Employment Programmes
Our Human Capital
The Human Capital fraternity at Foskor is an integral part of running the Foskor business. Foskor is committed to attracting, developing and retaining employees who are the soul engine/catalyst to the success of our business. The Human Capital fraternity is continuously striving towards the enhancement of a true business partner and to establish the company as Employer of Choice. Talent Management has become a mandate for Foskor seeking to create competitive advantage through their Human Capital assets by improving current performance and proactively preparing for the future.
In line with its strategy, Foskor commits itself to:
Providing all employees with access to learning opportunities which builds on their knowledge and skills and which provide them with a platform for further growth and development.
Providing learning opportunities and programmes which integrate theory and practical application.
Providing learning opportunities and programmes which are delivered through a variety of mediums and which makes best use of our technology and systems.
Enable skill acquisition through appropriate practical experience and exposure.
Providing fair, valid and reliable assessments that, where appropriate, result in the award of nationally recognised learning credits and qualifications.
Taking responsibility for and directing our own learning, growth and development.
Encouraging and directing others to learn, grow and develop.
Talent Acquisition
The purpose of Talent Acquisition is to identify tools and processes to increase Foskor's ability to acquire talent. Foskor aims to continuously ensure that we acquire the right Human Capital to meet current and future business objectives and create a work environment that can attract and engage employees to take ownership. We believe that embracing new employees are the heart of our business and by respecting each employee's unique skills we create a company that encourages remarkable success.
Talent Development
Learning & Development is a prerequisite for improved employee performance, for career development and for organizational growth. To this effect Foskor cultivate a culture of continuous learning by providing all employees with access to learning opportunities. Through talent development initiatives we discover, maintain and build each individual's competencies and potential. This approach creates a work environment that recognises employees and enables them to perform, excel and be recognised for their achievements.
We believe in empowering all staff with the knowledge and skills they need to help us grow the company, but also to develop personally. It is beneficial to both employees and employer, to ensure that employees have the necessary skills and expertise to meet current and future challenges within the sector. In addition to offering employees Learning & Development Programmes within the workplace, Foskor encourages employees to strive to enhance both their academic and professional qualifications.
Talent Retention
The purpose is to identify and retain critical talent in Foskor. Retaining talented individuals continues to be an important driver of our Human Capital Strategy. Particular cognisance is taken of the need to retain women. Construct and deliver an effective Employment Value Proposition (EVP)
Various talent retention initiatives have been embarked upon:
Scarcity allowance for scarce and critical positions
Long-term and short-term incentive schemes
Sign-on bonuses
Further initiatives implemented and utilised as retention mechanisms are:
Leadership Development programmes
Executive Coaching programmes
Employee study assistance and
Employee dependant bursary scheme
