myTukar Takes Home Major Awards From Malaysia Management Excellence Awards 2022

• Key initiatives from the People & Culture team have seen direct impact on productivity as revenue per headcount increased 14% in Q1 FY2022 and 37% in Q2 FY2022 compared to Q3 FY2022
• myTukar wins Employee Engagement of the Year and the Team of the Year awards under the Automotive & Transport Equipment category

Kuala Lumpur, 13 December 2022 – myTukar, Malaysia’s fastest growing digital pre-owned car ecosystem bagged two prestigious awards at the Malaysia Management Excellence Awards 2022 on 8th December 2022. The brand picked up the ‘Employee Engagement of the Year’ Award for its many strategies that were implemented over the last few years to enhance and maintain employee welfare, and ‘Team of the Year’ Award under the Automotive and Transport Equipment Industry category.

The Malaysia Management Excellence Awards is a prestigious awards programme that recognises the country’s most exceptional business leaders  and honours Malaysia’s most outstanding leaders, innovators, and teams whose initiatives have brought tangible business results, employee engagement and overall impact to their workforce.

myTukar’s awards come off the back of several notable strategies and initiatives that its People and Culture team have put in place to uplift the morale and well-being of its employees. This includes a three-pronged strategy that involves upskilling, engagement and process digitisation that is aimed at bringing about the brand’s key mission – to create a great working environment that brings out the best in employees and where they can apply the knowledge gained, explore new paths and chart their growth.

In receiving the award, Chok Oi Sin, Director of HR at myTukar said, “The past few years have been challenging indeed, not just for the automotive industry but for every other sector as well. However, this turbulent period has created a vehicle whereby companies strive to help individuals and teams within their organisation to effectively navigate the challenges ahead. As such, we are grateful and honoured to have received this award. This was truly a team effort from the beginning, and the results in productivity gained in those six months are testament to that.”

The pandemic had taken a huge toll on numerous industries, forcing numerous closures and a 5.3% unemployment rate in May 2020. Despite that, myTukar has managed to not only maintain its workforce but also increase its employee intake. Furthermore, the brand’s revenue per headcount increased +14% in Q1 FY2022 and +37% in Q2 FY2022.

Derrick Eng, CEO of myTukar further added, “We plan to expand our range of initiatives to ensure myTukar employees  feel cared for and supported, as well as  to continue creating positive engagement in the workplace. Our business goals hinge on our people, which is why our main focus is to find a balance in providing people with career & personal growth opportunities while sustainably growing the business to greater heights.”

 In 2023, myTukar is looking to implement even more initiatives that are designed to impact its automotive and technology workforce. For more information about myTukar, kindly visit https://carro.co