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Hyprop Investments Limited
Integrated annual report 2016
64
HUMAN CAPITAL: EMPLOYEE DEVELOPMENT
continued
2016
2015
Employee retention
Hyprop
%
Average
service
years
Hyprop
%
Average
service
years
Top management
100
9
100
8
Senior management
100
7,4
91
7
Middle management
92
7,5
92
7
Administration
88
6
91
6
Maintenance
89
10,5
98
9,5
Total
91
6,3*
93
6,2
* Includes employees transferred from Word4Word (197 transfer, with
original employment date used)
Number of employees
Movement
2016
2015
Internal placements
19
7
New appointments
25
16
Dismissals
6
1
Resignations
15
13
Retirements
2
1
Section 197 transfers due to sale of asset
11
Section 197 transfer due to cancelled
marketing contract
42
Employee turnover (%)**
9
7
** The number of people who departed, relative to the total number of
employees at year-end
Employment equity statistics
African
%
Coloured
%
Indian
%
White
%
New appointments
48
24
16
12
Section 197 employment
contract transfer into
company
10
17
0
73
Internal placements and
promotions
21
32
47
Resignations
27
40
33
Dismissals
50
17
17
16
Retirement
–
50
–
50
Development and training
Our training and development programme considers our own
requirements, skills shortages in the property industry and
transformation imperatives.
Training needs are identified during the employee review process,
while the group-wide skills base is objectively assessed to identify
focal areas for training in the year ahead.
The objectives of our training strategy include:
•
•
Enhancing knowledge and the skills base
•
•
Enabling employees to contribute to our business and growth
•
•
Encouraging further education to enhance competence in
current positions and increase eligibility for promotion
•
•
Supporting employment equity initiatives.
One of our primary objectives is to establish a succession plan by
developing junior managers for middle management roles.
During the year, a combination of internal and outsourced training
sessions covered key areas:
Training spend***
2016
R
2015
R
Leadership
436 087
690 634
Business operations
482 633
536 753
Graduate programme
54 351
85 250
Green building leasing principles
59 928
9 789
Leasing and administration
4 500
63 000
Health and safety
31 818
6 406
HIV/Aids health training and information
213 941
52 349
Total
1 283 258
1 444 181
*** Actual training spend for the year was in line with budget