ETHICS , EMPLOYMENT EQUITY , TALENT AND EDUCATION
ACKNOWLEDGING AND RECOGNISING EMPLOYEES
Our goal at Senwes is to create a positive and meaningful impact in the careers and lives of all employees throughout the employee lifecycle so that they can contribute to their respective communities and workplaces .
KEY INPUTS
• Employee value proposition reflecting our employer of choice brand
• Growth opportunities offered to all employees
• Market related remuneration and recognition practices
• Fair and equitable remuneration practices
• Employee forums ensuring a positive relationship between employees and management
• An ethical leadership team
• Safe and healthy working environment
• Enabling environment that ensures workforce diversity
• Learnerships and apprenticeship programmes
• Leadership programmes
• Focused management and supervisory programmes
• Performance objectives aligned with business strategy
• Fully integrated employee management system that includes the entire employee lifecycle from engagement to termination
OUTCOMES Description |
Indication |
Apr 2022 * |
Apr 2021 * |
Total employees ( including temp ) |
Number |
3 438 |
3 544 |
Total employee cost ( cummulative annual CTC ) |
R ’ m |
721 939 891 |
717 384 946 |
Average cost per employee |
R ’ 000 |
209 988 |
202 422 |
Employee turnover rate |
% |
19,2 % |
23,1 % |
* ( Excluding KLK , JDI and Protek ) |
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GOVERNANCE REASSURANCE IN HUMAN CAPITAL
• Remuneration Committee
• Job Grading Committee
• Social and Ethics Committee
• Employment Equity Committees
• Senwes Retirement Fund Membership Forum
FUTURE CHALLENGES IN HUMAN CAPITAL
• Diversity
• Retention of key individuals and scarce skills
• Recruitment of employees with scarce skills
• Alignment of processes and practices to the future world of work
• Teams and teamwork , as the future of the work environment
• Data and analytical ability
• Establishment of a culture of meaningful work – creating a work-life balance that suits individual needs and accommodates the company ’ s requirements for output delivery .
• Establishment of work practices to empower and engage employees 6 SUSTAINABILITY REPORT 2022 / 2023