Muang Thai Life Assurance Public Company Limited (MTL) has a legacy spanning more than 70 years in Thailand’s life insurance sector. MTL is committed to creating a secure and enriching work environment, recognizing its employees as the foundation of its success. The company’s policies, welfare programs, and employee benefits are designed to support a joyful and fulfilling work experience.

In 2023, MTL achieved an Employee Engagement (EE) Score of 65%, up from 61% in 2022 and 59% in 2021, matching Thailand’s market average. This improvement is attributed to MTL’s dedication to people-focused initiatives, which enhance employee satisfaction and foster a thriving workplace. The following factors contributed significantly:

• Learning and Development: MTL focuses on upskilling and reskilling programs, offering internal rotation opportunities, ensuring employees can expand their skills and grow within the company.
• Job Characteristics: MTL empowers employees to fully leverage their abilities, supported by a collaborative culture and committee-based decision-making.
• Senior Leadership: Employees trust MTL’s leadership, especially the CEO, who has successfully guided the company through both prosperous and challenging periods.
• Work-Life Balance: Through the company’s "Health-Wealth-Work" initiatives, MTL actively supports a balanced lifestyle for employees, helping them manage their personal and professional lives.

Workplace Culture and Environment: Promoting Well-being and Balance

MTL’s HR strategy revolves around employee well-being as a cornerstone for productivity and long-term success. To ensure this, the company has embraced a holistic approach through 3 vital aspects: health, wealth, and work.

• Health: MTL offers annual health checkups, vaccination benefits, and access to the Care Cover Clinic, which provides affordable healthcare to employees and their families, as well as sports events. The Employee Assistance Program supports mental health, while the MTL Fit app promotes fun and engaging fitness activities.
• Wealth: Financial well-being is a priority, with a provident fund, emergency lending benefits, and financial education programs in place. Flexible benefits packages also allow employees to customize plans according to their needs.
• Work: MTL invests in employees' career development through upskilling programs, scholarships for advanced studies, and internal promotion opportunities.

MTL’s recognition as one of the HR Asia Best Companies to Work for in Asia 2024 underscores the company’s commitment to creating a workplace where employees thrive. By focusing on health, financial security, and career development, MTL proves that "Happiness Means Everything" is not just a motto but a driving force behind its success.