2013 Sustainability Report - page 52

2013 SuStainability RepoRt >
SoCial ReSponSibility
52
| pRySmian gRoup | 2013 SuStainability RepoRt
inVesting in people
For the Prysmian Group, intellectual capital and talent are
strategic assets for the achievement of our profitability and
value creation objectives and, as such, must be supported by
appropriate actions to develop and enhance their worth. For all
activities, the Group relies on the performance of its people, be
it the steady improvement of product quality, the expansion of
markets, the management of customers or the acquisition of
new businesses.
Consolidated processes for the management of human
resources, incentives and personal motivation, combined with
opportunities for international exchanges, ensure that Group
employees are able to grow both personally and professionally.
Three significant initiatives have been put in place to
strengthen the process of developing our human resources:
talent acquisition
, an international programme for the
recruitment and induction of talented new graduates, with
a view to nurturing and developing our future managers and
professionals;
training and development
, consisting of managerial and
professional training activities;
performance management
, a programme for the
performance appraisal of employees, as a key part of the
management and development of our human resources.
In addition, the importance we attach to investing in
our human resources and encouraging them to stay is
demonstrated by the vast range of benefits available,
depending on their professional level, the country and local
policies. The availability of benefits has a direct impact on
the motivation of permanent employees, evidencing the
scale of the Group’s investment in its human resources. The
benefits available to employees differ depending on the
country in which the Group operates. The principal benefits,
such as supplementary pension plans, medical, health and
life insurance, and maternity/paternity leave, are available
in the majority of countries in which the Group operates.
For example, all employees in Milan have access to doctors
at specialist medical facilities, and their children can obtain
grants for advanced secondary education and for their
university studies. The benefits available to full-time workers
are also available to those on part-time contracts.
This focus on individuals is confirmed by the Prysmian Group’s
commitment to investing in the development of employee-
company relations, via numerous initiatives designed to
encourage involvement. The Group also signs agreements
with external partners for the supply of products-services on
attractive terms to employees, such as discounts on theatre
tickets, gym subscriptions, magazines and products purchased
in shops.
TALENT ACQUISITION
TRAINING AND DEVELOPMENT
The development of future managers commences with the
selection of the most capable individuals available, with
particular reference to new graduates.
build the Future, the graduate program
Build the Future, the Graduate Program
”, launched in 2012,
is an international programme devised by the Group for the
recruitment and induction of new graduates. The objective
is to place young graduates with high-potential profiles in
various functions and geographical areas.
During the period 2012/2013 more than 6,000 candidates
were identified and 52 young people were selected from every
continent, paying particular attention to the topic of diversity.
The Group has already decided to extend this programme to a
further 50 new graduates.
The selection process is complex and requires candidates to
pass an online test, a group assessment and interviews with
management. Initial induction and training over a two-week
period at the Group’s headquarters is followed by job rotation
for 12 months in the home country of the new graduate, and
then a further 24 months at a foreign location. At the end of
this three-year period, depending on business needs and the
level of achievement reached, the individual may be assigned a
junior management role in Italy or abroad.
In collaboration with SDA Bocconi, Prysmian has also created
the Prysmian Group Academy - an international school
for managerial and professional training - with a view to
developing and consolidating the technical and professional
abilities of our managers.
Prysmian considers investment in the training and personal
and professional development of employees to be an
important element in the construction, strengthening and
growth of the entire Group. For this reason, the Prysmian
Group Academy was established in 2012 with a focus on two
main areas: School of Management and Professional School.
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