Employee Attraction, Retention, and Development Why is employee attraction, retention, and development important? An engaged and skilled workforce is key to any organization’s success. In geographically diverse organizations, multi-faceted and multi-cultural work forces bring a wide array of experience, knowledge, background, culture and heritage, all of which can lead to innovation, enhanced operations, and improved relationships with COIs. In the mining industry, it can be challenging to achieve a skilled, engaged, and diverse workforce due to remoteness of operations, traditions, local demographics, an aging workforce, and competition for talent. At Pan American Silver, we recognize that our people are critical to our success. We are committed to recruiting and retaining top talent by building a respectful organization that is representative of the communities in which we operate.
Material Topic
Employee attraction, retention, and development
Sub-topic
Employment conditions and benefits Employee and contractor training and development Inclusion, diversity and equal opportunity Labour relations Non-discrimination and pay equity
Definition
Creating the right conditions to attract, develop, and maintain a talented and engaged workforce
Feedback From COIs
Employees and potential employees look to us to provide fair compensation, stable employment, development and training Diversity in our workforce and equal opportunity for all our employees Non-discrimination in our workforce, including equal pay for men and women
How We’re Responding
We hire locally and create other employment opportunities through our procurement and other socio-economic programs We are implementing diversity and inclusion programs at all sites. We set salaries based on objective criteria, not gender
64 // 2019 SUSTAINABILITY REPORT
POTENTIAL RISKS AND IMPACTS Skills shortages and competition for talent Labour disruptions and work stoppages Low productivity and efficiency
RELATED SDGS
