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About this survey Between July and August 2015, TalentCorp and PwC conducted a Diversity in the Workplace Survey to better understand the current diversity landscape in public listed companies, with the support of Bursa Malaysia.
Diversity in the Workplace 2015
Work-life practices
A survey of Malaysian Public Listed Companies
No. of companies
KLCI
Top 30
26
Other PLCs
31 to 100
41
101 and above
63
Total
18%
72%
Flexi hours
82%
Staggered hours
19%
13%
Telecommuting 81%
15%
10%
85%
For details on the different forms of FWA and case studies of how Malaysian employers have implemented them, visit: flexworklife.my
87%
90% Yes No
130 Reduced/ part-time work
Compressed work week
67 of Top 100 listed companies participated, representing 70% of Bursa’s total market capitalisation¹ 1 Bloomberg,
March 2015
Company type
Percentage (%) of Companies
Construction
5
Conglomerate
8
Fast Moving Consumer Goods
6
Financial Services
16
Manufacturing
12
Oil, Gas & Energy (including Utilities)
11
Palm Oil & Rubber (including Plantations/ Agriculture)
8
Real Estate & Property
15
Telecommunications & Media
10
Others²
9
² Others: Healthcare, Transportation & Logistics, Leisure and Automotive Trading
PwC:
Percentage of companies that offer family-friendly facilities or benefits
Percentage of companies that offer work-life related leave
More than half of the companies surveyed offer family-friendly facilities/ benefits
Majority of PLCs offer paternity leave and study/ exam leave to their employees as part of their worklife practices
60%
100%
52%
80% 40%
35%
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32%
40%
20%
20%
83%
60% 12%
11%
32%
30%
20%
0
0 Pregnant Mothers’ mother’s car room park
Support Childcare network subsidy
Childcare centre
Paternity leave
Percentage of companies with future plans to enhance or implement work-life practices
TalentCorp:
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90%
Only 10% of companies surveyed plan to enhance or implement work-life practices within a year
10% 48%
22%
Study/ Family Extended Sabbatical leave Exam care leave maternity leave leave
Within the year
More than 2 years
Between 1 to 2 years
No
5% 49%
10% 23%
20%
23%
Flexible work arrangements
Family-friendly facilities
33%
37%
20% Work-life benefits
Work-life practices
Coverage
28%
69%
Minority of companies surveyed have forms of FWA commonly practised internationally
The survey obtained responses from 130 listed companies, encompassing 1,094 members of the board and 464,092 employees in Malaysian public listed companies.
Company type
31%
Percentage of companies that offer flexible work arrangements (FWA)
100%
30%
39%
13%
5%
33%
67%
22%
40%
52%
32%
75 50
100
11%
12%
14%
19%
22%
22%
23%
27%
30%
30%
75 61%
87%
95%
78%
60%
68%
50
89%
88%
86%
81%
78%
78%
77%
73%
70%
70%
26% 23% 19%
20%
17%
10%
48% 25
31%
30%
8% 9%
9%
8%
25 1%
1%
41 -5 0%
31 -4 0%
21 -3 0%
11 -2 0%
110 %
0%
Fast Moving Consumer Goods
Financial Services
Conglomerate
Manufacturing
Real Estate & Property
Others
Telecommunications & Media
Oil, Gas & Energy
0 Palm Oil & Rubber
0
Construction
Non-Executive
Executive
Senior and Mid Management
Top Management
CEO
0
Board
3%
% of female in the organisation
3%
3% >6 0%
100
%
% of companies
%
No
70%
Gender composition by industry (Top Management)
Gender composition by organisation levels
Yes
Gender disclosure
39%
40%
Board Top Management
The chart is sorted by % Female
Ethnic composition
Bumiputera
Others
Chinese
Non-Malaysian
Indian
24% of companies surveyed have Top Management consisting of a single race Distribution of companies based on concentration of one ethnic group in Board or Top Management
