Maybank Singapore has committed to recruit at least 100 fresh graduates and mid-career candidates under its newly established Maybank Traineeship Programme.
For the selected candidates, this will entail a 12-month structured training programme in various functions, which will provide them work experience with the added possibility of a permanent position being offered at the end of the programme.
This comes over and above two new employee programmes, where the company is allocating cash funding and support to alleviate employees' financial burden amid the economic uncertainty. These programmes are:
- With the intention to improve employee welfare, all permanent employees earning S$4,000 or less per month will receive a one-time COVID-19 cash support of S$1,000 to help alleviate some of their financial burden.
- In addition, employees in job grade AVP and below who need extra support can apply for Employee COVID-19 Support Scheme to tap a one-time cash funding of S$2,000 to tide over financial hardships.
The programmes will benefit Maybank's 2000-strong workforce in Singapore, of which 92% are Singapore citizens or permanent residents. The company has been operating in the nation for 60 years.
Wong Keng Fye, Head of Human Capital at Maybank Singapore, said: “With the aim of building a resilient workforce, we took a holistic approach to caring for our colleagues during this challenging period and strengthened areas that will help employees who may need some financial assistance.
"At the same time, we are also looking to build a talent pipeline as our business grows, therefore trainees who join us will gain work exposure that will prepare them for an economic recovery."
The bank has also recently pledged not to lay off employees because of COVID-19 pandemic. In April 2020, Maybank Singapore disbursed financial assistance to staff affected by Malaysia’s movement control order, offered expense reimbursement to staff serving stay-home notice, provided allowances for staff’s transport and meals during the Circuit Breaker period, and presented appreciation vouchers to frontline staff.
Photo / 123RF
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