Old Mutual (South Africa)
Number of employees 14 250.
Last financial year's turnover R67.12-billion.
Human Resources Director Anisha Archary.
Split of staff 90% permanent and 10% contracts.
Main line of business Investments and savings, insurance, healthcare, banking and asset management.
What is your HR strategy? The HR strategy for Old Mutual is built on a compelling vision that "Old Mutual is a great place to work with people who do great things".
The focus is to build an environ- ment that attracts, inspires, develops and retains talent to build Old Mutual's competitive advantage.
Its employee value proposition is linked to our sustainability agenda whose pillars are delivering stake- holder value, creating value for our customers, building skills, leadership and a transformative culture, invest- ing responsibly and building our communities.
What is your BEE strategy? Old Mutual primarily focuses on enterprise development to address the national priorities of job creation and education. Its enterprise devel- opment projects are in small-scale agriculture, manufacturing and the environmental focus on green jobs and initiatives that are labour intensive. The education projects are focused on improving maths and science. Internally, Old Mutual runs a flagship staff volunteerism programme that facilitates opportu- nities for employees to make a differ- ence in their local communities.
What is the secret of your com- pany's success as an employer? Old Mutual says its people strategy enables business strategy, providing a strong foundation for growth. It has been on this journey for some time and has applied lessons learnt in areas where it needed to improve its practices. It sees this evolution as a journey, moving from a singular focus on South Africa in terms of growth to one that now includes emerging markets (in Africa, Columbia, Mexico, India and China), which opens untold opportunities for both its people and customers.
Old Mutual delivers the total employee experience that enables business success and employee fulfil- ment. This ranges from career opportunities, competitive reward, future-focused learning, future-fit leadership, a great culture and opportunities to make a difference in the world. Old Mutual ensures that its employees have what they need to perform to the best of their ability. With gym, crèche, flexible working hours, employee wellness pro- gramme, hair salons, a range of shops and a host of other benefits and facilities, Old Mutual sustains a balance between challenging work and a fulfilling lifestyle.
Future plans around your HR/ employment/BEE strategy 'Do Great Things' is the company's shared vision and promise to cus- tomers, employees and the commu- nities within which it operates.
The company says it is proud of the trust it inspires, which stems from its strategy to put our customers first, leverage its culture and con- tinue to build one committed team and to execute with discipline to deliver great results.
It sees tremendous opportunities for growth in emerging markets and is motivated by the strength and depth of skills within the business. Old Mutual will strive to continue leveraging its compelling employee value proposition to deliver superior value for customers.