Transforming the racial and gender
profile of Standard Bank employees at all levels
of the organisation has been a priority for many
years. In 2000, a board-appointed transformation
committee was established to focus on human resource
transformation.
The transformation committee now oversees implementation
of the charter as a whole and continues to report
directly to our board of directors.
Standard Bank reviewed its existing human resources
transformation strategy and targets at the beginning
of 2004 to ensure the charter targets will be
met and are sustainable in the longer term.
The revised transformation strategy has four
key tenets specifically designed to meet charter
targets:
- to increase the diversity of the skills in
our organisation in a methodical manner;
- to retain the best black talent;
- to promote targeted training and learnership
programmes; and
- to ensure that employee performance levels
remain high and are reflective of motivated,
well-trained staff.
This strategy is linked to the performance management
system across the bank ensuring that the objectives
are achieved by line function all the way to executive
management.
We have published a detailed breakdown of our
employee profile here.
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