TALENT ACQUISITION AND RETENTION

New Hires

CDL made 91 new hires in 2018, at a new hire rate of 22%. Out of these 91, 67 were replacements for existing positions and 24 were for newly created positions.

EMPLOYEE DEMOGRAPHICS – NEW HIRES
(%)

30 years old and below
Female: 22% | 20
Male: 5% | 5
Total: 27% | 25
31-40 years old
Female: 34% | 31
Male: 15% | 14
Total: 49% | 45
41-50 years old
Female: 9% | 8
Male: 9% | 8
Total: 18% | 16
51-60 years old
Female: 2% | 2
Male: 2% | 2
Total: 4% | 4
61 years old and above
Female: 0% | 0
Male: 1% | 1
Total: 1% | 1

Employee Retention

CDL takes pride that our successful employee engagement is evident from our employees’ length of service. The average tenure of our employees is about 8.8 years and more than 50% of our employees have been with CDL for more than five years. Our employee resignation rate of 17.3% continued to remain significantly lower than the national average of 22.0% in 2018. CDL experienced an involuntary turnover rate of about 4.1%, of which 69% is due to retirement.

EMPLOYEE RESIGNATION RATE
(%)

CDL *

National Average+

EMPLOYEE INVOLUNTARY TURNOVER RATE
(%)

EMPLOYEE DEMOGRAPHICS – RESIGNATIONS
(%)

30 years old and below
Female: 22% | 15
Male: 4% | 3
Total: 26% | 18
31-40 years old
Female: 32% | 22
Male: 12% | 8
Total: 44% | 30
41-50 years old
Female: 15% | 10
Male: 9% | 6
Total: 24% | 16
51-60 years old
Female: 1.5% | 1
Male: 1.5% | 1
Total: 3% | 2
61 years old and above
Female: 1.5% | 1
Male: 1.5% | 1
Total: 3% | 2

EMPLOYEE DEMOGRAPHICS – INVOLUNTARY TURNOVER
(%)

30 years old and below
Female: 6% | 1
Male: 0% | 0
Total: 6% | 1
31-40 years old
Female: 0% | 0
Male: 0% | 0
Total: 0% | 0
41-50 years old
Female: 6% | 1
Male: 6% | 1
Total: 12% | 2
51-60 years old
Female: 13% | 2
Male: 6% | 1
Total: 19% | 3
61 years old and above
Female: 31% | 5
Male: 31% | 5
Total: 62% | 10

* Computation of annual employee turnover is based on cumulative monthly attrition rate derived from the number of resignations for the month / headcount for the month found on the MOM website.
+ Annualised from Q1 to Q3 2018 figures, from MOM website, as the annual average was not issued at time of publication