BAE-annual-report-2014
BAE-annual-report-2014
BAE-annual-report-2014
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
Strategic Report<br />
Our employees<br />
Our employees are integral to our success.<br />
We value the talents and skills that our<br />
global workforce of 83,400 1 people in<br />
40 countries brings to our business.<br />
Engaging and developing our workforce<br />
for current and future business is key to<br />
delivering our strategy successfully. We are,<br />
therefore, committed to attracting, selecting,<br />
developing and retaining the best people to<br />
deliver this.<br />
Global training and development<br />
programmes support employees in making<br />
the most of their talents. Programmes are<br />
focused on continuous learning and<br />
development, using a blend of e-learning,<br />
classroom training and partnerships with<br />
academic institutions.<br />
We work with the education sectors in each<br />
of our markets to help shape the workforce<br />
of the future with a particular emphasis on<br />
encouraging young people to pursue careers<br />
in Science, Technology, Engineering and<br />
Mathematics (STEM).<br />
During <strong>2014</strong>, we recruited 275 graduates<br />
and 583 apprentices to support the talent<br />
pipeline in the UK.<br />
The US business contributed in excess of<br />
$2m (£1m) to support accredited institutions<br />
and organisations that develop teachers<br />
and our future workforce by encouraging<br />
students to pursue and thrive in STEM<br />
disciplines. <strong>BAE</strong> Systems, Inc. recruited<br />
approximately 2,400 employees within the<br />
STEM disciplines during <strong>2014</strong>, representing<br />
approximately 40% of employees recruited.<br />
GENDER DIVERSITY DATA AS AT 31 DECEMBER <strong>2014</strong><br />
We are committed to creating an inclusive<br />
work environment where a diverse range of<br />
talented people can work together to ensure<br />
business delivery. Diversity amongst our<br />
workforce is a significant force for innovation.<br />
We focus on our goal of building a diverse<br />
workforce which reflects that of the<br />
populations we recruit from. A particular<br />
current focus is increasing female<br />
representation in the pipeline for senior roles.<br />
Engaging our employees to help them make<br />
the fullest contribution to the business is<br />
important. Through a variety of media, we<br />
seek to listen to employees’ views and<br />
opinions, and keep them informed about<br />
developments and prospects for the<br />
business. Regular internal communication,<br />
including e-enabled channels, leadership<br />
blogs, newsletters, management and team<br />
meetings, monthly team briefs and the<br />
intranet, keeps employees informed,<br />
involved and engaged.<br />
The Group welcomes employees becoming<br />
shareholders in <strong>BAE</strong> Systems and offers<br />
a number of employee share plans to<br />
support this.<br />
During <strong>2014</strong>, employees had the opportunity<br />
to provide feedback via our engagement<br />
survey (see page 20).<br />
Safety of our employees, and anybody who<br />
works on, or visits, our sites, is a key priority.<br />
We continue to embed a ‘safety first’<br />
approach by providing training and tools that<br />
help employees to understand the importance<br />
of a safe workplace, and encouraging<br />
employees to take responsibility for their<br />
own safety and the safety of those around<br />
them. Senior leadership plays a key role in<br />
maintaining the focus on safety and leading<br />
through example.<br />
Number<br />
of males<br />
Number<br />
of females<br />
Total<br />
number<br />
Board 9 2 11 82 18<br />
Executive Committee 9 2 11 82 18<br />
Senior managers 2<br />
Employees in senior executive positions 3 235 38 273 86 14<br />
Directors of subsidiary companies<br />
(excluding employees in senior executive positions) 84 12 96 88 12<br />
Total senior managers 3 319 50 369 86 14<br />
Total employees 4,5 61,000 15,000 76,000 80 20<br />
1. Including share of equity accounted investments.<br />
2. Senior managers are defined as employees who have responsibility for planning, directing or controlling the activities<br />
of the Group or a strategically significant part of the Group and/or who are directors of subsidiary companies.<br />
3. Excludes executive directors.<br />
4. Excluding share of equity accounted investments and rounded to the nearest thousand employees.<br />
5. See summary of Deloitte assurance on page 47.<br />
DIVERSITY IS KEY TO A SUCCESSFUL BUSINESS<br />
In <strong>2014</strong>, the Executive Committee<br />
progressed actions to grow the female<br />
talent pipeline at senior executive levels:<br />
Fostering a culture of inclusion – further<br />
to the unconscious bias training for all<br />
leaders which was rolled out during 2013,<br />
there was a focus in <strong>2014</strong> on raising further<br />
awareness and understanding. This included<br />
a UK-wide ‘Diversity and Inclusion Week’,<br />
which was the first targeted awareness<br />
campaign for all employees in the UK. In the<br />
US, a month-long celebration of the UN’s<br />
‘Do One Thing for Diversity and Inclusion’<br />
campaign and ‘Going Global’ engagement<br />
events were conducted at several sites.<br />
Accelerating the development of<br />
high-potential women – an Executive<br />
Committee mentoring programme was<br />
launched in 2012 providing support and<br />
development to 46 participants in two<br />
cohorts. The programme has supported 90%<br />
of the first cohort and 50% of the second to<br />
promotions or moves into broader roles.<br />
Increasing leadership diversity – to ensure<br />
diverse candidate lists for leadership roles,<br />
where possible, executive search firms<br />
were employed with a track record of open<br />
and inclusive recruitment processes, and<br />
drawing from an appropriately diverse pool<br />
of candidates, with the overall aim of<br />
appointing the best person for the role.<br />
During <strong>2014</strong>, the percentage of external<br />
female candidates hired in the leadership<br />
population was 20%.<br />
Measuring performance – on a national<br />
basis, defined goals and actions have been<br />
put in place to increase gender diversity.<br />
Gender diversity in leadership positions<br />
and succession plans is monitored.<br />
Male<br />
%<br />
Female<br />
%<br />
STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS<br />
<strong>BAE</strong> Systems<br />
Annual Report <strong>2014</strong><br />
45