AI Content Chat (Beta) logo

MENU PLACES PEPEOOPLPLEE PARTNERS PERFORMANCE PERFORMANCE (ENVIRONMENT) (ECONOMIC) People 2022 Progress Employment Profile Talent Attraction Talent Management Occupational Health and Safety Diversity and Inclusion Volunteering Talent Attraction HKEX Creating an Industry-leading Work Environment for our Employees Aspect B1 Our employees receive competitive remuneration packages with a variety of benefits. In Hong Kong, these packages include medical care, retirement schemes and discretionary bonuses, while in the Chinese Mainland, in addition to social insurance and housing funds, employees are provided with medical care and discretionary bonuses. Swire Properties strives to ensure that every employee receives regular, objective, fair, and open assessments of their performance and is rewarded accordingly with merit-based incentives. We have a Performance and Development Review (“PDR”) system in place to streamline our assessment processes and ensure consistency across the Company. Our office employees align their annual performance goals with each SD Pillar. In 2021, we identified a job evaluation platform and completed the job evaluation process – a key building block of Swire Properties’ new Rewards Philosophy, which is designed to ensure that our employees receive fair pay internally and a competitive salary within the industry. The project began in 2022, with the development of the Rewards Philosophy framework scheduled for completion by Q4 of 2023. Our employer branding communication strategy, launched in 2020, ensures that we continue to attract and retain talent. Our 2025 KPIs contain targets relating to talent attraction and retention which will support our long-term plan of being identified as a “preferred employer” by 2030. Since 2020, we have taken a blended approach to onboarding interns and trainees. While traditional in- person visits to our portfolios still take place, some orientation is now conducted online via our internal learning platform. This platform has become part of our regular onboarding practices. New joiners may access the platform at any time to familiarise themselves with the Company by reading articles, completing quizzes and watching videos of department representatives sharing their experiences. This popular and efficient approach cuts down on the manpower involved in the orientation process, and serves as a blueprint for future recruits, regardless of their onboarding date or location. Total New Hires, by region Number Percentage Hong Kong 662 43.2% Chinese Mainland 690 45.1% Miami, U.S.A. 179 11.7% Total 1,531 SUSTAINABLE DEVELOPMENT REPORT 2022 85

Sustainable Development Report 2022 - Page 86 Sustainable Development Report 2022 Page 85 Page 87