18.03.2015 Views

BAE-annual-report-2014

BAE-annual-report-2014

BAE-annual-report-2014

SHOW MORE
SHOW LESS

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

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!