Human Resource Management Best Employers in Malaysia

Question: Discuss about theHuman Resource Managementfor Best Employers in Malaysia. Answer: Justification of the Best Employer Award given by Aon Best Employers in Malaysia The ten companies of Malaysia to which Aon has provided Best Employers Award have an engagement score increased to 87% from 83% in 2016. Besides this, there is also an increase in the revenues and profits by 33% and 62% in comparison to market average (Webmaster, 2016). The other reason of providing awards to the companies is that the companies have increased the empowerment value of employees by adopting new digital technologies which has resulted in overall performance and productivity of the companies. Along with this, the companies has also engage and encourage employee participation in the decision making process which in turn increases the commitment and loyalty of employees towards the organization (Harzing Pinnington, 2014). Along with this, employers also consider the needs of their employees due to which there is a decline in the employee absenteeism and employee turnover rates in such companies. Adoption of new technologies by the companies facilitates in increasing the productivity of the employees. It encourages employees to work with full potential and low stress levels (Harzing Pinnington, 2014). Along with this, financial benefits are also provided to employees like bonus, and other prerequisites which help employees to make a good balance between their personal and professional life. Emergence of digital technology also provides employees to work from their convenient place and fulfill the needs of its customers. This has helped in increasing its sales and profits. Along with this, use of digital technology also helps in providing consumer grade experiences to employees through the use of digital HR technologies (Web master, 2016). References Webmaster. (2016). Aon Announces Ten Best Employers in Malaysia for 2016. Retrieved from: https://www.smartinvestor.com.my/aon-announces-ten-best-employers-in-malaysia-for-2016/ Harzing, A.W. Pinnington, A. 2014. International Human Resource Management. London: Sage