SOCIAL Partnerships with Educational Institutions CapitaLand recruits talent through a network of local and overseas universities, and attracts young talent with less than five years of working experience through its Graduate Development Programme. CapitaLand also partners with educational institutions to offer internships, as a means of discovering young talents at an early stage. Learning and Development CLAS is committed to building and developing a dynamic workforce and talent pool that enables CLAS to achieve its next phase of growth. CLAS seeks to equip employees with future-ready skills through various training programmes. CapitaLand has an in-house training hub, CapitaLand Institute of Management and Business (CLIMB), that provides appropriate training to help employees grow in their personal and professional capacities. Furthermore, CapitaLand allocates up to 3.0% of its annual wage bill towards employees’ learning and development programmes. Employees can participate in certified skills training programmes, personal development courses as well as industry seminars and conferences. Sponsorship of certified courses (such as diplomas, degrees or postgraduate courses) is available to support full-time employees in acquiring knowledge and skills which will assist them in their current roles or future planned appointments. Employees pursuing relevant training courses are entitled to 10 days of examination leave per calendar year. To cater to Ascott’s rapid expansion and development of human capital, the Ascott Centre for Excellence (ACE) is a global hospitality training centre approved by the SkillsFuture Singapore specialising in training for the hotel and accommodation services sector. ACE conducts training through proprietary programmes focused on competencies and skills in operational Monthly eDM on upcoming training programmes for employees From: climb@capitaland.com Subject: Monthly CLIMB EDM (Jul - Aug 2023) Date: 3 July 2023 at 3:18 PM To: UPCOMING PROGRAMMES This email is sent to #CL – All Staff (SGP) & #CLD - All Staff (SGP) readiness and service excellence, fostering knowledge exchange and providing upskilling opportunities. ACE, in collaboration with the Global Sustainable Tourism Council, recently launched its first run of the Sustainable Hotel Course, to jointly train and equip industry leaders and professionals in Singapore on sustainability. This collaboration contributes to Singapore’s hotel sustainability roadmap, which has a target of at least 60% of all hotel room stock in Singapore achieving internationally-recognised sustainability certifications by 2025. CapitaLand recognises the impact of technology in the workplace and implemented its Building Capabilities Framework to build a future-ready workforce with the digital mindset, competencies and capabilities to stay competitive in the future real estate landscape. In FY 2023, about 34% of CLAS’ employees1 participated in at least one digital-related training programme. Such training included transition awareness programmes on working and managing teams virtually, and cyber awareness training to acquire knowledge on how to detect potential cyber breaches especially with the increased reliance on digital services. In FY 2023, 84% of CLAS’ employees1 attended at least one professional training course, and 85% attended at least one ESG training. The average training hours per employee1 was approximately 28 hours. The average training hours was 26 hours for male employees and 31 hours for female employees. The average training hours was 33 hours for full-time employees, 12 hours for contract employees and 71 hours for employees who are above retirement age and rehired. Employee Benefits and Well-being CLAS believes that healthy workplaces help employees flourish and reach their potential. CLAS has in place a total well-being programme that promotes personal development, health and work-life balance. Initiatives include a comprehensive medical and benefits plan, paid maternity and paternity leave, flexible work arrangements (flexible working hours and locations) and subsidised rates for employees staying at Ascott properties. These benefits are also extended to parttime employees on a pro-rated basis. All staff are entitled to parental leave. CapitaLand also provides Family Event and Extended Child Care Leave for staff to care for their loved ones, including children, spouses, parents, parents-in-law, or siblings. This is over and above the legal requirement. CapitaLand adheres to the respective social security contribution or pension plan obligations of the countries where it operates. 49 CAPITALAND ASCOTT TRUST
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