Download - Prudential Corporate Responsibility report 2011
Download - Prudential Corporate Responsibility report 2011
Download - Prudential Corporate Responsibility report 2011
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21<br />
Our principles<br />
• We value and respect employees of<br />
all backgrounds.<br />
• We are committed to developing and<br />
maintaining a diverse and inclusive<br />
culture that rejects any form of<br />
discrimination, harassment or bullying.<br />
• We operate in accordance with the<br />
United Nations’ Universal Declaration<br />
of Human Rights, which we promote<br />
through our employment policies and<br />
practices.<br />
• We believe that in order to attract and<br />
retain the best talent, we have to excel in<br />
encouraging, developing and rewarding<br />
our employees.<br />
<strong>2011</strong> highlights<br />
Engagement<br />
• workingmums.co.uk ‘Top Employer<br />
Awards’ recognised <strong>Prudential</strong> UK for its<br />
employee engagement, and the business<br />
was also commended for its commitment<br />
to encouraging employees to provide<br />
feedback on policies such as flexible<br />
working.<br />
• M&G was included on the<br />
workingmums.co.uk website as a<br />
‘top employer’.<br />
• PPM America was named by the Chicago<br />
Tribune one of the best places to work<br />
in Chicago.<br />
Diversity<br />
• <strong>Prudential</strong> Corporation Asia continues<br />
to be an active member of the thought<br />
leadership network, Diversity and<br />
Inclusion in Asia Network (DIAN).<br />
• Jackson continued to partner with<br />
Peckham, a non-profit community<br />
rehabilitation organisation, to offer<br />
employment to people with disabilities.<br />
Performance and reward<br />
• Almost two-thirds of our employees in the<br />
UK own, or have an interest in, <strong>Prudential</strong><br />
shares through employee share plans.<br />
• In Asia, almost a quarter of eligible<br />
employees and 18 per cent of eligible<br />
agents participated in employee share<br />
schemes.<br />
Talent management<br />
• We created a consistent approach to our<br />
development centres in Asia where we<br />
identify the next generation of leaders.<br />
• Two Group-wide Future Forum<br />
events took place, bringing together<br />
key leadership talent from across<br />
the Group to network, develop their<br />
thinking and share ideas for application<br />
across the Group.<br />
• Our Group-wide Momentum<br />
programme continued to recruit<br />
talented individuals early in their<br />
careers and, through structured<br />
development and role rotations,<br />
prepare them for senior roles within<br />
the organisation.<br />
• The Jackson University was launched<br />
in <strong>2011</strong>, providing business-specific<br />
development activities for employees<br />
directly aligned with the business’s<br />
objectives.<br />
Read more about Jackson University.<br />
• Jackson also launched its LEAP<br />
programme, accelerating the<br />
development of senior leaders<br />
within the business.<br />
• New career development centres were<br />
implemented in the UK for middle<br />
managers.<br />
• M&G launched its first apprenticeship<br />
programme with the ‘Working for Youth<br />
Campaign’ and continued to run its<br />
focused learning networks and active<br />
talent programmes, including:<br />
– The Cornerstone Programme:<br />
developing individuals with the<br />
potential to excel among senior<br />
management;<br />
– The Catalyst Programme:<br />
aimed at more junior talent and<br />
focused on developing them into<br />
wider and more senior roles; and<br />
– The Investor Development Programme:<br />
focused on enabling investment<br />
talent to drive investment and<br />
business success.<br />
• At Group Head Office, a new<br />
development programme was<br />
launched – Enhance – offering<br />
employees the opportunity to hone<br />
their skills, including development in<br />
areas such as cross-cultural awareness<br />
and building effective partnerships.