2011 Annual Report - SBM Offshore

The Employee Share Ownership Plan, which encourages employees to invest in SBM Offshore shares, remains
an attractive staff benefit, thanks to a significant contribution being paid by the Company.
A Restricted and Performance Share Unit Plan is in place and constitutes the Long-Term Incentive Plan for senior
managers and other high potential staff.
The Company has an attractive pension benefit system for all its employees. As a multi-national company, it
operates various pension schemes depending on the country of activity. The majority are “defined-contribution”
plans, with a minor portion being “defined-benefit” plans.
Employee Well-being
Conscious of the need to protect its most important asset, the Company is continuously focused on the well-being
of its personnel and provides a pleasant work environment. In this respect, several initiatives have been
implemented over the past few years across the Company’s Execution Centres, namely:
• stress management & healthy living presentations to Managers (Monaco, Houston & Schiedam)
• employee care officer consultations available to employees (Schiedam & Monaco)
• stop smoking campaigns in Monaco
• fitness rooms in Houston and Monaco
• organisation of social events at all locations to favor interaction throughout the organisation
• bicycle plan in Schiedam
• life cycle based personnel policy in Schiedam
• SBM Nursery: this Monaco-based professionally-run nursery and pre-school structure welcomes 33 children from 3
months to school age
This comes on top of the safe work environment that the Company considers as a priority, as described under the
HSSE section.
This is a customized selection from the SBM Offshore N.V. Annual Report 2011
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