Sustainability Report 2011 - English version - EuroCharity

Sustainability Report 2011
46
5.1 Human Resources Management
Actions for strengthening the Group’s common culture and
homogenizing its human resources management framework
have involved consolidating human resources systems,
policies and procedure at Group level, especially following
the accession of HELLENIC FUELS to the Group.
This consolidation is expected to be completed soon.
In utilizing modern approaches, such as the Performance
Appraisal System, employees are given opportunities for
growth and advancement in the administrative hierarchy as a
key objective is to consistently fill the vacancies through moving
or promoting employees within the Group. All employees
have been informed of the Internal Labour Regulation and
can access it through the company’s Intranet.
Executives of the Group in Greece and abroad are paid according
to the «Senior Executive Remuneration System»,
which is directly linked to the achievement of predefined annual
Group, Company and individual objectives (KPIs).
5.2 Training - Education
All of the Group and Companies’ objectives originate from
the Group’s Annual Business Plan which, in turn, results from
the medium - long term Business Plan, the Group’s annual
budget as well as areas in which the Group wants to pay special
attention. The Group’s objectives apply to all of its executives
at all levels of the hierarchy.
The achievement of objectives at the Group, Company and
Individual level is directly linked to the formation of an annual
variable remuneration scheme for top level executives. In particular,
the achievement, both at group level and individual
level, of specific objectives in health, safety and environmental
protection, which are a permanent component of the
annual target, is weighted (20%) and affects remuneration,
given its criticality and importance within the Group.
In 2011, following the Group’s reorganization, 100 % of employees
were evaluated according to the company performance
evaluation system.
The Group has policies in place that focus on continuous education, covering employee participation in seminars and conferences
in Greece and abroad, studying at Open University and post-graduate programs, foreing languages study, purchase of
books, subscriptions to newspapers - magazines and professional associations.
Chart 5.2.1: Training breakdown by gender (HEL.PE., EKO, HF)
3.000
2.500
2.000
1.500
1.000
500
0
2.279
1.710
208 462
1.918
Men Women Total
2.741
Trainees Total number of Employees