In FY 2024, the Property Management business and Hotels & Serviced Apartment operations accounted for 95% of the Group’s total new hires and 87% of total employee turnover. The elevated turnover rate, particularly among frontline staff in these segments within the PRC, aligns with industry norms and reflects the operational characteristics of these labour-intensive sectors. Notably, the figures for new hires and turnover include internal transfers between different business segments within the Group. EMPLOYMENT | MANAGEMENT APPROACH Number and Rate of New Hires by Region, Gender and Age Group FY 2024 FY 2023 Number Rate Rate Total 3,025 28% 36% By Region Singapore 75 21% 30% PRC 2,900 29% 37% Other Countries 50 17% 26% By Gender Male 1,942 30% 38% Female 1,083 26% 33% By Age Group 30 years old & below 1,300 58% 73% 31- 50 years old 1,339 22% 28% 51 years old & above 386 17% 20% Number and Rate of Turnovers by Region, Gender and Age Group FY 2024 FY 2023 Number Rate Rate Total 4,441 42% 36% By Region Singapore 86 24% 31% PRC 4,292 43% 37% Other Countries 63 21% 32% By Gender Male 2,784 43% 36% Female 1,657 39% 37% By Age Group 30 years old & below 1,810 81% 67% 31- 50 years old 1,802 29% 30% 51 years old & above 829 36% 23% Contents Introduction Approach to Sustainability Upholding Good Governance Caring for Our Customers Empowering Our People Preserving Our Planet Creating Shared Value for Our Society GRI Content Index 43 Yanlord Land Group Limited Sustainability Report 2024
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