New World Group awarded for its caring culture
New World Group (the “Group”) has always regarded their staff members as the most valuable assets, and continues to create and implement a variety of innovative and diversified programmes to meet their personal needs. With the Group's commitment to fostering a family-friendly culture, the Group and its 11 subsidiaries have earned the Family-Friendly Employer titles in the 2015/16 Family-Friendly Employers Award Scheme. New World Development Company Limited and NWS Holdings Limited were named Distinguished Family-Friendly Employers 2015/16, exemplifying the Group's excellent performance in family-friendly initiatives. NWS Holdings Limited and New World Facilities Management Company Limited also won "Awards for Breastfeeding Support" this year, to commend employers that provide suitable facilities in the workplace to support employees who are breastfeeding.
The Group values the well-being of all staff and is committed to maintaining and promoting a family-friendly work environment that advocates work-life balance and harmony in the family. True to the spirit of Artisans, the Group has introduced a series of human resource measures and benefits, which not only cater to the needs of the staff, but also to their families. The Group is dedicated to continuing the caring culture with more innovative and family-friendly initiatives, so as to build the Artisanal Community!
The 2015/16 Family-Friendly Employers Award Scheme is organised by the Home Affairs Bureau and the Family Council, with Chief Secretary Carrie Lam as the officiating guest at the presentation ceremony. The Award Scheme recognises employers who attach importance to the family-friendly spirit, encourages them to continue to put in place measures to raise employers' awareness of the importance of family core values, and aims to foster a pro-family culture and environment. An assessment panel comprising experts and representatives from various sectors will assess the applications and select the awardees with reference to criteria, such as family-friendly employment policies and practices, the rationale behind, the benefits of implementation to both employers and employees, and management commitment.
About New World Development Company Limited
Founded in 1970, New World Development Company Limited (“The Group”, Hong Kong stock code: 00017) was publicly listed in Hong Kong in 1972 and is a constituent stock of the Hong Kong Hang Seng Index. A premium brand infused with a unique personality defined by The Artisanal Movement, New World Group’s core business areas include property development, infrastructure and services, department stores and hotels. As of 30 June 2016, the total asset value of the Group amounted to HK$392.1 billion. The Group has an effective interest of approximately 61% in NWS Holdings Limited (Hong Kong stock code: 00659), approximately 72% in New World Department Store China Limited (Hong Kong stock code: 00825). New World China Land Limited is wholly owned by the Group.