Mindray has always regarded human resources as an important
strategic support to enhance its core competitiveness. We are
committed to build a diversified international workforce and
constantly improving the mechanism for selecting, cultivating,
employing and retaining talents, so as to fully explore the value of
talents and stimulate their innovative vitality. We have formulated
a formal talent development strategy, continued to promote the
construction of talent pools, and recruited talents through various
channels. At the same time, we have carefully built a high-quality
talent training system and tailored career development channels for
employees, to meet their needs for re-learning and self-improvement.
We respect the rights and interests of employees, and resolutely
prohibit prejudice and discrimination in any form and for any
reason, striving to create an equal and inclusive working
environment. Our remuneration system for employees is data-based and
fair, featuring a range of carefully designed welfare schemes. In
addition, we have improved occupational health and safety of
employees to enhance their sense of belonging and ownership. The
ultimate goal is to realize the common growth of talents and
Mindray.
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Talent attraction and retention
Mindray continuously improves human resource management
system, constantly enhances the effectiveness of talent attraction
and retention, and executes our core value "value and enrich our
people" on daily basis. By expanding employee recruitment channels,
strengthening employee engagement management, and improving employee
compensation and incentive systems, we are committed to enhancing
stability of our talent team and thus creating a fair, stable,
energetic and harmonious working environment.
During the year, we achieved great results in talent management, winning honorary awards such as the "Global Employee Health Model Employer of 2022-2023 H-EAP TOP AWARDS" by IHRMA, and the "Global Talent Magnet Employer" in the 2023 LinkedIn MostIn Awards.
In 2023, Mindray continued to intensify its recruitment effort at home and abroad, with emphasis on attracting high-end experts and outstanding graduates from universities to build a diverse global talent team. By the end of the Reporting Period, we had a total of 18,044 employees worldwide, maintaining an upward trend for three consecutive years.
Year | 2023 | 2022 | 2021 |
Total employees | 18,044 | 16,099 | 14,684 |
Proportion of signing labor contracts | 100% | 100% | 100% |
We endeavoured great efforts in diversified talent attraction and retention and formed a global talent network of R&D, sales and management.
Employee children schooling incentives
Children of employees who are admitted to top universities will be granted a one-time incentive award of 40,000 RMB or 60,000 RMBPublic rental housing and interest-free housing loans
Targeted public rental housing provided by Shenzhen government; Interest-free housing loans of 200,000 RMB to 400,000 RMB for employeesSupplementary commercial insurance
Employees are covered by accident insurance, term life insurance, major disease insurance, accidental medical insurance and hospitalization allowance from the first day of employmentMindray Science and Technology Award
Match special incentives based on the characteristics of corresponding system / business unitFemale employee welfare
Set up nursing rooms in the workplace; provide maternity leave and breastfeeding leave for female employees during pregnancy and breastfeeding period, etc.EAP services
Aim to help solve various psychological problems for employees and their family membersMindray strictly complies with the Labor Law of the People's Republic of China, the Pay Transparency Nondiscrimination Provision of the United States and other labor and employment laws and regulations in force in the countries and regions where the Group operates. Moreover, Mindray has formulated relevant systems such as the Remuneration Management System, Remuneration Management System for R&D, and Remuneration Management System for Sales & Marketing Division, and regularly updates the remuneration framework for each job grade according to the annual salary benchmarking. We have built a diversified incentive mechanism and set a remuneration structure consisting of fixed salary, variable salary and long-term incentives for all employees (including non-officer and non-sales staffs) , where variable salary and long-term incentives are linked to the Company's performance and individual performance to motivate the employees. We uphold the principle of combining individual and organizational goals, so that the incentive mechanism is closely linked to the long-term development of the Company. While improving the enthusiasm of outstanding employees and key talents, we aim to create a united, collaborative, and enterprising organizational atmosphere.
According to the Performance Management System V10.0, Mindray regularly conducts annual performance appraisal covering all employees in China and overseas. We always value two-way communication between employees and supervisors, which is integrated into all steps of performance appraisal. Supervisors give feedback on performance assessment results and reasons to employees through face-to-face talks, and analyze the shortcomings in their performance and formulate improvement plan jointly with employees. Employees who have any doubts about the results of the assessment can provide feedback through any channel such as 88333 HR service hotline, complaint and feedback platform, compliance mailbox and president's mailbox. This year, we further strengthened our performance process management by conducting a unified mid-term performance review across the Group. We focused on employees with outstanding or poor performance, and recorded feedback and communication details and results on online platforms.
