Beyond Paychecks TNB’s Bid in Fostering Employee Happiness with Enhanced Non-Salary Benefits
In today’s competitive job market, employee benefits are not limited to merely paycheck. Many employers, including Tenaga Nasional Berhad (TNB), provide a range of benefits to support all their employees. However, we believe in going beyond the basics to create a supportive and thriving work environment. We know that a well-taken-care-of TNB family boosts morale and productivity and significantly reduces turnover rates. Our commitment is to meet our employees halfway by regularly reviewing and enhancing our policies to support them in every possible way. Below are the non-salary benefits provided to TNB Company Employees.
Employee Regular Performance and Career Development Review
To support employees in achieving TNB’s business strategic objectives and goals, we have developed TNB Performance Management as an integrated and continuous approach. It consists of performance planning (including individual KPI alignment to business requirement), performance monitoring and performance evaluation. These processes are to ensure and drive performance excellence mindset and culture of all TNB employees towards TNB aspiration and strategies.
Performance conversation plays a significant role throughout TNB Performance Management cycle, where all processes in the performance cycle require performance conversation between immediate managers and subordinates to achieve high performing culture. Annual structured performance conversations occur at least four (4) times, enabling employees to constantly strive and improve their performance, focusing on measuring progress and always working to be better. In year 2023, all 26,607 TNB company employees (100%) received regular performance and career development reviews.
Common and Basic Non-Salary Benefits
To ensure that our employees can maintain a healthy work-life balance, we offer a variety of essential benefits and ensure the benefits are compliance to Employment Act 1955 e.g Public Holidays, annual leave, sick leave, maternity leave and paternity leave. On top of that, TNB also provide other leaves which can accommodate for other occasions e.g. compassionate leave, marriage leave, study leave etc
TNB’s Commitment to Enhanced Employee Benefits
While the common benefits form the foundation of our employee support, we understand that offering unique benefits can make a significant difference in the lives of our employees. These benefits are designed to address specific needs and challenges, providing additional support where it’s most needed. Here are some of the ways we go above and beyond:
1. Flexible Working Arrangement (FWA) Policy
Our FWA policy allows eligible employees to work from home. This flexibility helps reduce commute time and increase productivity. Many of our employees have reported improved work-life balance and job satisfaction whilst working from home. By reducing the need for daily commuting, employees save on transportation costs and have more time to focus on their personal lives, leading to a healthier work-life balance.
2. Childcare Facilities (TNB Educare Programme)
We offer subsidised childcare for TNB employees with children between 2 months to 4 years old at selected locations, significantly easing the burden for working parents. This benefit allows their parents to focus on their work with peace of mind. Providing reliable childcare helps reduce absenteeism and tardiness, as parents are assured their children are in safe and nurturing environments close to their workplace. This supports our employees wellbeing and enhances their productivity and engagement at work.
3. Quarters
TNB provides quarters/board rental housing for eligible employees who are involved in core operations of the company.
4. Religious Leave
Recognising the importance of religious observances, we offer Pilgrimage Leave for Muslim employees and Religious Leave for non-Islamic faith. This special leave allows employees to participate in significant religious events without using their annual leave, fostering an inclusive and supportive work environment. By respecting and accommodating diverse religious practices, we create a workplace culture that values and supports all employees. This benefit demonstrates our commitment to diversity and inclusion, ensuring that all employees feel respected and valued.
5. Medical Benefits
The Company shall provide all Employees and Dependants with free medical treatment and medicine.
6. Holiday Accommodation
The Company provide holiday accommodation exclusively for its Employees at holiday resorts and major towns in Peninsular Malaysia with nominal rent.
7. Welfare Assistance
TNB provides welfare support (financial and non-financial) e.g disaster relief, death, prolonged sickness and injury.
8. Long Service Award
Recognition given to employees who have completed a significant length of service with TNB. This is to acknowledge the employee’s dedication, loyalty, and contributions to the company over an extended period. It serves as a token of appreciation and helps boost employee morale and retention.
9. Personal Accident Group Insurance Benefits
Where an employee dies or suffers permanent disablement due to accident, lump sum payment shall become payable under Company’s Personal Accident Group insurance Benefits.
10. Housing/Car Loan (Loan Interest Reimbursable Scheme)
TNB do provide housing/car loan (loan interest reimbursable scheme) to employees. This is a valuable way to support employee’s financial well-being.
11. Majlis Anugerah Persaraan (Jasamu Dikenang)
Majlis Anugerah Persaraan (Jasamu Dikenang) is to recognize and honour the dedicated service and contributions of employees who have reached their mandatory retirement age of 60. This annual event serves as a platform to acknowledge the commitment, hard work, and achievements of retiring employees who have played a significant role in the growth and success of the company.
By celebrating their invaluable contributions, the company aims to foster a culture of appreciation and respect, reinforcing the importance of every individual’s role in the organization.
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