30%
2% 2% 8%
1% 2% 7%
45%
48%
28%
12% 3% 7% 6%
6% 2% 6%
5% 1% 4%
8% 1% 8%
1% 5% 55%
69%
61%
58%
45%
8% 4%
10% 1%
14%
12%
32%
31%
30% 1% 7% 14%
13% 1% 4%
1% 5%3% 25%
29%
21%
20%
14%
14%
14%
10% 10% 8%
10%
12% 11%
10% 5%
72% 66%
-9
0%
91
81
71
-9
0% -8
0% -7
9%
0 61
53%
0%
48%
-6
46%
51
42%
0%
38%
-5
32%
41
25%
2%
Palm Oil & Rubber
20%
Telecommunications & Media
8%
Oil, Gas & Energy
0
Construction
Non-Executive
62% Executive
40% Senior and Mid Management
Age disclosure
37% Top Management
40% CEO
46% Board
Workforce
Overall
Top Management
3% 3% 5%
25 66%
Board
75 50
38%
25 0
31%
100
0%
9% 2% 7%
24%
23%
10
50
1% 3% 44%
% of companies
17%
12%
Others
63%
37%
75
10% 1% 5%
Financial Services
100%
8% 2% 7%
Manufacturing
83%
17%
100
%
Conglomerate
%
Ethnic disclosure
Ethnic composition by industry (Top Management)
Ethnic composition by organisation levels
Workforce
Real Estate & Property
Top Management
Fast Moving Consumer Goods
Board
% of one ethnic group in the organisation
Board Top Management
The chart is sorted by % Bumiputera
100%
63%
37%
43%
57%
Age composition
20-29
50-59
30-39
>60
31% of companies surveyed have no board members under 50 years old Distribution of companies based on representation of under 50 years old in Board or Top Management
40-49
40%
45%
40%
30%
31%
41%
20% 18%
50 10% 45%
9% 1% 14%
50% 12%
The chart is sorted by % under 50 years old
11%
10%11%
5%
5%
1%
0
0%
7% 1% 6%
45%
-3
8%
43%
21
6%1%
40%
0%
7%
14% 1%
39%
-2
39%
11
31%
%
9%4%
33%
10
0
26%
1-
4%
25
0%
39%
Fast Moving Consumer Goods
34%
Others
35%
10%
9%
14% 12%
% of under 50 year olds in the organisation
2%
3% 0%
39%
>6
41%
0%
38%
28%
-6
39%
30%
31%
51
50%
30%
0%
7%
-5
11%
41
5%
0%
6%
-4
13%
31
12%
Financial Services
7%
9%1%
16%
Construction
26%
15%
Telecommunications & Media
13% 3%1%
36%
31%
75
10%
Manufacturing
33%
34%
38%
100
20%
Real Estate & Property
34%
39%
%
Oil, Gas & Energy
Non-Executive: Clerical, administrative and operational positions that typically do not require tertiary education
45%
41%
1% 12% 17%
Palm Oil & Rubber
Executive: Positions that report directly to mid management
0
21%
20%
1% 8% 19%
Conglomerate
Senior and Mid Management: Executives who report directly to top management
25
12%
1%
Non-Executive
50 Top Management: Executives who report directly to the CEO or who are members of the management committee
13%
Executive
75
22%
Senior and Mid Management
For best practices on disclosure, please download the ‘Diversity and Inclusion Disclosure - A good practice guide’ at http://bit.ly/1fYZQo8
100
49%
Top Management
Disclosure is defined as written text / charts / graphs / images indicating the gender, ethnicity or age
1%
CEO
%
Age composition by industry (Top Management) % of companies
Age composition by organisation levels
Workforce
Board
Top Management
Overall
Board
Board Top Management
Diversity disclosure / Workforce composition
Breakdown Beyond policy, disclosure on diversity by KLCI companies in terms of composition of board, top management and workforce by gender, ethnicity and age is as follows:
Distribution of companies based on representation of women in Board or Top Management
51 -6 0%
The annual reports and annual sustainability reports of KLCI companies were examined to ascertain disclosure of diversity policy and data, and the following were the findings: Diversity Policy 22 out of the 30 KLCI companies have some form of diversity policy encompassing board and workforce stated in their annual reports or annual sustainability reports
31% of companies surveyed have no women on boards while 19% have no women in Top Management
Female Male
Overall
Diversity disclosure
Gender composition