Caring for staff well-being and providing an ideal workplace
New World Development Company Limited("The Group", Hong Kong stock code: 17) believes its employees are its most important asset. It strives to create an harmonious workplace for its staff members and enable them to achieve a work-life balance. The Group and its subsidiaries NWS Holdings Limited and New World Department Store China Limited recently won the Family-Friendly Employers awardsin the first Family-Friendly Employers Award Scheme held by the Family Council, in recognition of the Group's long-standing commitment to promoting family-friendly practices in the workplace.
The Group places great emphasis on staff wellbeing. To ensure an optimum work-life balance, the Group has introduced five-day week and offered extra holidays to employees on special occasions, such as birthday leave, 3-day paid paternity leave for employees to take care of their wife and newborn baby. The Group also holds birthday parties every month to celebrate the special day of each employee.
The Group is dedicated to promoting a healthy lifestyle for its staff members. It recently held the first ‘New World Group Fun Day' for employees and family members to enjoy a welcome break and strengthen bonding between colleagues. The Group also arranges a wide array of interest classes and recreational activities to promote family harmony. Belief in staff training is an important, long-term policy for the Group. It runs a variety of training courses as part of its effort to enhance its workforce and enable its employees to keep abreast of markets and trends. The Group has an active staff engagement policy in place to encourage two-way communication with employees which in turn helps further loyalty to the company.
New World Development Company Limited
New World Development Company Limited (Hong Kong stock code: 17) is a leading conglomerate based in Hong Kong. The Group was founded in 1970 and publicly listed in Hong Kong in 1972. It is a constituent stock of the Hang Seng Index with a total asset value of HK$229.1 billion.
In the last four decades, the Group has expanded from a single focus on property business to four core areas: property, infrastructure, service and department store. The Group has an effective interest of 59.8% in NWS Holdings Limited (Hong Kong stock code: 659), 70% in New World China Land Limited (Hong Kong stock code: 917) and 72.3% in New World Department Store China Limited (Hong Kong stock code: 825).