Percentage of employees receiving regular performance and career development reviews in 2023 was 100%.
Employee training and development
Mindray always attaches importance to employee career
development and personal value enhancement by continuously improving
the talent training and development systems. Mindray has built
career development paths for employees, conducted training programs
tailored to the needs of multiple positions, and optimized the
employee performance appraisal and feedback process. At Mindray, we
focus on independent development and selection of outstanding
talents. We strengthen reserve leader cultivation, encourage
employees to enrich their professional knowledge and skills in
combination with practical work, and cultivate their ability to
identify and solve problems.
Management talent training system
Professional talent training system
New employee training system
The Company conducts talent planning based on business needs, and constantly improves the talent structure and builds organizational capabilities through talent recruitment and training. According to the company's talent recruitment strategy, we continue to develop new pools of talent through different channels. On one hand, we attract high-end experts and overseas local talents through social recruitment. On the other hand, we recruit high-quality college graduates from campus for talent reserve. Meanwhile, the company's internal talent market is open to internal employees, providing employees with internal development opportunities and platforms.
Mindray regularly invites clinical experts from external hospitals and scientific research institutions to carry out clinical academic and industry trend training for employees. Meanwhile, the Company cooperates with external hospitals, scientific research institutions and other educational institutions to conduct employee training programs, such as clinical academic training for clinical skills to improve professional skills.
MIS Academic Season Project: We invited authoritative external experts from educational institutions and senior internal lecturers to provide in-depth targeted training around different academic fields, and help the internal clinical staff to further enrich clinical knowledge and improve professional clinical skills. Since 2019, the project has been carried out at least twice a year, 9 times so far, and will continue in the future
Health and safety
Mindray has always treasured employees as our most valuable asset, and to that end, attaches great importance to their health and safety. We strictly abide by the Production Safety Law of the People's Republic of China, the Law of the People's Republic of China on the Prevention and Treatment of Occupational Diseases and other applicable laws and regulations related to occupational health and safety in the regions in which we operate. We put forward the “3 Mai safety concept” , establish a sound health and safety management system, and enable employees to apply safety knowledge and skills through training and drills. In addition, we regularly arrange pre-job, on-job, o-job and emergency occupational health examinations for employees exposing to occupational hazards, and annual health examinations for all employees. With these management measures and arrangements, we hope that our employees grow in a healthy and safe working environment at Mindray.
Diversity and equal opportunity
We keep improving policies and management measures for diversity, equity and inclusion. The general manager of the Human Resources Center is appointed to oversee our diversity performance. This year, we continued to implement the Diversity, Equity and Inclusion Policy on a Group-wide basis, while adhering to the principle of equal opportunities. We also implemented disciplinary and grievance procedures that meet the Group's compliance requirements and local laws where we operate.
In addition, we employ people with disabilities who meet our business requirements to help them secure jobs. We set up barrier-free passages and accessible toilets in our working place to provide convenience for employees with disabilities and support them to perform their duties. This year, we employed 32 employees with disabilities, 8 in China and 24 overseas.
Training on diversity, equity and inclusion (DEI): We carry out annual DEI related learning and training sessions for all employees, which cover management policies including the Diversity, Equity and Inclusion Policy. In February 2023, we launched an online training on DEI which encompassed DEI definition, and our concept, commitment and current achievements in DEI, as well as the grievance reporting mechanism. It aimed to present a full picture of the Group's DEI related policies and management measures, as well as the Group's diversity management and status quo for employees to obtain a deeper understanding. As of December 31, 2023, we have provided DEI training for all employees.
“Diversity, Equity & Inclusion is an important part of Mindray's core values. We value and enrich our people, respecting and giving full play to their values. We seek to attract talents from diverse backgrounds and will provide them with equal opportunities for career development in a promising industry.”
—— Mindray
As of December 31, 2023: Mindray has set up 0 overseas subsidiaries in 0 countries and hired 100% local employees in 29 countries.
Percentage of foreign employees in the Group was about 0.
Percentage of racial minority employees at Mindray North America was 0, and percentage of racial minority employees in management at Mindray North America was 0.
Coverage rate of training on diversity, equity and inclusion was 0.