Strategic Report Being Responsible continued
Our employees We have a strong and open company culture with shared values co-created by our employees. We value the contributions made by the whole team and aim to nurture a positive working environment. What we have done this year ӱ Carried out a further employee survey ӱ Established regular virtual team meetings to maintain morale during lockdowns ӱ Held virtual meetings between the team and Non-Executive Directors ӱ Held a socially distanced team offsite when restrictions allowed ӱ Moved offices, upgraded workplace amenities and IT What we will do next year ӱ Return to the office with a flexible working model ӱ Continue to build on the employee engagement survey to identify areas important to the team ӱ Focus on upskilling the team on sustainability Employee engagement This year we again carried out an employee survey, which focused on the issues arising from remote working. At the start of the first lockdown in March 2020 we introduced daily virtual team meetings, so that we were able to maintain communication across the whole team. The feedback from the survey was positive and that this contact was appreciated by the team and helped to maintain morale throughout the periods of lockdown. When restrictions permitted, we held a socially distanced team offsite. This included relevant training sessions with an external speaker.
Stanford Building London
Officemove One of the key themes from last year’s employee survey and forumwas the quality of office accommodation. By moving office we now benefit from excellent office space and amenities. As part of the move we upgraded our IT infrastructure and connectivity. Diversity and inclusion We value the contributions made by all of our employees and believe that a diverse workforce is key to maximising business effectiveness. We aim to select, recruit, develop and promote the very best people and are committed to creating a workplace where everyone is treated with dignity and respect, and where individual difference is valued. We recognise the benefits of diversity and the value this brings to the Group. We aim to maintain the right blend of skills, experience and knowledge within the Board and the Picton team. At the date of this Report, the number of men and women employed by the Group were:
Training and development We want to encourage our employees to realise their full potential by giving them access to development and training opportunities. This year the amount of training carried out by employees was 1.6% on a time spent basis, up from 1.5% last year. Employee development is based on the following key principles: ӱ Development should be continuous; employees should always be actively seeking to improve performance ӱ Regular investment of time in learning is seen as an essential part of working life ӱ Development needs are met by a mix of activities, which include internal and external training courses, structured ‘on the job’ experience and through interaction with professional colleagues All of the Group’s employees have a formal performance appraisal on an annual basis, together with a mid- year review of their progress against objectives set at the start of the year.
Men Women
Board
4 2 4 4 8 6
Rest of team
Total
58
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