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54

Tiger Brands Limited integrated annual report

2015

Our people

continued

Under this approach, Tiger Brands is building talent

sustainably by concentrating on internal appointments and

promotions while increasing the investment in training and

development to build capability and strengthen the talent

pipeline. Key initiatives include a focused management

trainee and leadership development programme. During the

reporting period, 11 graduates joined Tiger Brands as

trainees.

Regular talent reviews at appropriate levels ensure that

high-potential individuals are identified, development plans

are agreed, and progress against agreed targets is tracked.

In addition, a new short-term incentive scheme was

introduced in 2015, focused on strategic and financial

objectives. This will more effectively align individual

performance with corporate performance.

2015

%

2014

%

2013

%

Overall staff

turnover rate

7,9

9,6 10,2

Retention rate of key

talent

87

86

87

Leadership development

In line with the revised approach to talent management,

and to ensure we have leaders who can drive our strategy,

we reviewed our model for leadership skills. To determine

an accurate baseline and parameters for leadership

development initiatives, the skills of all middle managers

and above are being assessed, and a customised

leadership development programme will be launched

in 2016.

Tiger Brands Academy

This internal facility comprises separate academies for the

disciplines of supply chain, leadership, finance, customer,

human resources and marketing.

A total of 524 employees participated in programmes

during the year (2014: 409), over 4 036 (2014: 3 322)

training days.

Workforce

In 2015, the group employed 10 379 permanent staff

and 4 222 temporary staff in South Africa, excluding

2 363 seasonal and casual workers.

Outside South Africa, the group employs 3 841 permanent

staff and 2 149 temporary staff, bringing the total group

workforce to 20 591 (excluding seasonal and casual

workers) (2014: 16 884).

The total salary bill for the year was R3,6 billion, compared

to R3,3 billion in 2014.

Key indicators

2015

2014 2013

Employee headcount*

20 591

16 884 15 048

Female employees

3 696

3 555 3 386

Learnership participants

264

285

159

Total training spend

(Rm)

10,8

7,7 10,1

*

Includes international operations but excludes seasonal and casual

workers.

Skills development

In 2015, we invested R10,8 million (2014: R7,7 million)

on in-house training in South Africa, led through the Tiger

Brands Academy, as well as learnerships.

We believe training and developing all employees is a

prerequisite to creating a competitive advantage. Our

people have the opportunity to continually develop

themselves through workplace qualifications and shorter,

function-specific programmes. Documented objectives and

targets are submitted to the sector education and training

authority (FoodBev Seta) in our workplace skills plan and

annual training report.

Workplace experience project

Young people receive workplace experience in food

technology, engineering, marketing, production and

operations. These students become a feeder pool for the

graduate programme and other entry level appointments.

Around 344 people have completed the programme

since 2008 and, wherever possible, are employed by

the business.

External programmes

Thusani Trust provides bursaries to qualifying black

employees’ children. In 2015, R3,1 million (2014:

R4,5 million) was spent on bursaries for 158 students

(2014: 186). A total of 371 students have graduated

from tertiary institutions since 2007 with the trust’s support,

and 27 graduated in 2015.

We provided bursaries for nine engineering students.

On graduating, these students are incorporated into our

talent pool.

This programme is currently being funded by “trickle

dividends” in respect of shares in Tiger Brands indirectly

held by the trust. As a result of the success of the bursary

scheme, the trust required additional funding. This will be

facilitated by an increase from 10% to 25% in trickle

dividend in respect of the Tiger Brands shares indirectly

acquired by the trust in terms of the staff empowerment

transaction implemented in 2005. The trust will benefit from

the increased trickle dividend from January 2016.