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Employees<br />

• Staff development tools enhanced<br />

• Global vacancy management established<br />

• Safety at work increased<br />

• Number of trainees up<br />

Human resources strategy rigorously pursued<br />

HOCHTIEF’s success depends on the performance,<br />

qualifications and motivation of its employees in all corporate<br />

divisions. This is why we aim to retain the right<br />

employees for our company. We therefore identify talented<br />

individuals in Germany and internationally, secure<br />

them for HOCHTIEF and foster their continuous development.<br />

Our employees can count on our skills management<br />

tailored to individual capabilities and potential<br />

and ranging from the company’s training phase through<br />

to the development of new managers. Our growthoriented<br />

human resources strategy is a key element of<br />

our overall corporate strategy.<br />

Strategic response to shortage of specialist staff<br />

The need for skilled and management personnel in the<br />

construction industry continues to pose challenges for<br />

HOCHTIEF. These challenges can only be resolved with<br />

long-term approaches in human resources management.<br />

In 2009, we were primarily seeking employees<br />

for property services, project management, procurement<br />

as well as monitoring and control. We were also<br />

still in need of construction engineers for international<br />

assignments. Overall, we managed to fill more than 90<br />

percent of the vacant positions within the HOCHTIEF<br />

Group.<br />

Increase in employee numbers<br />

The number of employees at HOCHTIEF rose to a total<br />

of 66,178 in 2009, with the Asia Pacific division recording<br />

the highest increase.<br />

In the USA, the number of employees dropped, reflect-<br />

ing the lower construction output. This development<br />

chiefly affected Turner, where jobs have been cut in a<br />

socially responsible manner, carefully allowing for proj-<br />

❘ Information for our Shareholders ❘ ❘ Management Report ❘ ❘ Financial Statements and Notes ❘<br />

ect requirements and specific conditions. In order to<br />

keep job losses to a minimum, employees were offered<br />

short and long-term transfers and Turner remains in<br />

constant contact with many of its former employees<br />

through its strategic alumni program*, so that when<br />

market conditions improve the company can consider<br />

them for employment once again.<br />

Global filling of vacant positions<br />

As a global group of companies, we have exacting demands<br />

and therefore require exceptionally well-qualified<br />

personnel. In order to fill vacant international positions<br />

in a selective manner with the most suitable internal or<br />

external specialist staff, we have set up the Global Recruitment<br />

department. This department makes sure<br />

that information is exchanged at an early stage in order<br />

to fill positions across national borders. Vacant positions<br />

and projects worldwide can be presented centrally<br />

and attractively on a new intranet platform. So far, the<br />

companies HOCHTIEF Construction, Turner, Flatiron<br />

and Thiess have been integrated.<br />

Retention programs successful<br />

For HOCHTIEF, retaining capable and talented employees<br />

in the company for the long term is a success factor.<br />

For this reason, an intern retention program was launched<br />

at the end of 2008 to retain above-average interns at<br />

the company. So far, eight out of ten interns supported<br />

on the basis of this program have been given employment<br />

contracts at HOCHTIEF. For employees specifically<br />

wishing to gain a further qualification through a<br />

doctorate, we offer a doctoral program. The participating<br />

students are released for study at the university for<br />

an agreed period, receive financial assistance for the<br />

duration of their studies, and are guaranteed a job at<br />

HOCHTIEF when they return.<br />

Our “Employees Recruit Employees” program also con-<br />

tinued to bear fruit, with new employees again being<br />

recruited in this way. This program rewards employees<br />

who propose a candidate with a bonus.<br />

Further information on our employees<br />

as well as occupational<br />

safety and health at HOCHTIEF<br />

is available on the Internet at<br />

www.hochtief.com under Career<br />

and Sustainability.<br />

*See glossary on page 197.<br />

Annual Report 2009 55

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