Kincentric to announce winners of Best Employers in Malaysia for 2020

KUALA
LUMPUR, MALAYSIA – Media OutReach
– 8 December 2020 – Kincentric,
a Spencer Stuart Company is pleased to announce that their highly
anticipated Kincentric Best Employers in Malaysia will be returning on 16
December 2020 in the format of a virtual event. For 20 years, the Kincentric Best
Employers program has recognized leading employers across the world, backed by over 50
years 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 Best
Employers in Malaysia 2020 will see shortlisted finalists vying for honours in
three categories — Best Employers in Malaysia, COVID Resilience Awards, and the
coveted Best of the Best Employer in Malaysia. Organizations participating in
this year’s event include home-grown businesses, Government-linked Companies
(GLCs) and Multinationals (MNCs) across various industries.  

 

This
year’s judging panel is composed of
industry-leading HR professionals Dato’ Hamidah Naziadin, Independent
Non-Executive Director of Maxis Berhad and Nestlé; Chong Chye Neo, Independent
Director of Bursa Malaysia, Hong Leong Financial Group and Hong Leong Bank; and
Dato’ Tharuma Rajah, Founder & CEO of Garage Analytics.

 

Commenting on this year’s shortlist, Kincentric Best
Employers judge Chong Chye Neo said, “It is very encouraging to see good diversity
across different industries, size of businesses and employee population in this
year’s shortlist for Kincentric Best Employers. It is also very heartening to
note that all the shortlisted companies demonstrated a strong employee care
culture, especially in the current pandemic. After a robust debate that
explored various perspectives with judges from diverse backgrounds, we have
selected Malaysia’s best employers; organizations that have exemplified people
culture as a key enabler of their business strategy.”

 

In light of the
current environment of digitalization, globalization and talent shortages,
Kincentric’s recent research and analysis has identified four critical
differentiating factors of leading organizations — employee engagement, agility,
engaging leadership and talent focus. Companies shortlisted for this year’s
Best Employers are evaluated against these four factors, and rank in the top
quartile for employee engagement along with two out of three factors. In 2019,
Kincentric Best Employers in Malaysia scored 86% across all four critical
differentiating factors, excelling beyond the market average of 67% for
employee engagement, 65% for agility, 67% for engaging leadership and 64% for
talent focus.

 

A special recognition
this year, the COVID Resilience Awards distinguishes organizations that utilize
opportunities presented by the pandemic to create valuable and meaningful
employee experiences in support of the organizations’ survival and road to
recovery throughout the year. Organizations shortlisted for this award are
evaluated against four key pillars, identified through Kincentric’s research
and insights on employee experience during the pandemic. The pillars are senior
leadership & communication, care & concern, wellness and safety, and
virtual work effectiveness. Companies shortlisted for this award rank in the
top quartile for senior leadership & communication as well as two out of
three of the other pillars. 

 

“The Kincentric
Best Employers program celebrates workplace excellence, recognising leading
employers that drive change and inspire people to consistently do their best
every day to achieve good business results for their organizations. This year,
we are introducing a special COVID Resilience Award to recognize organizations
that have risen above and holistically supported their employees in managing
the significant emotional, social and economic impact brought on by the
pandemic. This award demonstrates how a great employee experience defines the
ability for a business to survive and thrive, especially in critical moments,”
said Ridhima Khanduja, Country Head — Malaysia, Kincentric.  

 

Over the past
five years, Kincentric has recognized more than 4,000 Best Employers from
around the world including from Malaysia, with 2 organizations inducted into
Kincentric’s Best Employers Hall of Fame. In 2019, American Express (Malaysia)
Sdn Bhd, DHL Express (Malaysia) Sdn Bhd, Eco World Development Sdn Bhd, Gerbang
Alaf Restaurants Sdn Bhd, OCBC Bank (Malaysia) Bhd, SkyWorld Development Sdn
Bhd and SP Setia Bhd were awarded Kincentric Best Employers in Malaysia. DHL
Express (Malaysia) Sdn Bhd was also named Kincentric Best of the Best Employer
in 2019.    

 

The
honour roll for Kincentric Best Employers and COVID Resilience Award will be
available online from 17th
December 2020.