29.11.2016 Views

American Express Company 2015 Corporate Social Responsibility Report

Amex-CSR-Report-Full-2015

Amex-CSR-Report-Full-2015

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

GRI INDEX<br />

TRAINING AND DEVELOPMENT (CONT.)<br />

VALUING OUR PEOPLE<br />

Boosting high-potential<br />

employees<br />

We have two high-potential development<br />

programs:<br />

• Accelerated Leadership Development<br />

(ALD) aims to strengthen the global<br />

pipeline of senior management by<br />

developing our high-potential vice<br />

presidents. Participants are nominated<br />

by their business unit president, with<br />

approximately 25 participants per<br />

annual class. As of <strong>2015</strong>, ALD has<br />

graduated 93 participants with 59<br />

percent of participants receiving at<br />

least one promotion after the program<br />

completion.<br />

• Accelerate Your Growth (AYG) focuses<br />

on filling the pipeline of future vice<br />

presidents by developing managers<br />

and directors. The employees, who are<br />

potential successors to the executive<br />

teams across the world, participate<br />

in AYG for six months. The program<br />

includes a 360-degree assessment and<br />

one-to-one executive coaching to help<br />

participants identify how to focus their<br />

development.<br />

Exceptional service begins with great<br />

people, and we employ some of the best<br />

talent in our industry. Our employees<br />

relish the challenge of finding new<br />

solutions to meet our customers’ needs.<br />

They adapt, persist and champion<br />

innovation within their teams and across<br />

the organization.<br />

We strive to ensure our people feel<br />

valued, recognized and supported—and<br />

we continually measure our progress. Our<br />

consistently high employee satisfaction<br />

scores are a testament to the strength<br />

of our relationships. In <strong>2015</strong>, 84 percent<br />

of our employees who responded to<br />

our annual survey said they would<br />

recommend our company as a great<br />

place to work.<br />

Listening to employees<br />

Our annual employee survey, The<br />

Pulse, provides insights into employee<br />

satisfaction, leadership efficacy, learning<br />

opportunities and career development.<br />

The survey results help us improve the<br />

employee experience, our culture and<br />

business results.<br />

Even though participation in the survey<br />

is optional, employee completion rates<br />

are high. In <strong>2015</strong>, 85 percent of our<br />

employees took the survey. One of our<br />

clear strengths is the employee/leader<br />

relationship, which has a direct impact on<br />

engagement and loyalty. Our employees<br />

give high marks for fair treatment,<br />

coaching, motivation and inclusion.<br />

We want to foster a culture in which<br />

employees feel free to share their ideas<br />

and opinions. Beyond The Pulse, other<br />

feedback sources include town halls<br />

and small lunch meetings with leaders.<br />

And our Listening Post platform lets<br />

employees offer anonymous feedback to<br />

Human Resources.<br />

The <strong>American</strong> <strong>Express</strong><br />

Human Capital Scorecard<br />

We have a robust program in<br />

place to assess and manage<br />

human capital risks – identified<br />

as talent-related issues<br />

that can affect productivity.<br />

Senior leaders assess human<br />

capital risks annually through<br />

workshops, and track progress<br />

against plan to mitigate top<br />

risks quarterly. Senior Human<br />

Resources leaders are assigned<br />

annual compliance goals,<br />

and performance against<br />

these goals directly impacts<br />

compensation and year-end<br />

decisions.<br />

The <strong>American</strong> <strong>Express</strong> Human<br />

Capital Scorecard, which<br />

measures top company leaders<br />

against the organization’s<br />

workforce priorities, reports<br />

across three categories:<br />

• Performance advantage:<br />

Building, retaining and<br />

engaging a high-performing<br />

workforce.<br />

• Talent development:<br />

Differentiating and<br />

developing top<br />

leadership talent.<br />

• Diversity and inclusion:<br />

Building a diverse<br />

leadership pool.<br />

27

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!