KUALALUMPUR, MALAYSIA - Media OutReach- 8 December 2020 - Kincentric,a Spencer Stuart Company is pleased to announce that their highlyanticipated Kincentric Best Employers in Malaysia will be returning on 16December 2020 in the format of a virtual event. For 20 years, the Kincentric BestEmployers program has recognized leading employers across the world, backed by over 50years of employee research and a global database of over 15 million employees.
(From left to right) Chong Chye Neo, Independent Director of Bursa Malaysia, Hong Leong Financial Group and Hong Leong Bank; Dato' Tharuma Rajah, Founder & CEO of Garage Analytics and Dato' Hamidah Naziadin, Independent Non-Executive Director of Maxis Berhad and Nestlé composed the panel of esteemed judges for Kincentric Best Employers in Malaysia 2020
Kincentric BestEmployers in Malaysia 2020 will see shortlisted finalists vying for honours inthree categories -- Best Employers in Malaysia, COVID Resilience Awards, and thecoveted Best of the Best Employer in Malaysia. Organizations participating inthis year's event include home-grown businesses, Government-linked Companies(GLCs) and Multinationals (MNCs) across various industries.
Thisyear's judging panel is composed ofindustry-leading HR professionals Dato' Hamidah Naziadin, IndependentNon-Executive Director of Maxis Berhad and Nestlé; Chong Chye Neo, IndependentDirector of Bursa Malaysia, Hong Leong Financial Group and Hong Leong Bank; andDato' Tharuma Rajah, Founder & CEO of Garage Analytics.
Commenting on this year's shortlist, Kincentric BestEmployers judge Chong Chye Neo said, "It is very encouraging to see good diversityacross different industries, size of businesses and employee population in thisyear's shortlist for Kincentric Best Employers. It is also very heartening tonote that all the shortlisted companies demonstrated a strong employee careculture, especially in the current pandemic. After a robust debate thatexplored various perspectives with judges from diverse backgrounds, we haveselected Malaysia's best employers; organizations that have exemplified peopleculture as a key enabler of their business strategy."
In light of thecurrent environment of digitalization, globalization and talent shortages,Kincentric's recent research and analysis has identified four criticaldifferentiating factors of leading organizations -- employee engagement, agility,engaging leadership and talent focus. Companies shortlisted for this year'sBest Employers are evaluated against these four factors, and rank in the topquartile for employee engagement along with two out of three factors. In 2019,Kincentric Best Employers in Malaysia scored 86% across all four criticaldifferentiating factors, excelling beyond the market average of 67% foremployee engagement, 65% for agility, 67% for engaging leadership and 64% fortalent focus.
A special recognitionthis year, the COVID Resilience Awards distinguishes organizations that utilizeopportunities presented by the pandemic to create valuable and meaningfulemployee experiences in support of the organizations' survival and road torecovery throughout the year. Organizations shortlisted for this award areevaluated against four key pillars, identified through Kincentric's researchand insights on employee experience during the pandemic. The pillars are seniorleadership & communication, care & concern, wellness and safety, andvirtual work effectiveness. Companies shortlisted for this award rank in thetop quartile for senior leadership & communication as well as two out ofthree of the other pillars.
"The KincentricBest Employers program celebrates workplace excellence, recognising leadingemployers that drive change and inspire people to consistently do their bestevery day to achieve good business results for their organizations. This year,we are introducing a special COVID Resilience Award to recognize organizationsthat have risen above and holistically supported their employees in managingthe significant emotional, social and economic impact brought on by thepandemic. This award demonstrates how a great employee experience defines theability for a business to survive and thrive, especially in critical moments,"said Ridhima Khanduja, Country Head -- Malaysia, Kincentric.
Over the pastfive years, Kincentric has recognized more than 4,000 Best Employers fromaround the world including from Malaysia, with 2 organizations inducted intoKincentric's Best Employers Hall of Fame. In 2019, American Express (Malaysia)Sdn Bhd, DHL Express (Malaysia) Sdn Bhd, Eco World Development Sdn Bhd, GerbangAlaf Restaurants Sdn Bhd, OCBC Bank (Malaysia) Bhd, SkyWorld Development SdnBhd and SP Setia Bhd were awarded Kincentric Best Employers in Malaysia. DHLExpress (Malaysia) Sdn Bhd was also named Kincentric Best of the Best Employerin 2019.
Thehonour roll for Kincentric Best Employers and COVID Resilience Award will beavailable online from 17thDecember 2020.
About Kincentric
Kincentric,a Spencer Stuart company, approaches human capital differently -- we help youidentify what drives your people, so they can drive your business. Our decadesof expertise in culture and engagement, leadership assessment and development,and HR and talent advisory services enable us to help organizations change fromthe inside. And our global network of colleagues, our proven insights and ourintuitive technologies give us new ways to help organizations unlock the powerof people and teams -- fostering change and accelerating success. For moreinformation, please visit kincentric.com.