Recruitment and Selection
The recruitment and selection of personnel is a very significant process for S&B, as the Company places especially strong emphasis in matching the candidate with the job offered, so that both sides can be satisfied and their expectations fulfilled.
The procedures implemented for the selection of new employees are based on transparent and objective criteria, depending on the requirements of each position.
Performance Appraisal
S&B has developed and applies an Integrated Performance Appraisal System, which is regularly reviewed and adapted in order to meet the changing needs of the Company and of the market in general.
This system, for which the Company was awarded a "Best Human Resources Initiative" prize - KPMG 2005, uses specific goals and competencies-behaviors, based on which the performance of employees is evaluated, their main achievements rewarded, their training needs diagnosed and their development plans determined.
Training and Development
The Company is committed to offer its employees training and development opportunities, with the belief that targeted training has a positive effect both on the motivation and the effectiveness of its employees.
For this purpose, the Company has adopted procedures for the systematic diagnosis of employees' training needs and of areas of competencies and behaviors that need to be developed.
Within the framework of its training policy, the Company also finances, under specific terms, long-term programs for professional development and specialization, such as pre- and post-graduate studies in business administration.
Furthermore, the Company offers its employees other personal growth opportunities, through their participation in interdepartmental working teams and collective bodies, job rotation etc.
Compensation and Benefits System
Compensation
The Company's systems for the determination, management and development of appropriate pay levels are characterized by transparency, objectivity and consistency.
The system's basic objectives are:
To assure internal consistency and meritocracy in the employees' remuneration.
To offer competitive remuneration packages in relation to the market.
To safeguard reliability and objectivity in salary administration and development.
Benefits
S&B, in addition to cash compensation of various forms, offers its employees in Greece and in big affiliates abroad a series of social benefits beyond those prescribed by law, including among others:
Life Insurance / Accident insurance / Insurance for loss of income
Additional programs for in-patient, out-patient and medical-pharmaceutical insurance.
A private supplementary Pension Program
Loans for medical reasons
Social care and psychological support, provided by a Social Worker of the Company, for the employees and their families.
In fact, S&B was awarded with a "Best Human Resources Initiative" prize - KPMG 2007, for its initiatives in the category of Work-Life Balance practices.
The people of S&B
The end of 2006 found the employees of S&B counting 2,186 persons globally, 58% of which were employed outside Greece, in 14 countries in Europe, Asia, North and South America as well as Africa. Out of the total number employed in the Industrial Minerals Activities (which represent 91% of the total number of employees of the Group), 15% are management and professional executives, 28% administrative personnel and 57% technicians and workers.
