Diversity Policy
1.0 INTRODUCTION
Medical Developments International Limited (MDI) is committed to workplace diversity.
MDI recognises the benefits of diversity where people from different backgrounds can bring fresh ideas and perceptions which make the way work is done more efficient; and products and services more valued.
Diversity includes, but is not limited to, gender, age, ethnicity, religion and cultural background. Diversity also encompasses the many ways people differ in terms of their education, life experience, job function, work experience, personality, location, marital status and carer responsibilities. Diversity at MDI is about the commitment to equality and the treating of all individuals with respect.
MDI understands that the wide array of perspectives resulting from such diversity promotes innovation and business success which creates value for our customers and shareholders.
To the extent practicable, MDI will address the recommendations and guidance provided in the ASX Corporate Governance Council’s Corporate Governance Principles and Recommendations (ASX Principles).
2.0 DIVERSITY STRATEGIES
MDI has an own employment related policy, and this Diversity Policy complements that existing documentation.
Measures designed to promote diversity at MDI include:
2.1 Recruitment
MDI has recruited people from different backgrounds. We believe that our employees from many different cultural, linguistic and national backgrounds provide us with valuable knowledge and a skilled base in order to improve Company performance.
2.2 Career Development and Promotion
MDI facilitates equal employment opportunities based on relative ability, performance or potential. This is exemplified by the gender diversity in management. All employees are treated fairly and evaluated objectively.
2.3 Safe Work Environment
MDI helps to build a safe work environment by taking action against inappropriate workplace and business behaviour that does not value diversity including discrimination, harassment, bullying, victimisation and vilification.
2.4 Development Programs
MDI is involved in programs such as in-house workplace development programs, mentoring programs, targeted training and development to improve the quality of decision-making, productivity and teamwork. MDI is trying to enhance its customer service and market reputation through a workforce that respects and reflects the diversity of our customers.
2.5 Flexibility in the Workplace
MDI has a culture which takes account of domestic responsibilities of its employees.
2.6 Succession Plans
MDI has an active management program to plan for succession planning in key areas of the business through training and multi tasking.
2.7 Monitoring and Evaluation
MDI will monitor the scope and currency of this policy.