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VTech Holdings Ltd Annual Report 2006 19
34
offices, offering information on Group
developments, guidelines and policies.
Through the intranet, the global on-line
quarterly newsletter keeps staff
informed of key developments within
the Group.
Webcasting of messages from the
Chairman provides another platform for
employees worldwide to gain a better
understanding of the Group’s strategy
and business direction, and at the same
time raise their questions and
suggestions to the senior management.
This two-way, interactive communications
platform has enhanced staff morale
and aligned employees in different
countries and different businesses
with the Group’s overall business
objectives better.
Building Human Capital
Training is provided to build the skills
and competencies required of our
colleagues in different countries and
businesses, as well as the knowledge
required to meet specific operational or
market needs. Staff members can attend
internal training courses and apply for
external training sponsorships to equip
them for further career development.
Fun at Work
Each year, VTech organises fun social
events for employees, which help to
build team spirit, promote a balanced
life and enhance motivation. During the
financial year 2006, VTech was once
again a proud participant in the Standard
Chartered HK Marathon 2006, which
was held in February. It marked the 10th
anniversary for the Marathon as well as
the Group’s fifth year of participation.
More than 70 VTech staff members
joined in, with entrants in all categories -
10 km, half-marathon and marathon.
Their enthusiastic team spirit helped VTech
gain recognition to be one of the “Most
Supportive Group Award” winners.
Employment Policy
VTech’s policy is to employ, retain,
promote, terminate and treat all
employees on the basis of merit,
qualifications and competence. The
Group creates a favorable work
environment in which all employees
can enjoy equal opportunities at work
and avoid discrimination on the
grounds of age, sex, status, disability or
any other non-job related factor.
VTech and the Community
VTech is a pioneer in the TEL and ELP
industries. With a corporate culture
rooted in “Innovation and Technology”,
the Group focuses its philanthropic
efforts on initiatives supporting
education, innovation and technology,
Hong Kong’s industrial development and
other community engagement
programme.
Education
Across America Sweepstakes
In June 2005, VTech launched the
“V.Smile Across America Sweepstakes” in
the United States, an online quiz about
American national landmarks that
entitled Club V.Smile and VTech members
to have chance to win a US$10,000 cash
scholarship for a child’s education.
Helping Children
During the financial year, we also
partnered with a charitable
organisation in France called
“Un regard, un enfant” (one look, one
child) to organise a special charitable
programme in the run up to Christmas.
For every consumer who bought three
VTech ELPs, we donated 10 Euros to
the organisation to support children’s
education in developed and
underdeveloped countries.
Innovation and Technology
Being a pioneer in innovation and
technology, VTech regularly sponsors
events promoting this area, which in
the financial year 2006 included the
Innovation Festival 05, organised by the
Innovation and Technology Commission
of HKSAR Government, and Business of
Design Week 2005, organised by the
Hong Kong Design Centre.
Hong Kong’s Industrial
Development
As a consumer electronics company
originating in Hong Kong, we believe
we have a duty to share our experience
and success with the industry and thus
we gave our support to the “Hong
Kong Awards for Industry”, an annual
event to recognise the outstanding
achievements of Hong Kong
enterprises in their move towards
higher technology and higher
value-added activities.
Supporting Community
Engagement Programme
VTech also encouraged community
engagement programmes by making
donations to The Asia Foundation’s
“Hong Kong Donor and Corporate
Engagement Programme”, which aims
to build a more cohesive and caring
Hong Kong community.
1 The new html version of VTech’s newsletter.
2 VTech gained recognition to be one of the “Most Supportive
Group Award” winners in Standard Chartered HK Marathon
2006.
3 Printed advertisement for the charitable programme in France.
4 VTech donated 12,680 Euros to the charitable organisation in
France.