Maybank offers paid leave option for staff to pursue volunteerism activities

KUALA LUMPUR – Malayan Banking Bhd (Maybank) has started to offer its employees the option of one-month paid leave annually to pursue long-term sustainability and volunteerism initiatives.

In a statement today, the largest bank by assets in Malaysia said this is part of its effort to encourage greater employee involvement in sustainability-led activities and to promote a sustainability mindset among the employees.

Group chief human capital officer Datuk Nora Abd Manaf said to further encourage and empower Maybank’s employees, the policy allows them to volunteer at their own place, preference and time.

She said there is also the option of 1+1, whereby an additional month’s leave can be applied with the relevant internal approvals.

Maybank is committed to achieve one million hours per annum on sustainability and delivering one thousand significant sustainable development goal-related outcomes by 2025.

As of Sept 30, 2022, its employees have exceeded the annual target with nearly 1.09 million hours clocked on sustainability, whereby 56 per cent of total hours were spent on activities that directly contribute to the group’s long-term sustainability commitments. – Bernama / pic TMR File