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CA Sri Lanka Integrated Annual Report 2024 29

E Overtime System Application
CA Sri Lanka implemented an employee overtime application through the
HR system to enhance the accuracy and efficiency of overtime work. Moving
away from the previous manual process of submitting overtime cards, the new
system enhanced time-saving, efficiency and accuracy.
Future Plans
In the next financial year, the HR Division will
E Performance Evaluation / Annual appraisals enhance employee engagement activities
We carry out annual performance evaluations of all employees based on and training and development opportunities
set individual KPIs. HODs and the Managers conduct the evaluation with to support employee growth. On the other
the employees to assess, improve, and recognize employee contributions. hand, considering the high employee turnover
During the year, we successfully implemented a comprehensive, systemized rate witnessed during the financial year, the
performance evaluation process that covers the entire evaluation cycle. This Division will improve its recruitment practices
comprehensive evaluation ensures greater transparency, consistency, and focusing on attracting the right talent for the
fairness in assessing employee performance leading to employee satisfaction, right job. Employee recognition will also be
career development, and aligning individual goals with organizational emphasized, concentrating on appreciating
objectives. the well-performing employees. While refining
the HR policies to suit the evolving workforce
E Employee Wellbeing and Inclusivity dynamic, the Division will strive to foster a work
The health and well-being of employees are vital to the long-term success of environment that supports the growth of the
the Institute as well as at an individual level in driving their career progress. individual and the Institute at large.
Hence, the Institute remains dedicated to nurturing a secure, accident-free,
non-discriminatory work environment that encourages productivity and
growth. All employees are provided with equal opportunities regardless of
age, gender, marital status, or religious beliefs to excel within the organization.
This commitment emphasises the Institute's focus on ensuring an equitable
work culture, that fosters inclusivity, promotes fairness, and supports the
professional growth of all employees.