ANNUAL REPORT 2007 | 2008 - Gimv

THE GIMV STRATEGY TRANSLATED TO
INDIVIDUAL EMPLOYEES
Last year Gimv worked hard on optimizing its evaluation and objectives
process, a central element in Gimv’s human resources
policy, through which it translates its strategy to each employee’s
concrete function. In the process, Gimv has also placed a more
express accent on making, discussing, following up and evaluating
objectives formulated according to the SMART (Specifi c,
Measurable, Acceptable, Realistic and Time-limited) system.
Managers receive specifi c supervision here and all employees
are informed of what this process sets out to achieve and of
their role in it.
A HIGHLY PROFESSIONAL HUMAN
RESOURCES POLICY
Gimv’s international and global growth ambitions bring specifi c
challenges with them, in terms of organisational structure and
corporate culture, and more operationally in terms of recruitment,
supervision and retention of employees. In the coming
period Gimv will therefore be taking further steps to make its
human resources policy more professional.
RESULT-ORIENTED REMUNERATION OF
INVESTMENT MANAGERS AND STAFF
EMPLOYEES
Gimv offers investment managers and staff employees a remuneration
package consisting essentially of three elements:
• the base salary and the benefi ts in kind
• discretionary bonus
• exit bonus.
This remuneration structure is in line with international market
practices and is aimed at attracting and retaining highly qualifi
ed employees.
Supplementing the base salary is the discretionary bonus system,
depending on Gimv’s fi nancial result. In consultation with
the remuneration committee the CEO proposes a distribution of
the discretionary bonus.
62 | Gimv Annual Report 2007-2008 | Human resources and responsible corporate behaviour
Distribution by gender
at 31/03/2008
Malee
60.2% %
Distribution by activity
at 31/03/2008
Other
8.4%
Cleantech
1.2%
ICT
10.8%
Life Sciences
7.2%
Distribution by country
at 31/03/2008
Belgium
69.9%
Female F
39.8%
Financial F
28.9% 2
Legal L
6.0% 6
Corporate C
Investment I
37.3% 3
France F
3.6% 3
Germany G
12.0% 1
Netherlands N
14.5%