On 25 July 2024, a landmark collective agreement was signed between the AEON Workers Union and AEON Co (Malaysia) at a ceremony in Kuala Lumpur, Malaysia. This agreement, covering the period from 2024 to 2026, coincides with AEON’s 40th anniversary in the country and sets a new standard for Malaysia’s retail sector.<\/p>\r\n
Based on a SMART constructive labour-management partnership concept, the agreement will benefit over 10,000 employees within AEON’s retail and supermarket chain. It provides for enhanced insurance coverage, improved leave entitlements, bonuses, salary adjustments including minimum annual salary increments, and religious leave for long-serving employees with 15 or more years of service. Notably, the agreement also introduces elements facilitating co-decision-making processes for both employees and employers.<\/p>\r\n
The agreement was signed by AEON Deputy Managing Director Tsugutoshi Seko, Human Resources Chief Officer Dr Kasuma Satria Mat Jadi, AEON Workers’ Union President Hamidah Mohamad and Secretary-General Muhammad Fadhli Muhammad Zamsuri.<\/p>\r\n
Minister of Human Resources Steven Sim Chee Keong, AEON Managing Director Naoya Okada, and the President of the UNI Malaysia Liaison Council (UNI MLC) Datuk Mohamed Shafie BP Mammal witnessed the signing ceremony.<\/p>\r\n
In a news report, Minister Sim praised the collective agreement, noting its alignment with the ministry’s vision of fair income, meaningful quality of life, and a work environment that respects human rights.<\/p>\r\n