An employment relationship is a legal relationship between a worker and a company that confers rights and obligations to both parties. This relationship is determined by employment and commercial laws, where applicable. The disclosures for this topic addresses the scale of a company’s investment in training and the degree to which the investment is made across the entire employee base. In addition, employee turnover serves as a rudimentary representative indicator of the company’s prioritisation of employee management and wellbeing, as well as the personal development of individual employees, skills management, and the development of human capital within the company. It seeks to indicate the extent of the system applied and whether there is inequity of access to these opportunities; enhancing employee development and retention. Companies should take into consideration prescribed laws from the Malaysia Employment Act 1955 as the purpose is to increase and improve the protection and welfare of employees. This is to ensure that labour law provisions are in accordance with international labour standards.
| < Prev | Next > |
|---|
