La banque d'un monde qui change 2004 - BNP Paribas

A group-wide approachto career managementPerformance appraisalThe management of employees’ individualcareers is organised in such a way as to ensurethat succession plans are regularly updated.As the system relies extensively on feedbackfrom employee evaluations, managers haveannual performance appraisals based on aGroup-wide procedure. A performance appraisalguide is available on the Group’s Intranet.Career mobilityInternal recruitment has been boostedby the posting of vacancies on the Intranet siteOpportunités Carrières, which is accessibleby all employees working in France.In Retail Banking, measures to assist employeemobility – including assistance with relocationfor employees and their families – were reviewedand rounded out in 2004. The Bank’s expatriationguide was also updated.BNP Paribas awardedthe 2004 Expatriation TrophyAt the 16th Avenir Export – Avenir Expatinternational trade and mobilityfair held in Paris in May,BNP Paribas was awardedthe Expatriation Trophy.This trophy is awarded to the companythat is judged to have the most innovative policyfor assisting expatriate employees.The 12-member jury consistsof specialists in international business,international law, human resourcesand social welfare.RemunerationRemuneration levels are set in each countryin accordance with a fair and objective systembased on specific parameters including function,level of expertise and responsibility.With the assistance of external consultants,almost 3,500 positions have been analysedand compared against external benchmarks.Employee benefits and welfareThe Group has a long-standing employee benefitpolicy aimed at providing a high levelof protection to its employees.In 2004, BNP Paribas worked on harmonising itsoverall employee benefit procedures, particularlyoutside France, with the aim of ensuring greaterconsistency between the different local systems.Following this review, in a large numberof countries defined benefit plans still in forcewere converted into defined contribution plans.In France, in line with new accounting standards,BNP Paribas implemented a number of specificmeasures in relation to the employee healthinsurance plan (Mutuelle du Groupe BNP Paribas)and pension plans which had already been closed.In addition, further to the success of the flexiblepersonal risk plan in place within the parentcompany, BNP Paribas made the system availableto all of the Group’s subsidiaries.For its Retail Banking operations in sub-SaharanAfrica, BNP Paribas is taking all the steps withinits power to improve the welfare protection ofits local employees and their families. Employeesin this area are provided with health insuranceplans which cover the cost of medicalconsultations and hospitalisationfor both themselves and their families.