Thursday, 07 April 2022 08:29

Retaining Talent for Business Stability

"At G&P, we value our talent as they are the company's main asset. This is why G&P introduced the company profit sharing concept which adopts the PLWS (Productivity Linked Wage System) approach. This concept enhances the staff's sense of belonging and in turn drives their output based on the Key Performance Indicators (KPI). The extent of benefits will increase based on other contributors including quality of work, sharing of knowledge with others and even guidance to other staff." - Dato' Ir. Dr. Gue Se Sew, Founder & CEO, G&P Geotechnics Sdn Bhd

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Monday, 07 March 2022 08:11

Profit-sharing Bonus Distribution helps Employee Retention and Business Sustainability

"Employees are the main asset of Thumbprints, where highly motivated and productive employees are those who receive good treatment from their employers. The welfare of employees is paramount at Thumbprints. To ensure that the company continues to grow and at the same time employees receive rewards commensurate with their contributions, Thumbprints began implementing PLWS around 2009. We have set strategic goals through ensuring a win-win situation between employers and employees. The implementation of PLWS has enabled the company to achieve its strategic goal of 5% increase in sales and 7% increase in profitability. At the same time, employee minimum annual gross income has reached RM24,000 in 2020, and is expected to increase to RM30,000 by 2023. This is one of our proudest achievements where employee productivity increased to 65% and the absenteeism rate was also able to be reduced to 15%. I believe that Thumbprints will remain competitive in the future, thanks to the support and contributions of all our productive employees.” - Mr. Tam Wah Fiong, Chairman, Thumbprints Utd Sdn. Bhd.

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Tuesday, 08 February 2022 12:17

A Small Business That Has Grown Big In Shamawar Elektrika Sdn Bhd

"Shamawar Elektrika had started in manufacturing products thats related to power and telecommunication industries consist of various line. As years past, we contin-ue to grow and moving towards fully automatic machine. Consist of various line. We manufactured medium voltage connectors, Isolators, overhead accessories, photocell, photoelectric control unit and more to serve the industrial needs and requirement. We Strengthen up our research and development on latest products to serve the expectation and future industry’s needs. We produce products up to customer standard, excellent quYean Chinty and reliability in a lean environment."

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Tuesday, 08 February 2022 12:01

Incorporating Continuous Improvements with PLWS Leads to Increased Productivity

Continuous improvements within a company’s existing system can help promote a healthy work culture and increased productivity. This is K Foil Insulation (Malaysia) Sdn. Bhd.’s (KFOIL) motto when it comes to its initiative in making the company more efficient. KFOIL primarily manufactures industrial-grade reflective insulation material, which pro-vides various energy-saving benefits for both industries and households.

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Tuesday, 08 February 2022 11:34

Various Incentives for Distribution of Wealth Leads to Business Sustainability

"The success in implementing PLWS in Denso has enabled us to improve the quality of production and therefore successfully export 70% of our production overseas. Two elements in PLWS, namely the dual focus on ‘Productivity’ and ‘Contributions & Others’, have been developed comprehensively and in the end enabled an increase in productivity by 6% every year. Through the element of productivity, annual increments are given based on a comprehensive evaluation covering various aspects. Meanwhile the maximum annual bonus of up to 4.7 months is something that makes our Associates motivated to continue to contribute to the sustainability of this business. Not only that, Denso can also save costs of up to RM5 million a year through the involvement of Associates in ICC and SS activities. This is the well-touted win-win situation that will be felt by organisations that implement PLWS." - Mr. Hideki Ito, Managing Director, Denso (Malaysia) Sdn Bhd

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Tuesday, 08 February 2022 11:25

Fair Distribution of Wealth through Productivity Linked Wage System Promotes Financial Sustainability

"PLWS is a significant approach in line with the vision and mission of indkom which focuses on producing high quality products to penetrate the international market. t is developed according to the needs of the organisation to ensure increased employee productivity through wealth sharing based on the performance of employees from various departments. Although each department has different indicators according to the output produced, at the end each employee gets bonuses and various incentives that are distributed fairly. The implementation of PLWS in Indkom started in 2019 and until now Indkom continues to use this approach which is very flexible and can be improved according to the current situation." - Tn. Hj Mohsin bin Shih Marai, Group Executive Chairman, Indkom Engineering Sdn Bhd

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Tuesday, 08 February 2022 11:17

Profit-sharing Bonus Distribution helps Employee Retention and Business Sustainability

"Employees are the main asset of Thumbprints, where highly motivated and productive employees are those who receive good treatment from their employers. The welfare of employees is paramount at Thumbprints. To ensure that the company continues to grow and at the same time employees receive rewards commensurate with their contributions, Thumbprints began implementing PLWS around 2009. We have set strategic goals through ensuring a win-win situation between employers and employees. The implementation of PLWS has enabled the company to achieve its strategic goal of 5% increase in sales and 7% increase in profitability. At the same time, employee minimum annual gross income has reached RM24,000 in 2020, and is expected to increase to RM30,000 by 2023. This is one of our proudest achievements where employee productivity increased to 65% and the absenteeism rate was also able to be reduced to 15%. I believe that Thumbprints will remain competitive in the future, thanks to the support and contributions of all our productive employees.” - Mr. Tam Wah Fiong, Chairman, Thumbprints Utd Sdn. Bhd.

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Thursday, 13 January 2022 07:56

Heralding PLWS as a Benchmarking Tool for Productivity: IMetal (M) Sdn. Bhd

The impact of PLWS onto IMetal, as quoted from the Director, is "tremendous." According to him, the programme encourages a 'Symbiotic Ecosystem', whereby the items needed to produce efficiency and consistent productivity are feeding into each other. At the same time, the benefits of the model contribute to Maslow's Hierarchy of Needs which is often what companies would like to achieve in the long run.

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Thursday, 13 January 2022 07:47

Aligning Employee Commitment through Productivity-Linked Wage System (PLWS): Bumi Emas Services

One of the major impact of implementing PLWS is BES was instilling enhanced morals or ethics within staff to be more productive. Since the company is small in size, the need to retain talent is a priority, therefore, it's to also ensure the stability of workers while reducing the need to retrench staff during challenging times. The PLWS model has also improved the work scope and strengthen teamwork which generally motivates work cooperation which reinforce unity. Teamwork promotes loyalty to work harder to support organisation objectives in accordance with the staff's skill. This will also increase the likelihood for the staff to move up from its current level.

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Monday, 03 January 2022 16:11

Peeking into the Best Packaging Business Practice

“After being in the market for almost 25 years, it was time for Multiplex to challenge itself by going out of its comfort zone. In the years of our operation, we never really focused on improving our work processes which could minimise our operational cost, but instead focusing on increasing our number of sales. When we joined the SPPE programme, we realised the importance of implementing Lean in our company and how it contributes to our profi ts as well. Upon completion of the programme, we were able to execute three Lean projects that made signifi cant impacts in our business operation. Through the projects, we identified the wastages in our work processes and came up with more than 11 Kaizen solutions that can reduce or eliminate the wastages and subsequently save our overall costs about RM300,000 in a year. Not only that, we also managed to achieve a zero reject rate that ultimately fulfi ls our customers' high quality demand and satisfaction.” - Mr. Ker Chong Liong, Managing Director, Multiplex Packaging Sdn Bhd

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