RE-SCHEDULED - FMM HR Conference 2014: Enhancing Competitiveness in Meeting Human Resource and Industrial Relations Challenges - CS/24/2014
Two major policies i.e. minimum wage & minimum retirement age have:
- Increased labour costs
- Resulted in the loss of productivity-linked wage components
- Upset succession planning, especially those already in progress
- Required an across-the-board review of reward systems, etc.
Employers continue to find it challenging in implementing wage systems that commensurate with productivity increases. Businesses have to remain competitive in increasingly global and open markets, even regionally with the formation of the ASEAN Economic Community by 2015 which is expected to facilitate labour mobility across States.
Employment related legislations would therefore have a critical role in helping companies to manage some of these challenges and to remain competitive in business as well as in retaining talents and workers.
FMM’s 8th HR Conference aims to provide solutions for challenges such as:
- Tools to enhance performance and productivity
- Innovative compensation & benefits programmes to retain employees
- Re-aligning the workforce to changes in employment laws
- Challenges in incorporating productivity-linked wage system into Collective Agreements , updates on trends and court awards
- Comparative analysis of termination and dismissal laws in ASEAN vis-à-vis Malaysia and current trends on court awards
- Understand an employer’s rights and obligations in the protection of employees’ personal data