65 / 160
63
Hyprop Investments Limited
Integrated annual report 2016
Our people are key to our business performance. Our human
resources strategy therefore focuses on attracting and retaining
talented people who have the skills and leadership required for
sustainable value creation.
We strive to be an employer of choice by encouraging our employees
to reach their highest potential in an engaging, professional work
environment. We reward performance excellence and address
non-performance. While our employees are accountable for their
individual actions, we support teamwork and the mutual exchange of
knowledge, regardless of cultures, genders and background. We foster
a culture of respect with zero tolerance for discriminatory behaviour.
We offer competitive remuneration, comprehensive training support
and skills transfer. Performance targets, training and skills development
are reviewed annually and aligned with the group’s strategy.
HUMAN CAPITAL: EMPLOYEE DEVELOPMENT
Hyprop complies with employment laws and is committed to
protecting human rights, ensuring that our code of ethics and
disciplinary code are communicated to all employees.
Workforce breakdown
Total number of employees
2016
2015
Hyprop Investments Limited
Permanent employees
232*
199
Contract and casual employees (mainly
information kiosk and event staff)
47
43
Total Hyprop workforce
279
242
Employees who are permanent %
83
82
Employees belonging to a trade union %
–
–
* Marketing function brought in-house from 1 November 2015
Employment equity (EE) and transformation
Our EE policy codifies and stipulates the promotion of equal opportunity and fair treatment by eliminating discrimination and implementing
measures to redress disadvantages experienced by designated groups and ensure their equitable representation in all occupational categories.
Hyprop’s ve-year employment equity plan was approved by the Department of Labour in 2013, and an annual progress report is submitted in
January each year. Hyprop complies with the Employment Equity Act and is committed to organisational transformation to diversify its workforce.
Our challenge is that, due to extremely low employee turnover, very few vacancies become available.
Employee engagement surveys
Annual employee engagement surveys ensure we timeously address any issues on employee morale, productivity and turnover. The 2016 survey
indicated that 97% of employees currently feel that the company’s benefits, processes and policies are implemented according to expectations.
The survey included our recruitment process, corporate culture, employee policy implementation, HIV and Aids education, remuneration, company
benefits as well as the work environment and facilities.
Employee retention
Motivated by an engaging work environment and competitive remuneration, the commitment of our people is re ected in high retention rates,
especially at senior level. While low employee turnover ensures continuity and aligns group performance with our long-term strategic objectives,
we remain mindful of the value of fresh insight and aim for an appropriate balance between internal and external appointments.
●
African
TOTAL EMPLOYEES BY DESIGNATED GROUPS
2016
2015
●
Indian
●
White
●
Coloured
32,9%
14,7%
7,8%
42,2%
2,4%
29,3%
15,7%
7,9%
44,6%
2,5%
●
Foreign nationals
TOTAL EMPLOYEES BY GENDER
●
Male
●
Female
2016
2015
55,4%
53,0%
44,6%
47,0%