Ferrovial - Annual Report 2008

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Human Capital

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Human Capital

Ferrovial is a diverse and global company with a staff of over 106,596 employees working in 49 different countries. The combination of talent and dedication embodied in the professionals of the Ferrovial Group is one of the vital pillars that ensure the company’s success.

Human Capital 2008 2007 2006 Var 08-07
Average workforce 106,596 102,425 88,902 4.07%
International workforce l (%) 60.33 59.82 59.67  
Staff on long-term contract (%) 81.98 78.56 84.00  
Staff on voluntary part-time contract (%) 15.44 11.63 30.63  
Has good employees (perceived)* 72.7 70.93 68.85 2.50%
Workforce length of service (years) 6.44 6.26 6.5 2.87%
Average employee age (years) 40 39 39 1.44%
Takes an interest in employee welfare (perceived)* 65.78 62.53 58.22 5.19%
Satisfied employees (%) 71.00 NA 58.00  
Turnover rate (%) 10.87 10.25 7.30  
Investment in training per employee (€) 238 314 214 -24.36%
Investment in training/ turnover 0.20 0.22    
Employees given performance reviews (%) 68.27 37.00 NA  
Employees with variable remuneration (%) 17.45 20.26 32  
Employees promoted 4,972 6,075 4,846 -18.16%
Expatriates 426 363 210 17.36%
Good place to work (perceived)* 70.45 67.9 65.54 3.75%
Applications to work for Ferrovial 177,158 121,986 NA 45.18%

The working relationship with Ferrovial employees is handled by the Human Resources Department, which is responsible for defining, enacting and overseeing a global, balanced model focused on those processes and groups of strategic importance to the organization. This duty is particularly vital today given the significant growth that the company has experienced in recent years as well as its increasing diversification and internationalization.

Ferrovial’s vision for its Human Resources Department is a team capable of providing innovative people management solutions that are attuned to the new needs of the company and its professionals and generate value for the organization.

By business areas: 12.6% of employees works in the Airports division; 4.2% in Toll roads and Car parks, 13% in Construction, 70% in Services and 0.3% in Headquarters.

More than 81% of the employees are operators and technicians, 9% are graduates and undergraduates, 7.42% are admin staff and 1.79% are managers that at the end of 2008, had a average age of 44 and nine years of experience in the company.

Commitment

  • To recruit and motivate the best human capital.

Lines of action

  • To define, implement and manage a global, well-balanced human resources model that focuses on process and groups of strategic importance to the organization.
  • To design reliable instruments for evaluating the quality of labor relations and the degree of motivation and career advancement of those who work for Ferrovial as the means for improving efficiency in the workplace.

Milestones in 2008

  • Definition of corporate values.
  • International Employee Satisfaction Survey with a 58% participation rate.
  • First Strategic Management Program.

2009-2010 Objectives

  • Transmit Ferrovial’s new corporate values.
  • Implement a worldwide intranet for the entire group.
  • Establish flexible remuneration plans for all structural staff in Spain.
  • Implement job position map for structural staff positions.
  • Offer career training plans in strategic support areas in Ferrovial University.
  • Implement the Management Abilities Global Model.
 
 
© Copyright 2009. Grupo Ferrovial In agreement with:

This is an electronic version of the 2008 Annual Report prepared by Grupo Ferrovial S.A. for its stakeholders, which aims to be complete and accurate. The contents of this version can be checked by referring to the print version. A copy of the print version in PDF format is available to download on this web page