Secure the talent pipeline and ensure a fair and respectful workplace
We seek to attract, develop and retain the best people, and engage them over the long term. We are committed to eliminating unsafe workplace conditions and behaviours, and to keeping our people healthy. We continue to work hard to develop an organisational culture based on trust, and to embed ethics and integrity into that culture in order to create a fair and respectful workplace.
Our people are our most important asset. Engaging and developing our people for the long term is our firm objective.
The Group's personnel are the most critical factor for the successful execution of our business strategy. We thus invest significant resources in the selection, recruitment, training and retention of our people, and institute performance evaluations to ensure alignment with our strategy and compensation policies.
Our ability to select, recruit, train and retain personnel with knowledge, skills and experience is fundamental to the Group's ability to achieve its strategic goals.
To ensure that our people are trained and committed, we provide extensive personal and professional development opportunities, competitive wages and compensation packages and a workplace culture that fosters teamwork.
We are committed to providing a safe equitable and fair work environment with a Board-level commitment to sustainable development.
We strive to maintain mutually respectful relations with the local labour unions through continuous dialogue and collaboration, including yearly contract negotiations with that part of the workforce that is unionised.
Our long-term talent management efforts include the promotion of the earth sciences. For nearly 10 years we have recruited interns who study mining, metallurgy, geology, topography and environmental engineering from prestigious Mexican universities such as the National Autonomous University of Mexico, the National Polytechnic Institute and local universities. Many of these trainees are offered permanent employment by the Group.
» Successfully negotiated a remuneration adjustment with four union committees
» Minera Saucito introduced our first breastfeeding room to provide a family-friendly environment
» Growth of workforce and use of more international training providers led to an increase in total training investment
» US$4.58 million invested in employee training and development
» US$82.9 million in benefits and payments to employees