Maybank announces paid leave option for staff to pursue volunteering

The bank calls it a part of its efforts to encourage and foster a sustainable mindset within the workforce

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Maybank, Malaysia’s largest financial services group, has started offering one-month paid
leave for its employees to pursue long-term sustainability and volunteerism initiatives.
Reportedly, this is one of the bank’s initiatives to encourage and support employee
involvement in sustainability-led activities and to promote a sustainability mindset among
Maybankers.

As per a report by The Job Thing, the largest bank in Malaysia has announced this as a part
of its efforts to encourage and foster a sustainable mindset within the workforce.
Datuk Nora Abd Manaf, group chief human capital officer, Maybank, also said, “To further
encourage and empower Maybank’s employees, the policy allows them to volunteer at their
own place, preference and time.”

She also mentioned the 1+1 option, which allows for the application of an additional
months leave with the necessary internal clearances.

In its long term plan, by 2025 Maybank aims to have spent one million hours a year on
sustainability and produced one thousand important results that are connected to SDGs
(sustainable development goals).

This initiative has already found many takers and nearly 1.09 million hours have been spent on sustainability by its workers as of September 30, 2022, exceeding the yearly objective, with 56% of all hours spent on activities directly advancing the group's long-term sustainability ambitions.

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