KUALA LUMPUR – Manulife Insurance Berhad has won the ‘Best Companies to Work for in Asia 2015’ award, in the Malaysian chapter. The annual award, run by HR Asia, recognizes the company’s work-life balance philosophy, employee benefits and recognition, as well as staff development. Manulife Insurance Berhad, which picked up the award for the first time, was the only life insurer to win.
HR Asia, a publication for human resources professionals across the region, recognizes companies that demonstrate exceptional employee engagement, a strong workplace culture and excellent development opportunities for employees. Manulife Insurance Berhad was one of 38 winning companies.
“We are honoured to win this prestigious award,” said Mark O’Dell, Group Chief Executive Officer, Manulife Holdings Berhad. “Our employees are our greatest asset and we continually strive to make Manulife a preferred company to work for. The employee retention rate of Manulife Insurance Berhad is high, with many starting their careers and retiring with us.”
David Thomas, Senior Vice President, Human Resources, Manulife Asia, added: “The award speaks volumes for our team in Malaysia. Creating a world class team and a high performance culture are key to accelerating Manulife’s strategy in Asia. Providing a first class working environment, recognizing and rewarding achievements as well as developing talent are an important part of that.”
In total, 250 companies across Malaysia, from a range of different industries including real estate, energy, finance and FMCG, took part in the awards. A select number of employees from each company were required to complete an HR Asia employee input survey and an employee engagement survey. A panel of HR experts, academics, journalists and government representatives chose the winners based on the survey results.
“These are some of the most scientific and extensive surveys on employee engagement and workplace practices in this region. Through these surveys, HR Asia has discovered that many of these companies – both local and international – have workplace practices that are on par with the best in the world,” said HR Asia Group Editor-In-Chief Datuk William Ng.