Japfa has long been regarded as an employer of choice and
a company that views each employee as a treasured asset. The
value of this harmonious relationship has been demonstrated
during the recent period of social and political uncertainty.
In an external environment
where there were many instances of serious labor unrest, Japfa’s
employees have remained loyal and have worked hard to safeguard
Company property and assets.
Japfa has a workforce of
more than 10,000 of whom a substansial proportion has served
the Company since its inception. This has given Japfa a competitive
edge as employees’ longstanding familiarity with customers
and an intimate understanding of their needs have enabled
the Company to respond quickly and surely to changes in customer
requirements.
To maximize the contribution
of each employee, the Company has put in place a Performance
Management System that specifically links performance bonuses
with the quantitative targets achieved by each employee.
Such a system should
facilitate a more objective evaluation of performance as well
as provide an avenue for employees to maximize their potential.
Changes are also being made
to Japfa’s human resource policies and practices. One
positive benefit of these changes has been the improvement
of communication and co-ordination across different divisions
and getting people to work more closely with each other. To
support this, Japfa has introduced a company intranet, a common
updated database on human resource information and an internal
communications bulletin.
Consistent with the belief
that people are one of its most precious resources, the Company
is increasing its effort to attract and retain the best people
available.
Japfa is also investing heavly
in the development of its employees with a view to maximizing
their potential and contribution to the Company. A process
of identification, selection and the grooming of talent has
been implemented with the aim of rotating outstandingindividuals
that have the potential to take on greater roles through different
jobs.
Japfa firmly believes that
its emphasis on human resources, together with its ability
to deploy and leverage people across different areas, is a
differential advantage which puts Japfa one step ahead of
its competitiors.
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