Care for human capital
CSR 2016 – Boskalis
46
Our field of work is largely project-based and knowledge
intensive. Talented, enterprising and highly skilled employees
are the key to our success, which is why talent management
plays a crucial role in the way we operate our business. Talent
management encompasses all the activities we develop in the
areas of recruitment, performance management, training and
development, and compensation and benefits. All our efforts
in these areas are aimed at ensuring the best possible match
between our employees’ skills and the qualifications needed
to execute our business plan and our strategy.
After a few very busy years the market outlook for Boskalis has
changed drastically as a result of continuing low energy and
commodity prices. Because we expect these market conditions
to persist in the coming years it is essential that we adapt to this
new situation. We therefore pursue a selective recruitment
policy which is geared to market demand.
PERFORMANCE MANAGEMENt
An important part of developing talent consists of recording and
supporting the personal development of our staff. In 2016, as
part of our HR information system Workday, we started rolling
out the performance management module, so that the entire
performance management cycle is now conducted in a uniform
and interactive way. The majority (83%) of our employees are
given an annual or semi-annual performance review.
TRAINING AND DEVELOPMENT
Trainee program for young talent
As a leading international company that undertakes high-profile
projects, we hold a great attraction for young people. We offer
a trainee program for graduates with a technical or financial/
economic background, who are further trained at our company
under the supervision of a mentor. They are introduced to a wide
range of our business activities and follow training modules to
increase their knowledge and develop their personal skills.
Talent management
A group of 25 trainees is currently gaining experience on various
projects in different teams within the divisions during three
six-month periods.
Young Professional programs
In order to develop our knowledge and expertise, we attract
experienced young professionals. In addition, we invest in
developing the competencies of our own young professionals, for
example in the areas of planning, calculation, risk management
and contract management. Our training portfolio is constantly
developing so that we can continue to meet the needs in the
market. In 2016 we once again selected a group of young
professionals for the Boskalis Offshore Professional Program,
which involves imparting knowledge specific to the offshore sector
in modules based on actual Boskalis projects. In addition, a group
of cost engineers continued their two-year post-graduate degree,
combining their learning experiences with working practice. Boskalis
also launched an ICT Young Professional program, in which a group
of employees are taking part. The program is aimed at giving an
impulse to the further professionalization of the ICT department.
Management Development programs
Leadership and personal development are a constant point of
attention within the organization. Developing personal leadership,
building an internal network and encouraging innovation and
entrepreneurship are important core values in our management
development programs. From February to December 2016, a
group of experienced tender and sales managers participated in
the Boskalis Contracting Academy program aimed at optimizing
their expertise on tender and sales management. Boskalis also
started preparations for a new Boskalis Operational Development
Program (BODP). This program is scheduled to start early 2017.
The BODP target group consists of around twenty project
managers from the divisions Dredging & Inland Infra, Salvage
and Offshore Energy. The two main subjects of the program are
personal leadership and project management.