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PEOPLEHUMAN CAPITAL MANAGEMENT<strong>Mintek</strong> attributes its position as one of the world’s leaders in mineral andmetallurgical technology to its workforce of highly skilled engineers, scientistsand technologists, who have been developing groundbreaking technologies,products and services for the local and international mining and mineralsindustries since 1934.For the past few years, the global shortage of hard-core technical skills,such as engineers, scientists and technical personnel has also becomeincreasingly evident in the South African labour market. Here the shortage iscompanies in the mining, minerals and related industries competing for thesame pool of human capital and expertise in order to survive.through competition from local and international companies. To offsetthese losses the organisation embarked on a successful recruitment drive,simultaneously developing and formulating a retention strategy to arrestemployee turnover. As one of the most important measures to retainstrategic human capital, the organisation has made every effort to closethe salary gap with the open market, however this is still a challenge for<strong>Mintek</strong>. Strong focus has also been placed on succession planning.TRANSFORMATION AND EMPLOYMENT EQUITYDespite the greatshortage of engineers,scientists andtechnologists fromthe historicallydisadvantagedgroups atmanagerial andprofessional level,<strong>Mintek</strong>’s workforcetransformation has improved steadily with the percentageof historically disadvantaged individuals in all categoriesexceeding the 50 per cent mark. The organisation has reachedits Board-approved target of 77 per cent designated group(DG) representation. Transformation in the group’s technicalbusiness units has also improved, and multilateral initiatives arebeing employed to induce scarce scientists, engineers and highlyspecialised technical staff from the historically disadvantaged groupto join the organisation. The table above, extracted from <strong>Mintek</strong>’s Employment EquityReport, which was accepted by the Department of Labour duringtransformation in respect of previously disadvantaged persons atmanagement and professional levels.Main Transformation pic:of work <strong>Mintek</strong>’shighly force skilled ofengineers, scientists technologists andhas steadily. improved43annual report 2007

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