Business Daily Media

.

Employee-Centric HR Policies Earn SABIC the Top Employer Award in APAC for a 10th Year Running

SINGAPORE - Media OutReach - 30 January 2023 - For the tenth year in a row, SABIC, a global leader in the chemicals industry, has been recognized as the "top employer Asia Pacific" by the Top Employer Institute, a globally accredited certification body.

SABIC's focus on empowered, people-centric leadership, and embrace of technology that makes processes simpler and easier, have been key to its continued success as companies pivot to new ways of working following the pandemic.

SABIC wins the Top Employer Award in Asia Pacific for the 10th year in a row.
SABIC wins the Top Employer Award in Asia Pacific for the 10th year in a row.

In addition to the regional award, SABIC also received the "Top Employer 2023" awards in five of its key Asian markets – China for the thirteenth year running, and India, Japan, Singapore and South Korea for the past ten years. SABIC employs 31,000 people globally, including 3,000 in 18 markets across Asia Pacific; its regional headquarters are in Singapore and Shanghai.

The announcement comes amid a period of significant, global transformation for employee management, as companies spent 2022 deciding how best to navigate changing expectations on people practices in the workplace. SABIC has embraced change by adopting technologies that ensure employees have the resources they need wherever they are based. During the pandemic, the Human Resources team began the roll-out of the HR One platform, building on its commitment to continually digitalize and centralize SABIC's employee value proposition and offerings. Acting as a "one-stop" online platform, HR One houses all the information and tools an employee might need from training to claim submissions. And, from 1 January 2023, employees will be able to apply for flexible work arrangements via HR One, following SABIC's July announcement that it is committed to a hybrid working model.

Meanwhile, leadership development programs have been the cornerstone of SABIC's ongoing success, enabling the empowerment and trust required in today's values driven, hybrid, and diverse work environment. The Asia Leadership Acceleration Program (ALAP) has been vital to SABIC's achievements in the region, ensuring the company is inculcating a growth mindset and encouraging agility in its leaders. Meanwhile, SABIC's recently launched Asia Empowerment Project was designed in response to feedback received in employee surveys in 2021 and will directly address four key areas related to low perception of empowerment that employees highlighted – Authority, Leadership Behavior, Continuous Improvement and Culture.

Commenting on the announcement, Mohammed Al-Nafea, General Manager, HR MEAF & Asia Regions, said, "This achievement has been possible because SABIC had the foresight to shift our leadership culture away from one focused primarily on process-driven competencies to one in which shaping balanced, empathetic, and transformational leaders was key. Without this shift, SABIC wouldn't have been able to navigate the challenges of the pandemic as adeptly as it did. The heart of our leadership model, 'Be the Impact', emphasizes people empowerment, and ensures an engaged, agile and collaborative workforce."

David Plink, CEO of the Top Employers Institute said, "Exceptional times bring out the best in people and organizations. And we have witnessed this in our Top Employers Certification Program this year: exceptional performance from the certified Top Employers 2023. These employers have always shown that they care for the development and well-being of their people. By doing so, they collectively enrich the world of work. We are proud to announce and celebrate this year's group of leading people-oriented employers: the Top Employers 2023."

SABIC's global programs, such as the U MATTER 22 roadshow and the AI chatbot "AMBER", complement regional initiatives, ensuring colleagues in Asia Pacific feel part of a greater whole. U MATTER was piloted in APAC in 2019 and today, delivers in-person and hybrid events in 44 cities around the world, designed to inspire employees with a sense of belonging. Meanwhile, SABIC's chatbot has been particularly valuable through the pandemic, acting as a two-way communication tool, with "AMBER" encouraging connection and dialogue by periodically asking colleagues for feedback about their experiences working at SABIC, as the company shifted to more flexible working. These programs have been well received, with an employee engagement rate of over 80 percent in the Asia Pacific region.

Mr Al-Nafea commented, "The competition to find and retain the best talent is now global, and employee engagement and well-being is a key element of this. Our leaders must be equipped with the right skills, mindset, and tools to grow and empower their people; care for their needs and inspire them to one day become leaders themselves. This award reaffirms SABIC's longstanding commitment to investing in human resources and supporting its people for a better tomorrow."

NOTES TO EDITORS

  • SABIC should be written in every instance in all uppercase.

Hashtag: #SABIC #TopEmployerAward #HR #hybridwork

The issuer is solely responsible for the content of this announcement.

About SABIC

SABIC is a global diversified chemicals company, headquartered in Riyadh, Saudi Arabia. It manufactures on a global scale in the Americas, Europe, Middle East and Asia Pacific, making distinctly different kinds of products: chemicals, commodity and high performance plastics, agri-nutrients and metals.

