Employees
Our success relies strongly on our ability to attract, develop and retain the best talent, at every level, in the sector. In addition to providing clear and attractive career paths and safe and healthy workplaces, we have a strong value set - as expressed by our company-wide Business Principles and Code of Conduct - based on mutual respect, fairness and integrity.
Workforce sustainability is a key concern for Xstrata - the safe and effective management of our operations depends heavily on our ability to retain talented employees and managers. A particular challenge is ensuring we attract and retain staff with the necessary skills and competencies to manage our pipeline of major growth projects.
As the mining sector recovers from the downturn brought on by the global finance crisis of 2007-08, competition for skilled workers and managers is beginning to intensify - particularly in Australia. We make every effort to ensure we offer competitive salary packages and top-tier career development prospects. In addition, we work with national mining industry associations to encourage government education policies and priorities that will help ensure that skilled labour and management resources meet future demand.
We track our workforce performance in a number of ways, including:
- Redundancies: the total number of voluntary and forced redundancies
- Voluntary turnover: people who accept voluntary redundancy, resign or retire
- Compulsory redundancies: terminations resulting from performance and non-compliance issues
Total departures: the number of people leaving the company, whether voluntary, forced or compulsory.
