Engaging and Developing Female Leaders MSC Malaysia Talent Conference 18 September 2014 GRADUATE EMPLOYABILITY MANAGEMENT SCHEME STRUCTURED INTERNSHIP PROGRAMME SECTOR FOCUSED CAREER FAIRS GRADUATE EMPLOYABILITY PORTAL RETURNING EXPERT PROGRAMME UPSKILLING CAREER FAIRS ENHANCING GRADUATE EMPLOYABILITY PROMOTING TALENT DIVERSITY DIVERSITY IN LEADERSHIP WOMEN IN THE WORKFORCE SCHOLARSHIP TALENT ATTRACTION & RETENTION PROFESSIONAL OUTREACH GLOBAL MALAYSIAN NETWORK ENGAGING MALAYSIANS ABROAD RESIDENCE PASS-TALENT MEETING TALENT NEEDS FACILITATING FOREIGN TALENT EMPLOYMENT PASS (CATEGORY II) EXPATRIATE SERVICES DIVISION BE OUR PARTNER ON OUR VARIOUS TALENT PROGRAMMES & INITIATIVES Women in the Workforce: Where are we? Women labour force participation in ASEAN Women Labour Force Participation Rate in 20121 49.5% 52.4% 70% 64.4% 72.8% 51.3% 49.5% 59.0% Malaysia Singapore Thailand Vietnam Indonesia participation in 2012, lowest in ASEAN improved in 20132, target is 55% by 2015 3public university enrolment, only 424% at top management in public listed companies Women labour force participation rate in Malaysia is single-peaked1 Women labour force participation by age group, % Japan Korea Double peak 1World Bank Malaysian Economic Monitor (November, 2012) Statistics 2Department of Double peak 3Utusan Malaysia Single peak Online 15/8/14 citing Pengarah Bgn. Pengurusan Kemasukan Pelajar, Kem. Pendidikan in the Workplace survey 2013 4TalentCorp-PwC Diversity Low female representation at senior levels 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% 8.6% 24% 38% 35% 38% • 8.6% women at Board level 91.4% 76% 62% 65% 62% Overall *Board Level Top Senior & mid Other Levels Gender Management management Composition Male Female Source: TalentCorp-PwC Diversity in the Workplace Survey of public listed companies (Sept 2013) * Board data based on MSWG 2013 Key Corporate Governance Statistics of PLCs in Malaysia • Only 24% women in top management Key reasons for women leaving the workforce Source: ACCA & TalentCorp’s report on Retaining Women in the Workforce Disclosure requirements in annual reports Various initiatives undertaken to inculcate diversity at the boardroom and workplace in Corporate Malaysia. % Women on Board Prime Minister’s announcement of the Government’s policy that women must comprise at least 30% of those in decision making positions in the corporate sector. 27 June 2011 9 April 2014 Launch of II Code Principle 5 of Malaysian Code for Institutional Investors 2014 (II Code) 1 launched by SC states that the institutional investors should asses the quality of disclosure made by investee companies on the diversity targets and policies including gender, age and ethnicity. 1 Malaysian Code for Institutional Investor 2014 27 June 2014 2 Jan 2015 Sustainability & Diversity Roundtable Session (by EPU & SC) Prime Minister highlighted the need for listed issuers to establish and disclose their diversity policies, covering gender, ethnicity and age for board & management. Annual report disclosure implementation date A diversity policy for listed issuers’ board of directors and workforce in terms of gender, age and ethnicity is applicable to all annual reports. Diversity policy and disclosure Women in Leadership Programme Women in the workforce initiatives D&I : Women in the Workforce Initiative PARTNERING WITH EMPLOYERS Retain Retaining women in the workforce through implementation of work life optimisation initiatives Return Bringing women on a career break back to the work-force through Return-to-Work programmes Rise to the Top Increasing women representation in senior management positions through mentoring efforts While gender diversity remains the primary focus, TalentCorp supports diversity and inclusion initiatives to enhance the talent value proposition. Diversity Advocates WHO Chua Chai Ping Strategy HR Business Partner APAC Accenture Dr. Florance Sinniah HR Director AMD Jenny Ooi Senior HR Director Agilent Technologies Nadiah Tan Abdullah HR Director Experian Malaysia Pun Tian Pouw (TP) Principal Korn/Ferry International Shankar Nagalingam APAC HR Director IHS Sugunah Verumandy HR Director GE Malaysia & Brunei Suriahni Abdul Hamid HR Advisor TalentCorp Vimaleswari Ramasamy HR Shared Services Director Intel Malaysia ROLES Ambassador for flexWorkLife.my Initiatives Provide guidance to implement FWA Facilitate Best Practice Workshops Influence Corporate Leaders on D&I Advocacy through Media CONTRIBUTIONS Compressed Work Week Job Sharing flexWorkLife.my ambassadors Career Comeback Flexi Hours, Telecommuting, Compressed Work Week Staggered Hours & Child Care Centre Best Practice Workshops Women’s Summit Media Profiling Media Profiling Family-Friendly Facilities Less than 30% of public-listed companies offer Family Friendly Facilities Designated Car Park TalentCorp-PwC Diversity in the Workplace survey 2013 Childcare Centre Mother’s Room Flexible Work Arrangements (FWA) Less than 35% of public-listed companies implement flexible work arrangements TalentCorp-PwC Diversity in the Workplace survey 2013 Flexible Work Arrangements (FWA) (cont.) • Approximately half of the respondents have plans to enhance their work-life benefits (48%) • Approximately one third have plans to introduce family friendly facilities (37%) and flexible work arrangements (34%) Flexible Work Arrangements TalentCorp-PwC Diversity in the Workplace survey 2013 Family Friendly Facilities Work-Life Benefits Visit flexWorkLife.my for more information! flexWorkLife.my aims to build a network of employers and talents to optimise worklife integration. The portal has a repository of the best practices in flexible working arrangements as well as family-friendly facilities. You will also find case studies, success stories and job opportunities which offer flexible working arrangements. What does flexWorkLife.my offer? Get that FlexiJob Tax Incentives Website : www.flexWorkLife.my Work Life Practices Events Diversity Advocates Email : [email protected] flexWorkLife.my : Sharing Best Practices (Sunway) flexWorkLife.my : Jobs with Flexible Arrangements Thank you @salikasuksuwan www.talentcorp.com.my www.flexworklife.my Follow us on Twitter : www.twitter.com/TalentCorpMsia Join us on Facebook www.facebook.com/flexworklife.my www.facebook.com/TalentCorpMsia