Page 49 - ar2013

Corporate Governance
& Sustainability
47
cash bonuses and long-term
equity-based reward plans such
as restricted shares for managers.
Such equity-based reward plans aim
to bridge reward and performance,
as well as to retain talent. We also
conduct regular benchmarking
exercises to ensure that we remain
competitive to continue to attract
and retain talent.
DEVELOPING OUR PEOPLE
We strongly believe in providing
training and development
opportunities for our employees
to expand their capabilities
and realise their potential. In
collaboration with CapitaMalls
Asia, we provide our employees a
suite of training and development
programmes to gain relevant
knowledge and skills to achieve
business excellence.
Other than classroom trainings,
our employees are encourage to
participate in e-training at their
own time and pace via our online
learning platform iCampus, which
carries more than 200 courses in
English and Chinese.
We also organise overseas study
visits for our employees so that
they can gain exposure, learn
from other mall operators, as well
as network with industry players.
People & Talent
Management
To help integrate and ease new
employees into our culture and
system, we have put in place
structured programmes such
as the new hire orientation
programme on iCampus where
they can gain knowledge of
company information, policies
and processes. In addition, within
their first three months of service,
they will be invited to attend a
four-day Boot Camp to allow
them to gain deeper insights
into our management philosophy,
core values, business strategy
and operations. It also provides
a platform for new employees
to network and interact with
colleagues from other malls
and functions.
For members of the senior
management team, we
partner with CapitaLand Institute
of Management and Business
(CLIMB) for leadership and
management programmes
to sharpen their management,
leadership and business skills.
ENGAGING OUR PEOPLE
Regular recreational, team-building
and networking events are
organised as part of our concerted
efforts to engage our employees
in China. Staff communication
sessions by senior management are
also conducted on a regular basis
to keep our employees abreast
of CRCT’s financial results and
strategic business thrusts.
CARING FOR OUR PEOPLE
We value and care for our people
as we believe our success will be
shaped by them. We will continue
to develop our human capital to
achieve optimal performance.
We recognise that people are our
greatest asset and they contribute
to the success of the organisation.
With an integrated human capital
strategy, we are committed to
develop and grow our people.
TALENT MANAGEMENT
We constantly seek talents to
meet the resourcing requirements
in China to support our business
growth. To build our bench
strength and talent pipeline for
leadership succession planning,
we attract young talents to join our
Management Associate Programme
and Graduate Development
Programme through our network
with various distinguished China
and overseas universities. We also
recruit talents at different transition
points in their career paths, from
young, mid-career professionals
to industry veterans.
We leverage on our scale to provide
a platform for cross fertilisation
where employees have the
opportunity to rotate to different
malls, functions, cities or countries
as part of their career development.
COMPETITIVE COMPENSATION
AND BENEFITS
We offer comprehensive and
competitive remuneration packages
which includes short-term