Integrated Annual Review 2012 Annual Financial Report 2012 Mineral Resources and Mineral Reserves Regional overview  

7.1 Becoming the employer of choice

Our Vision of global leadership in sustainable gold mining requires us to:

  • Create the greatest enduring value from gold, which means not only generating optimal financial value for our investors, but also sustainable socio-economic value for our employees and communities
  • Understand and support stakeholder needs, by ensuring we effectively address the concerns of those stakeholders who have the ability to influence the long-term success of our business
  • Leave a legacy of shared value, through the delivery of meaningful and lasting benefits to our employees, communities and host governments

It is these requirements that sit behind our strategic objective of 'securing our future'.

We are determined to ensure that Gold Fields is the place to work in all of our countries of operation. This means ensuring that employees:

  • Enjoy optimal working conditions and development opportunities in return for their motivation and loyalty
  • Can be confident of their safety – and the safety of their colleagues – when they enter their workplace
  • Are acknowledged and rewarded for their essential contribution to value creation
  • Know that they have made the right decision – for themselves and their families – by joining forces with the world’s most sustainable gold miner

Figure 7.1: Group human resources performance (pre-unbundling)

  Category 2012   2011   2010   2009   2008  
  Total employees (excluding off-payroll contractors) 48,1204   46,378   47,268   51,122   49,325  
  HDSA employees in South Africa (%)1 63.6   63.0   61.5   60.9   58.4  
  HDSA employees in South Africa (% Management)1 43.0   42.7   41.4   39.1   37.2  
  National employees in Ghana (%) (Excluding contractors) 98.00   98.00   96.92   96.91   97.08  
  Minimum wage ratio2 2.83   2.52   2.72   2.79   2.52  
  Female employees (%) 8.7   8.0   7.4   6.9   5.7  
  Ratio of basic salary of men to women 1.01   1.06   1.05   1.07   1.12  
  Employee wages and benefits (Rm) 8,790   7,9513   7,514   6,612   5,804  
  Average training (hours per employee) 143   128   n/a   n/a   n/a  
  Employee turnover (%) 7.89   10.72   13.41   13.70   18.57  
1 Excluding foreign nationals, but including white females; HDSA – Historically Disadvantaged South Africans
2 Entry-level wage compared to local minimum wage
3 Restated from 9,448 to 7,951 as the number previously included head offices and shared services staff in addition to mine personnel
4 This number includes employees from Growth and International Projects for the first time

Relevant stakeholder promises:

  • A winning, safe and productive team: If we cannot mine safely, we will not mine. We seek to eliminate all harm to our people. Motivated and loyal employees act as our ambassadors. They enable safe production and exceptional value creation. Our ability to attract and retain top talent creates a key competitive advantage
  • The most trusted and valued mining partner: We build strong relationships with key stakeholders in the communities and societies in which we operate. We measure the contributions we make as we create and share value to leave an enduring, positive legacy