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Gazprom-AR2014

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Environment and Social Responsibility<br />

93<br />

Professional growth and young talent management<br />

<strong>Gazprom</strong> operates a further education scheme based on corporate educational institutions and<br />

aimed at upgrading employee skills to meet the ever growing operational and performance requirements,<br />

roll out new technologies and expand the Group’s regional footprint.<br />

<strong>Gazprom</strong>’s personnel training and retraining practices allow the Group to efficiently manage<br />

its personnel’s expertise and build up a talent pool capable of achieving innovative growth goals.<br />

In 2014, 265,100 employees of <strong>Gazprom</strong> Group were trained under career enhancement and<br />

retraining programmes.<br />

Managing the Company’s talent pool is one of the top priorities to ensure its successful operation.<br />

These efforts are aimed at ensuring that vacant management positions are filled in a<br />

timely and orderly manner by highly skilled candidates with management competencies.<br />

The talent pool includes some 14,000 candidates for leadership positions across all management<br />

levels. Candidates from the talent pool accounted for over 65% of all appointments to leadership<br />

roles.<br />

<strong>Gazprom</strong> makes a special focus on young talent management.<br />

The Group’s companies rank among the most attractive employers for young people and<br />

undergraduates of major Russian universities (ranking 1st among the Top 100 most preferred<br />

employers according to Universum’s survey of May 2014).<br />

In 2014, <strong>Gazprom</strong> Group recruited over 2,409 young university and vocational school graduates.<br />

The Group provided internship and pre-graduation practice opportunities to 10,628 university,<br />

technical school and college graduates.<br />

<strong>Gazprom</strong> has been implementing initiatives to create and improve an environment enabling<br />

high quality professional training of specialists in major lines of business. As of 31 December 2014,<br />

OAO <strong>Gazprom</strong> had cooperation agreements with some of the leading higher education institutions,<br />

including Gubkin Russian State Oil and Gas University, St. Petersburg State University of<br />

Economics, National Research Tomsk Polytechnic University, National Mineral Resource University<br />

(the University of Mines), Kazan National Research Technological University, Ukhta State<br />

Technical University, Federal State Budget Educational Institution of Higher Education M. V. Lomonosov<br />

Moscow State University, Bauman Moscow State Technical University, and National<br />

Research University Higher School of Economics.<br />

Employee incentive scheme and remuneration<br />

<strong>Gazprom</strong> Group’s employee incentive scheme is a tool for attracting and retaining skilled professionals<br />

by offering employees competitive remuneration and recognition.<br />

Current remuneration schemes link fixed salaries and pay rates to qualifications and business<br />

skills, and also provide for monthly performance bonuses, premiums and additional allowances<br />

for work scope and conditions, annual and ad hoc bonuses.<br />

To assess how competitive its salaries are <strong>Gazprom</strong> Group regularly benchmarks them against<br />

the market using the findings of EY’s Compensation and Benefits Surveys. <strong>Gazprom</strong> Group’s<br />

benchmarking found that its salaries were in line with the market rate.<br />

OAO <strong>Gazprom</strong> Annual Report 2014

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