ESG Report 2022

In order to retain professional personnel, the Group In 2022, the Group's employee turnover rate is has established a dual-channel promotion 13%, a 6% decrease from the 19% in 2021. The management system. Under the two-way average length of employment of male employees management system, employees can select in the Group in 2022 was 9 years, while the average management or professional function channels length of employment female employees in the based on their career development direction, which Group was 8 years. Both of these figures helps to improve the matching of employees' demonstrate the effectiveness of the Company's positions and give full play to employees' values. talent retention plan. The main consideration for promotion via the For our research and technology teams, we have management channel is the ability of the developed a special talent sequence and talent ma n a g eme n t p e r s o n n e l , i n c l u d i n g t e am mobility system. The design of the talent sequence management, judgment and decision-making, as follows the requirements of the organisational well as communication and coordination. Promotion development rules and is divided into research and via professional function channel focuses on development sequence, technical sequence, seniority, professional knowledge and experience, operation sequence, sales sequence, functional including job performance, level of professional sequence, and management sequence, laying the knowledge, experience and seniority. Upon foundation for cross-position mobility and upward application for promotion, employees will undergo and downward mobility of talents. Cross-position relevant promotion assessments such as job mobility is an important strategy for the company to qualification review, comprehensive evaluation of cultivate comprehensive talents and to lay the professional and technical skills or interviews foundation for the company to better realise its according to his/her grade and promotion channel. future commercial value. We encourage our Employees will be promoted after he/she passes employees to propose requirements for horizontal the promotion assessment and his/her application development in the direction of their strengths and is approved. to develop their multiple skills. 7.1.2 Talent Retention In order to boost employees' motivation at work and and appeals, and monitoring the effectiveness of facilitate employees' career development, the performance appraisals in accordance with the Group has established a comprehensive principles of performance appraisal. Employees' performance appraisal and promotion system. performance appraisal results will be used as the Under the performance appraisal system, the main reference basis for evaluating the employee's Group will regularly conduct comprehensive ability to take up the post, personal salary evaluations on employees' work performance, adjustment and job promotion, so as to offer training records, personal qualities, etc. based on employees rewards and promotion opportunities the nine principles of fairness, consistency and that they deserve. We also provide bonus to objectivity etc. The performance appraisal leading employees with outstanding performance or group is responsible for formulating performance employees who have made special contributions to management policies, handling related disputes the Group to strengthen their enthusiasm for work. 7.1.3 Employee Incentive College-Enterprise Cooperation with the Zhuhai Company To fully leverage the advantages of both To n g r e n P o l y t e c h n i c , G u a n g z h o u colleges and enterprises, give full play to the Pharmaceutical Vocational School, Qingyuan function of vocational education as a service to Polytechnic and Guangxi Medical College. The society, industry and enterprises, and promote company had also established a school- the cultivation of talents, based on the enterprise cooperation model to understand the principles of "mutual benefit and win-win" and resources of current students and graduates. "interaction and co-management", Zhuhai The company regularly participates in college- Company had signed a number of cooperation organised supply and demand meetings during agreements with several vocational colleges their respective graduations every year, giving such as Jangxi Pharmaceutical Technical priority to students who meet the company's College, Jangxi Pharmaceutical School, needs. Environmental, Social and Governance Report 2022 The United Laboratories International Holdings Limited 41