People management – employees, clients and candidates
We recognise the value and contribution employees make to the success and growth of the business. We have developed a range of employee policies and procedures to support the recruitment, retention and recognition of employees, including around equality and diversity, health and safety, reward and recognition and training and development. We also recognise renewed community concerns about remuneration practices at the senior executive and director levels. To ensure that our executive remuneration is aligned with shareholders’ interests, a significant portion of executive remuneration is at risk and dependent upon both the short-term and long-term performance of the Company. Rubicor is committed to the highest standards of customer care, for both its clients and its candidates and to meeting or exceeding industry expectations of best practice.
Rubicor holds a better diversity balance when compared to Australian workplace statistics nationally, particularly within the area of gender diversity. As at 30 June 2011, Rubicor’s workforce was 63.5% female (compared to 45.6% nationally). 34% of the MDs of our operating companies are women; 60% of our executive team and 25% of our board is female. The national averages for women employed in executive positions is 8% and as board directors 8.4%. Rubicor understands the value of balance and diversity in the workplace. Our diversity policy is effective in meeting the needs of return–to–work employees, flexible work arrangements and other needs associated with diversity in the workplace. (National statistics sourced from Equal Opportunity for Women in the Workplace Agency (EOWA) as at 22 August 2011.)
Governance and risk
Rubicor has adopted a written Code of Conduct, which applies to all of its executive and non-executive Directors, officers, employees, contractors and consultants and ensures that all persons dealing with Rubicor can be guided by the stated values and practices of Rubicor. Rubicor has also endorsed each of the ASX Corporate Governance Council’s Principles of Good Corporate Governance and Best Practice Recommendations, exemplifying its commitment to good corporate governance. The Board ensures that Rubicor management maintains the highest level of corporate ethics.