CapitaLand Integrated Commercial Trust - Annual Report 2021

to clearly define performance and compensation expectations. Supervisors are encouraged to provide regular feedback on employee performance. Re-employment Opportunities Subject to business needs and work performance, employees who are able and willing can continue their employment with CICT beyond the statutory retirement age of 62. The Group continues to employ these individuals at their last drawn salary if their work scope and responsibilities remain unchanged under its re-employment policy. The efforts and initiatives are in line with the Tripartite Guidelines on Managing Excess Manpower, which covers the retraining and redeployment of workers, the implementation of flexible work arrangements and a flexible wage system to manage wage costs. The guideline was jointly established by the Singapore Ministry of Manpower and its tripartite partners, Singapore National Employers Federation and the National Trades Union Congress. 17 employees aged 62 and above were re-employed in 2021. Freedom of Association CICT upholds employees’ rights to freedom of association and adheres to the Industrial Relations Act by permitting employees to be represented by trade unions for collective bargaining. CapitaLand and the Singapore Industrial & Services Employees’ Union maintains a harmonious relationship and work together cordially, seeking to foster positive work environments and raise productivity for the mutual benefit of the staff and the firm. No employee health and safety concerns were raised by the union. Employee Profile Of the total 646 employees in 2021, there were 279 males and 367 females. EMPLOYEE GENDER DIVERSITY PROFILE 2021 2020 Male Female 57% 54% 43% 46% Of the total female employees, about 32%were in the management level (manager and above) in 2021. Of the 187 employees in the management level, 118 or 63.1% were female. 100% of the senior management (C-suite and Department Heads) were locals. EMPLOYEE PROFILE BY SENIORITY AND GENDER EMPLOYEE PROFILE BY AGE AND GENDER 2021 2021 Female Female 2020 2020 Male Male Non-Executive Executive Management < 30 years 30 - 49 years >= 50 years 29% 23% 32% 15% 28% 63.1% Female 64.7% Female 23% 25% 34% 35% 61% 44% 66% 31% 62% 24% 54% 36% 16% 24% 19% 41% 15% 51% 12% Employees between the ages of 30 to 49 accounted for 61% of the workforce, while those below 30 were around 16%. As at 31 December 2021, approximately 61.5% of our employees had been working for the Trust for five years or longer. Annual Report 2021 165 Stakeholders and Communities