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Human Resources
People are GB Auto’s backbone and are our most valuable
asset and resource: From the boardroom to the assembly line
to the sales floor, GB Auto’s success is driven by its people.
Knowing that, the company has invested heavily in all as-
pects of its human resources. GBAuto and all its subsidiaries
and ventures had 8,034 staff members in employment as of
31 December, 2015.
GB Auto HR Initiatives
Believing the success of the company depends on the wellbe-
ing, motivation and satisfaction of its staff, GBAuto’s Human
Resources Department has launched a number of key initia-
tives, chief amongst themwere:
• Channeled partial proceeds from the rights issue to staff
members benefiting from the Employee Stock Ownership
Program, ESOP, which was launched in late 2014. ESOP
has two tranches — discounted shares and free shares —
with a lock-up and vesting period of two and three years.
The shares granted to staff members through ESOP are
based on performance, grade, and seniority.
• Created a new medical department to cater to all aspects
of our staff members’ medical and health-related needs.
In that vein, the department conducted medical check-
ups, launched seasonal flu vaccination programs, and or-
ganized a number of health and safety awareness events
during the year.
• Further updated the company’s very competitive medical
insurance scheme and enhanced the Life and Accident In-
surance plan, both of which were launched in the second
half of 2014.
• Finalizing a savings and pension plan for staff, which will
be released shortly.
• Implementing a system of salary reviews based on Hay
benchmarking, providing for standard annual as well as
performance merit increases.
• Recognizing “Employees of the Month,” which is currently
being piloted in select business units.
• Enhancing focus on training and development to manage
a successful career path.
GB Academy
Realizing the value and importance of enhancing the knowl-
edge and skill sets of all our technical and business teams, GB
Auto established the GBAcademy in 2010. The GBAcademy
began as a collaboration agreement between GB Auto and
Centennial College of Toronto, Canada.
Located inAbuRawash, Giza, the academy training site opened
its doors in June 2013 and has since been training the nearly
8,000 GBAuto employees both nationally and regionally.
GBAcademy’smission is to deliver premiumquality training to
ensure improved work standards, a qualified workforce, supe-
rior customer satisfaction, and a diversified training portfolio.
The 3,400 square meter training facility includes automotive
technical blended-use workshops, business skills class-
rooms, an assessment center and meeting rooms along with
an indoor-outdoor conference center.
Today, the GB Academy trains an average 100 people per day
and has a portfolio of more than 185 courses on topics rang-
ing from automotive basics, brand-specific technical train-
ing, product launches and upgrades training, business skills
and management training.
During 2015, the academy signed a cooperation agreement
with Cisco that now allows it to offer the full-range of Cisco
Academy ICT training courses to bothGBAuto staff members
and non-staff members to help them embrace the growing
technology in today’s Internet-of-Things Era.
40 | GB Auto |
2015
Human Resources