Page 98 - Bank-Muamalat-Annual-Report-2021

96 BANK MUAMALAT MALAYSIA BERHAD
ABOUT US OUR LEADERSHIP OUR STRATEGY OUR PERFORMANCE

SOCIAL

Beyond health and safety, our approach to manage the well-being of our people is embedded in robust employment policies to
ensure the right working conditions and experience. Our Company’s Core Values and the Code of Conduct guide the desired
attitudes and practices of our people to help create a great workplace for everyone. We offer competitive compensation and
benefits aligned industry best practices to allow us to attract and retain the best talent. Career development plan framework and
apprenticeship programmes are also provided to help nurture our talent. Benefits provided to full-time employees, include:

Senior Managerial Executive Non-Executive
Management

Group Term Takaful 1 √ √ √ √
Healthcare 2 √ √ √ √

Disability and Invalidity Coverage 3 √ √ √ √
Parental Leave 4 √ √ √ √

Retirement Provision 5 √ √ √ √

Stock ownership n/a n/a n/a n/a
Compassionate Leave 6 √ √ √ √

Other Types of Leave 7 √ √ √ √
Flexible Work Arrangement 8 √ √ √ √

Other Allowances 9 √ √ √ √
Membership with Professional Bodies 10 √ √ n/a n/a

Staff Financing 11 √ √ √ √

1. Includes Group Term Takaful and Critical Illness (only applicable to Senior Management and managerial employees)
2. Includes Medical benefits, Dental benefits, Optical benefits, Executive Health Screening and Child Delivery charges
3. Includes Group Personal Accident, SOCSO, Employee Insurance Scheme (“EIS”)
4. Includes Maternity Leave and Paternity Leave
5. Includes EPF Top Up Plan, early retirement and Pre-retirement Leave (only applicable to executives and non-executives)
6. Includes death of family members, natural disaster and immediate family being hospitalised
7. Includes Annual Leave, Sick Leave, Hospitalisation Leave, Prolonged Illness Leave, Marriage Leave, Hajj Leave and Examination Leave
8. Includes Staggered Work Hours and Reduced Work Hours
9. Includes Warm Clothing Allowance for travelling to temperate countries, Acting/Relief Allowance, Regional Allowance (only applicable to East Malaysia), Outstation
Duty Allowance
10. Includes professional membership (only applicable to Senior Management and managerial employees)
11. Includes Staff Sundry Financing, Staff Structured Personal Financing, Staff Bicycle Financing, Staff Vehicle Financing, Muamalat Car Scheme (VP and above) and Staff
House Financing
A new HR System (Phase 1) was launched during the year which enabled mobile and external accessibility to HR processes.
These include application and approval of leave and claims, access to personal salary and training information, as well as Performance
Management. Additional Phase 2 modules including e-learning, recruitment, takaful, and onboarding, are scheduled for release
in 2022.

Further details and breakdowns are available in our Data to Support Material Matters segment from page 101