2011 Annual Report - SBM Offshore

3.8.5 Performance and career development
Employees’ performance review
To ensure business continuity, personnel satisfaction and efficiency are key factors on which the Company’s
Management maintains a keen focus. To help monitor those crucial indicators, the annual employee performance
appraisal exercise (permanent employees) has proven to be a valuable tool. It is a long-established process at
SBM Offshore and has been modernised over the years in order to take into consideration the Company’s
strategic objectives and the employee’s career expectations.
All performance appraisals under Onshore Operations are made in accordance with the Company’s Competency
System whereby employees are appraised against specific competencies related to their position, as well as the
fulfillment of set objectives. Once again this year, emphasis has been placed on the purposeful setting of
individual career development objectives, in line with the overall needs of the Company.
The intranet-based electronic performance appraisal system has now been implemented in all Execution Centres.
The tool has proven to be highly beneficial to the process;; it enables the punctual tracking of the completion
progress, and provides statistics for reporting, training and development purposes.
The annual performance reviews are one of the sources of valuable information for the Talent Management and
Succession Planning processes.
Offshore Production appraisals are performed for all permanent and contract employees working onboard the
production units. All employees are appraised in direct compliance with the offshore work activities and the
assessments cover the fields of safety, teamwork and professional competence. This exercise is done via SBM
Offshore HR crew management system.
The performance appraisal completion rate remained stable this year at 95%,confirming overall awareness of the
great importance of this exercise.
Training and development
Development of competencies of employees through general and specific programmes is crucial to the
Company’s business continuity and changing environment. It is also a necessity for employees to be able to
picture themselves as part of the Company’s future.
The Company provides a range of training and development opportunities to enhance the skills of its employees
worldwide. The total training hours recorded for 2011 is close to 133,000 and averages 29 hours of courses per
person. In comparison with 2010 figures (excluding the Paenal Yard specific training programme), 2011 total
training hours have increased by 5.3% and number of hours per employee increased by 4.3%.
This is a customized selection from the SBM Offshore N.V. Annual Report 2011
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