Megachem Limited
Annual Report
2014
21
Our Human Capital
At Megachem, our people are our greatest asset hence
is at the heart of everything we do. We believe in the
continuous investment and development of our people
to realize their full potential to help the organization
achieve excellence in our business results. The People
Developer accolade is testimony to this longstanding
commitment and belief that investment in people
will thrust the organization towards the pinnacle
of excellence in our relationship with our partners,
customers and suppliers.
In pursuit of People Excellence, we adopt a holistic
approach to human capital development.
Rewards & Benefits
Megachem considers the competitive market place,
relative value of each position to the Company as well as
among similar jobs, performance of individual employees,
qualifications and relevant work experience in deciding
how much an individual is paid. The Company reviews its
compensation and benefits program regularly to ensure
it is on par with the market. The Company believes in
providing targeted incentives and rewards to employees,
consistent with their performance contribution to profit
result outcomes.
Welfare and Well-Being
Megachem commits to create and sustain a working
environment supportive of work life balance for all
employees where they are respected partners of the
business. The Company conducts various programs to
foster welfare and well-being among colleagues, to
improve overall health of employees and to achieve
work-life harmony. In so doing, a visible team of
committed, productive and motivated employees is
highly energized to realize the corporate vision, mission,
values and culture.
Learning and Development
Megachem places people at the core of its HR strategy
and hold strong belief in the nurturing of our employees
to achieve excellent business results and a high level
of competency. The Company’s HR policy is one that
promotes the availability of opportunities for people to
be trained on a continuing basis.
Our commitment to people development and investment
is recognized at the national level, and holds recognition
and certification as People Developer by Spring
Singapore.
Career & Leadership Development
Megachem’s Performance Appraisal Process has a
development component that encourages employees
to plan development that will help increase their
performanceandgrowthintheirpersonalandprofessional
development. In addition, to ensure a rewarding and
fulfilling career at Megachem, the Company has in place
a Mentorship Program where mentees are guided and
coached by Mentors in professional developmental and
personal growth.
Higher Learning Education Support
The Higher Learning Education (“HLE”) programprovides
financial assistance to eligible employees who choose
to further their professional education and training
(“PET”) that will enhance their knowledge and skills. This
program provides reimbursement of eligible expenses
for approved Diploma/Degree/Master/PhD certification
programs related to employee’s current or future job
responsibilities.
Students and Graduates
Megachem welcomes Interns/Attachment students to
embark on an exciting learning journey with challenging
assignments and projects.
Fresh graduates are strongly encouraged to apply and
join the Company as Management Trainees in their first
step towards building a promising career.
