Both of our divisions recognise that the recruitment process is only the first stage in our relationship with our employees, and selecting the right people is essential in delivering an efficient, cost-effective product to our customers. Both divisions believe in approaching as wide a population as possible in their recruitment efforts, and so in 2010 continued to utilise a variety of recruitment methods. Applications are considered purely on merit, and psychometric assessments are also used across the business to assist in selection for management roles.
In 2011, both divisions intend to develop further their recruitment processes to maximise the use of web-based applications, with Menzies Aviation continuing projects to develop internal and external web based recruitment landing sites using existing company intranet and extranet sites.
INVESTORS IN PEOPLE
Menzies Distribution are striving to achieve the external Investor in People (IIP) recognition, and an active dialogue commenced with IIP in 2009, which continued throughout 2010, with a view to assessing the division for the Investors in People award in the near future. The division have used the IIP framework as a platform to implement its training and development plans in 2010/2011.
Menzies Aviation continued to develop its web based modular people management system in 2010.
Reward
The Group recognises that its continuing success depends on the quality and motivation of its employees. It aims to ensure that its remuneration practices are competitive, enabling it to attract, retain and motivate executives and employees who have the experience, skills and talents to operate and develop its businesses to their maximum potential.
Incentives
We provide a variety of reward and pension arrangements as part of our employee retention and incentivisation programme. Employees are able to develop a direct interest in the financial performance of the Group through its savings-related share option scheme, which is open to all UK employees. Over 1,000 UK employees took up their invitation and subscribed to the 2010 sharesave scheme in which almost 500,000 shares are now held under option. For staff in the UK, the Group offers many benefits, such as a childcare scheme which allows staff to opt to receive part of their pay in tax-free childcare vouchers.
Other benefits offered to staff, dependent on grade and location, include: private medical care, subsidized staff restaurant, gym membership, life insurance and a company car or car allowance.