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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.