SABIC supports its customers by identifying and developing opportunities in key end-use applications such as construction, medical devices, packaging, agri-nutrients, electrical and electronics, transportation and clean energy.

SABIC recorded a net profit of SR 23 billion (US$ 6.15 billion) in 2021. Sales revenues for 2021 totaled SR 174 billion (US$ 46.6 billion). Total assets stood at SR 318 billion (US$ 84.9 billion) at the end of 2021. Production in 2021 stood at 58 million metric tons.

The company has more than 31,000 employees worldwide and operates in around 50 countries. Fostering innovation and a spirit of ingenuity, SABIC has 10,090 patents and pending applications, and has significant research resources with innovation hubs in five key geographies – USA, Europe, Middle East, South Asia and North Asia.

About TOP EMPLOYERS INSTITUTE

Top Employers Institute is the global authority on recognizing excellence in People Practices. We help accelerate these practices to enrich the world of work. Through the Top Employers Institute Certification Program, participating companies can be validated, certified, and recognized as an employer of choice. Established over 30 years ago, Top Employers Institute has certified 2 052 organizations in 121 countries/regions. These certified Top Employers positively impact the lives of over 9.5 million employees globally.

Top Employers Institute. For a better world of work.

News from Asia

Infobip announces new APAC leadership team to help businesses boost CX in the region

Appointments signal the company's commitment to Asia Pacific Infobip leads local and global businesses toward a conversational future ...

Healthy Seas joins hands with Ghost Diving Hong Kong to remove gill nets in Hong Kong

HONG KONG SAR - Media OutReach - 23 March 2023 - In conjunction with World Water Day, Healthy Seas is proud to announce it has expanded its geographic focus and launches activities to Hong Kong...

Association's newly elected management committee to focus on building a resilient society and a progressive life insurance industry

Key priorities for the year include bridging Singapore’s protection needs and financial gaps amidst rising inflation, enhancing the digitalisation journey for consumers and the industry, and supp...

Google Officially Partners with Respond.io, Bringing Google Business Messages to More than 10,000 Businesses Globally

KUALA LUMPUR, MALAYSIA - Media OutReach - 23 March 2023 - Respond.io, a leading customer conversation management software, announced today that they are now an official Google's Business Messages ...

Tanoto Foundation and Tsinghua University Launch First-Ever Bilateral Medical Scholarship

The bilateral medical scholarship between the National University of Singapore and Tsinghua University will be launched with a S$320,000 contribution from Tanoto Foundation SINGAPORE - Media OutRe...

Bybit Goes Live With ARB Token and a $400K Prize Pool

DUBAI, UNITED ARAB EMIRATES - Media OutReach - 23 March 2023 - Bybit, the world's third most visited crypto exchange, is proud to list the Arbitrum (ARB) token — along with a massive prize pool ...

The Fed raises interest rates despite the ongoing banking crisis

On Wednesday, 22 March 2023, the Federal Reserve continued its fight against inflation and once again raised interest rates by 0.25%. This move causes concern because the present banking crisi...

VinFast will deliver the first VF 9 batch on March 27, 2023

HANOI, VIETNAM - Media OutReach - 23 March 2023 - VinFast announced it will officially deliver the first batch of full-size VF 9 SUVs to customers on March 27, 2023...

Solomon Systech Announces 2022 Annual Results

Maintained a Steady Growth Momentum with Revenue Up 13.5% Mobile Display and Mobile Touch ICs Delivered Outstanding Performance Financial Highlights: Sales revenue increased by 13.5% to US$ 1...

LG’s Unprecedented Effort in Promoting Digital Art Through A Variety Of Collaborations

A Journey through Multiple Art Exhibitions hosted in Hong Kong, Creating The Best Digital Canvas with its No.1 OLED Screen Technology HONG KONG SAR - Media OutReach - 24 March 2023 - In recent yea...

Business Reports

Discover the Magic of Mykonos | From Luxury Resorts to Ancient Delos

Mykonos is a destination that needs no introduction. Nestled in the heart of the Aegean Sea, this enchanting island has captured the hearts of travelers from around the world with its dazzling beaches, glamorous nightlife...

Bondi Lifeguard, Harrison Reid, on creating ‘not just another mattress in a box brand’

Over the last few years, ‘self-care’ has been a term continually on the rise but for the most part, it’s purchases like – face masks, a Pilates class or taking yourself out for coffee – that comes to mind, not the bi...

Why businesses need to archive data to the cloud

Today, businesses are progressively retiring legacy applications and migrating to cloud as organisations are continuing to allocate and invest in new modern technology infrastructure. When migrating to cloud, organisations mus...