The Good3 project, launched in 2011 by the Photographic Division, continued in 2016 with more initiatives undertaken at several sites.
The programme was developed to help employees stay healthy by providing them with training and tools to develop good habits in the areas of diet, exercise and the prevention of illnesses. Discounted gym memberships for employees at the principal Italian sites of Cassola and Feltre have been extended to include family members.
Healthy eating initiatives continue to be promoted with a healthy eating workshop for children hosted in the Cassola canteen, where children learned to prepare and cook simple and nutritious food.
The focus on educating employees to enable them to make healthy decisions is also active within the Broadcast Division. Initiatives include occupational health services and talks, the cycle to work scheme under the Government’s cycle initiative in the UK, annual flu vaccinations, healthy eating, health and safety initiatives, and exercise programmes across the UK, US and Costa Rica.
We continue to invest in improving the work environment for our employees, creating contemporary spaces with upgraded technology and communication systems that enable collaboration and personal efficiency. We utilise web-based video-conferencing solutions where possible to facilitate global business meetings.
We have also listened to and responded to our employees’ views. The Photographic Division’s site in Cassola, Italy, opened a canteen in the building, providing hot food on site and using an online ordering system resulting in reduced food waste.
A summer camp programme for employees’ children aged between three and 14 continued in Italy in 2016, helping families with childcare during the school holiday period. Over 40 children enjoyed sporting and cultural activities over a number of weeks. For older children, a workshop was held in Milan to educate them about the world of work after leaving school. Hosted by HR managers from a number of Italian companies, the teenagers learned about CV writing, job interviews and the use of social media in recruitment.
We employ around 1,700 employees in ten countries who are managed in accordance with local employment legislation, policies and our organisational values. Attracting the talent we need and retaining their commitment to our organisation in all of the territories we operate in has required the organisation to adopt comprehensive benefits packages, to support our employees and remain competitive in a global market where talent is in short supply.
In the US our employees participate in a consolidated Health Benefits Plan that provides a valued level of healthcare. Employees at the Cassola and Feltre sites in Italy now benefit from the new Benefit Salute health care plan which has been promoted to provide an increasing number of services in line with our policies in terms of health, welfare and support of the individual employee. Similar plans are offered to employees in other territories.
Employees are also given the option to join pension plans appropriate to local markets. In the UK this involves a Company approved pension plan with minimum employer and employee contributions and in the US a 401k plan. Since April 2014 in the UK, all employees except for those who have expressly opted out, are now in a qualifying pension plan.
All employees in the UK, US, Italy, Costa Rica, France, Germany and Japan, are given the opportunity to join an all-employee Sharesave scheme on an annual basis, enabling the employee to save to purchase shares in the Company at a discounted rate. Employees save a fixed monthly amount of up to £350 (or US$500 in the US or foreign currency equivalent in other territories) over a fixed term (usually three years but two years in the US) with the option to purchase a fixed number of shares at a discount of up to 20% on the prevailing share price at the time of the offer. Over 600 employees participate in the Sharesave scheme across these territories which represents over 40% of eligible employees able to participate in the scheme. We will continue to offer this valuable benefit to employees annually and will look to extend it to other territories where possible.
The Photographic Division’s Italian sites offer employees a Vitec Shopping Card that allows employees to benefit from special prices on food, drink, travel, clothing, sport, cinema and medicine through agreements with local retailers. These discounts of up to 50% help employees to increase their purchasing power.
A Long Service Award programme has been reinvigorated at sites in the UK, US and Costa Rica. On achieving various milestones with the company, ranging from five to 40 years, employees are awarded “points” which can be used to purchase gifts via a website. During 2016, 83 awards were presented by the business unit senior managers at all-employee meetings to publically recognise these dedicated employees.