Cambridge Industrial Trust - Annual Report 2014 - page 31

Our employees are expected to excel in their own fields
and to provide appropriate support to other teams when
required. As such, we continue to develop our staff through
internal and external trainings and expose them to cross-
learning whenever possible. As at 31 December 2014, each
employee clocked an average of 34 training hours, which
is higher than our annual requirement of 20 training hours.
We continue to encourage our staff to remain relevant
and competitive and have put in place a Scholarship
Programme. During the year, we supported a total of four
employees in their upgrading programmes. In addition to
financial support, employees are given up to ten days of
study leave days per year.
In addition, we partnered with Temasek Polytechnic for
our Internship Programme. Under this programme, an
intern was assigned to assist in the finance department
for three months. Progress of the intern is monitored by
the Financial Controller.
STAFF BENEFITS
We are committed to being an “Employer of Choice”
and we advocate high performance without sacrificing
personal growth, health and happiness.
We exercise flexiblework arrangements, such as staggered
working hours and work-from-home schemes, to help
our employees to manage their personal commitments
without comprising their work. We are able to do so by
ensuring that our IT infrastructure is capable of operating
offsite in a secure manner.
This year, we have participated in Centre for Fathering’s
“Eat with Your Family Day” where employees are required
to leave the office earlier and have dinner with their family.
Our annual team building event was held in Bintan,
Indonesia. During the event, staff were engaged with
activities that focused on improving communication
practices, sharing responsibilities, managing change and
uncertainties and critical thinking. Such activities help us
to improve the staff’s camaraderie.
Our Flexible Benefit Scheme (“FBS”) continues to be
the most preferred type of benefit in the company as it
allows employees to use the scheme for medical, travel
and personal development expenses. Such expenses
are also extended to the employees’ immediate family
members. The FBS also includes a travel component
where employees can take a break without worrying
about travel expenses. Medical expenses reimbursement
remain the core of the FBS with a 61% take-up rate.
We continue to focus on improving our employees’
well-being through our Physical and Mental Health
Programme, and we were very pleased to receive the
Gold Award for the Singapore HEALTH Award 2014,
awarded by Health Promotion Board in March 2015.
This Award sums up the Management and Staff’s
commitment to creating a healthy and nurturing
workplace.
REWARDS AND RECOGNITION
We appointed an external Remuneration Consultant
to conduct a review of the Company’s remuneration
framework to ensure that we remain competitive against
our peers and to continue to reward our employees fairly.
Our Employee Share Incentive Scheme, where portion of
the Manager’s CIT Units are distributed to the employees
is focused on aligning the interests of the employees with
that of the CIT’s Unitholders.
This year, we have a total of five employees who have
reached their 5-year milestone with the Company.
We also rewarded employees who embodied the
Company’s Core Values of “Professionalism”, “Integrity”,
“Passion” and “Team Spirit”. We also recognised an
employee as our “Health Champion” for her active
participation in all Company PMHP events.
TRAINING AND DEVELOPMENT
CAMBRIDGE INDUSTRIAL TRUST | A WINNING FORMULA
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