2011 Annual Report - SBM Offshore

3.8.4 Employment and remuneration
Equal opportunities
At SBM Offshore, employment conditions are strictly driven by the principle of equal opportunities. The salary
scales are in line with a competency matrix and take into account qualifications and professional experience. The
Company considers this as an attractive element of the recruitment strategy.
The offshore engineering business has long been male-dominated;; however, the Company has adopted a
recruitment strategy to increase the percentage of women employees, including in managerial positions, in the
onshore segment over the past 15 years. This initiative has been successful to a certain degree, even though the
number of graduates coming out of engineering schools and universities is still predominantly male, and this
limits the gender ratio in engineering positions. Moreover, the operating crew onboard production units remains
very much male as is the case for all operators in this area of business. The total percentage of female/male
permanent employees from both Onshore Operations and Offshore Production was 21% women- 79% men in
2011, which is similar to the previous year.
This being said, the feminine population is indeed represented in the Management positions of the SBM Offshore
Group, with 13% of these positions being held by women (onshore).
Compensation and Benefits
The compensation and benefits package offered to the Company’s personnel remains one of the major elements
in employee attraction and retention.
During the annual cash remuneration review (basic salary and bonus) of the individual staff members, the key
factors of local market, annual inflation and individual performance are taken into account.
Salary benchmarking analysis is performed on a regular basis in each area where the Group has a strong
presence to verify the competiveness of the Company’s compensation package compared with peers in the Oil
and Gas industry. The results continue to confirm that the Company’s remuneration package and associated
benefits remains competitive and attractive to potential new employees.
This is a customized selection from the SBM Offshore N.V. Annual Report 2011
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