Group. In FY2023, 86 graduates enrolled in the program, demonstrating our commitment to nurturing young talent and investing in the future of the industry.
CORPORATE SOCIAL RESPONSIBILITY AND COMMUNITY INVESTMENT
At Greatech, our social sustainability approach is to enforce community partnerships that focus on the local needs, supports the underprivileged and future generations which in return, create economic and social value, through a variety of social engagements and initiatives.
Our community programmes are managed locally and actively supported by varied projects in the areas of education and science, social initiatives, arts and culture, fitness and health, and ecology.
Our GreatCare Committee, launched in 2020 by our dedicated CSR Team, is a shining example of our commitment to social sustainability. This initiative encourages our employees to actively partner with local non-profits and community organisations to advance our social sustainability efforts and nurture social engagement.
We also exercise reasonable care in the selection of society projects before approving any donations. It is crucial for us that all of the contributions made reach the intended recipients. Essentially, we ensure our resources are diligently managed and distributed to the communities in need. We are passionate about supporting causes that align with our values and are committed to making a positive impact on the communities where we operate.
