Creating an Industry-leading Work Environment for our Employees
Our employees receive competitive remuneration packages with a variety of benefits. In Hong Kong, these packages include medical care, retirement schemes and discretionary bonuses, while in the Chinese Mainland, in addition to social insurance and housing funds, employees are provided with medical care and discretionary bonuses.
Swire Properties strives to ensure that every employee receives regular, objective, fair and open assessments of their performance and is rewarded accordingly with merit-based incentives. Our annual Performance and Development Review (“PDR”) streamlines our assessment processes and ensures consistency across the Company. Our office employees align their annual performance goals with the SD Pillars.
Swire Properties promotes collaborative and regular conversations and continuous feedback to ensure that objectives and goals are aligned and adjusted in an agile manner. In 2023, management level employees in the U.S.A. portfolio received a multidimensional performance appraisal, in the form of a “360+ degree” survey. Feedback was collected from their peers from a cross section of departments, direct reports and managers to provide a 360-degree view of employee performance. These employees were encouraged to discuss the findings with the team and identify any follow-up actions.
Our employer branding communication strategy, launched in 2020, ensures that we continue to attract and retain talent. Our 2025 KPIs contain targets relating to talent attraction and retention which support our long-term plan of being identified as a “preferred employer” by 2030. Our recruitment and onboarding experience aims to bring our brand to life.
Our pre-boarding and onboarding experience leverages on technology, whilst maintaining an in person experiential induction.
Total New Hires, by region
Number
Percentage
Number
717
Percentage
44.6%
Number
717
Percentage
44.6%
Number
789
Percentage
49.0%
Number
789
Percentage
49.0%
Number
102
Percentage
6.3%
Number
102
Percentage
6.3%
Number
1
Percentage
0.1%
Number
1
Percentage
0.1%
Number
1,609
Percentage
Number
1,609
Percentage
Swire Properties Remains One of Hong Kong’s Most Attractive Employers
Swire Properties was once again recognised as one of Hong Kong’s most attractive employers this year, receiving multiple brand and HR awards. We were named one of Hong Kong’s most attractive employers at the Randstad Employer Brand Awards 2023, and received three Grand Awards at the CTgoodjobs Best HR Awards 2023.
The Randstad recognition further underscores our commitment to investing in our people to create an open, inclusive and rewarding workplace environment with an emphasis on gender equality and diversity. We have been ranked in top 10 of the Employer Brand Awards every year since 2017. These awards rank the employer attractiveness of Hong Kong’s 75 largest commercial companies and institutions that are known by at least 10% of the local population. This year’s awards saw 2,750 local respondents rate companies on their relative employer brand awareness and attractiveness.
Swire Properties’ three CTgoodjobs Grand Awards recognised our efforts to offer our people fulfilling, life-changing careers. The awards were given in the Employer of The Year, Best Corporate Social Responsibility and Best ESG categories.
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Our Talent Attraction Programmes
Swire Properties believes in creating an industry-leading work environment for our employees. A significant component of our talent attraction offerings are our comprehensive training programmes, including our Technical Trainee Programme tailored to building surveyors and engineers; the Swire Hotels International Management Trainee Programme for would-be hotel managers; the Swire Management Trainee Programme for high-performance, high-potential individuals; the Swire Finance Programme for future finance leaders; and various summer internship programmes for intelligent and curious students.
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Continuing to Deliver on our Employee Value Proposition
Our reputation as a respected and valued employer – our employee value proposition (“EVP”) – is defined by four core themes which reinforce our position as a modern, forward-looking, creative company that is proud of the mutual respect and trust that exists between employer and employees:
- Building Trust through adherence to impeccable professional and ethical standards, and a rigorous and respectful internal culture.
- Building Pride in the quality of our projects, and the imagination, invention and openness to innovative ideas that deliver ingenious and inspiring solutions.
- Building Futures, because long-term thinking is central to our commercial ethos, not only in the responsible, sustainable legacy we leave for future generations, but in the lasting and wide-ranging development of our staff.
- Building Communities by transforming the places where people live, work, stay and play to best effect.
This EVP is part of our wider Employer Brand story in which the combined skill, imagination and creativity of everyone at Swire Properties has enabled us to transform the places where we operate, create new and thriving communities, and redefine our proactive responsibility for a sustainable future.
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