Material Pillars - Responsibility for developing our people
Sanlam Sustainability Report 2011
Responsibility for developing our people
Highlights
- Solid progress in promoting transformation, particularly in terms of employment equity and skills development
- Graduate Leadership Programme launched to fast track the development of young high-potential graduates
- Revised Employee Value Proposition launched focused on further improving employee engagement
- Low turnover rate for the Group, with year-on-year reduction in turnover rate for Black staff
- Implemented a business intelligence system to enhance data accuracy, management and reporting on transformation initiatives
- Shared HR service implemented to ensure more effective HR service delivery and support across the Group
- Harmonised Group benefits to enable the smooth transfer of staff members across the Group resulting in greater organisational flexibility
Challenges
- Transformation remains a challenge, particularly in terms of ensuring greater diversity at senior levels
- Meeting regulatory demands requiring certain staff to have in-depth knowledge of products and regulations
- Maintaining and improving staff engagement and performance
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