Workplace

Performance
Per cent. of survey respondents proud to be
associated with Schroders

The Group has more than 2,700 employees across 25 countries. Our aim is to be an employer of choice and one of our strategic priorities is to develop our talented people in order to deliver to our potential.

We work to ensure that our employee policies reflect best practice within each of the countries in which we operate, and that our employees understand the strategic aims and objectives of the Group, are clear about their role in achieving them and participate in the wider community. We communicate regularly with employees worldwide. We utilise employee meetings to facilitate the exchange of views with senior management and discussion of the progress made by the Group.

Communication

In the UK, there is an Employee Consultation Forum consisting of employees elected by their peers. Members of the Forum meet regularly with management as a Joint Consultative Group which discusses employee-related matters and provides feedback and recommendations to senior management.

Remuneration

Our approach to remuneration is consistent with our ambition to be an employer of choice. We have developed flexibility to enable our employees to personalise elements of their remuneration package to suit their own needs and ambitions.

High ethical standards

We actively promote high ethical standards. Concerns about behaviour, or decisions that are perceived to be unethical, can be raised by employees through our internal ‘whistleblowing’ process. Personal securities trading by employees is regulated. Employees are not permitted to solicit or accept any inducements which are likely to conflict with their duties. Training is provided in relation to these issues and in relation to money laundering, terrorist finance, data protection and treating customers fairly.

Diversity

We are committed to providing equal opportunities in employment and to avoiding unlawful discrimination. We expect our workforce to reflect the diversity of the many communities in which we operate. We recognise that through the attraction and retention of a diverse workforce we are better able to understand the needs of all our clients.

A flexible working policy has been developed to recognise the diverse needs of employees in managing the responsibilities of their work and personal lives. We believe that achieving an effective balance in these areas is beneficial to both the Group and the individual.

Equality

It is the Group’s policy to give fair consideration to all applications received, having regard to their particular aptitudes and abilities. For the purposes of training, career development and progression, all employees are treated fairly with other employees. The Group is committed to creating a work environment free of harassment and bullying, where everyone is treated with dignity and respect. A policy is in place to assist the Group and our employees in putting this commitment into practice to treat everyone fairly regardless of their age, gender, race, sexual orientation, disability, religion or belief.

This policy is monitored periodically to judge its effectiveness and will be updated in accordance with changes in the law. Where possible, we will capture the ethnic, age and gender composition of our existing workforce and those applying for jobs and the number of people within each of these groups. Our equal opportunities policy will be reviewed in the light of this information.

One of our priorities is
to develop our talented people in order to deliver
to our potential.

Personal development

Our performance management process comprises an annual performance appraisal against agreed objectives and our core values. Output from this performance process is used to inform decisions on remuneration, career development and progression.

In creating a high performing organisation, we recognise the importance of encouraging all our employees to learn, develop and fulfil their potential. We provide our employees worldwide with access to a range of training and development opportunities that are relevant to our business.

Health and safety

We promote high standards of health and safety at work and have a global health and safety policy, which we expect all employees to follow and which highlights our commitment to ensuring employees are provided with a safe and healthy working environment. Training is offered to all employees.