Skills and career development - A Group priority

Objectives

  • To encourage mobility, a valuable asset in the development of the Group,
  • To help employees develop and rise through the ranks,
  • To foster the personal fulfilment and motivation of staff and to discover new talent,
  • To invest in innovative training programmes and resources (tailored courses, e-learning modules, etc.),
  • To continue implementing the new appraisal system.

Highlights in 2010

  • 117,245 Group employees completed at least one training course in 2010, 60.72% of whom were women.
  • 3.53 million hours of training given.
  • Over 2009/2010, 252 employees achieved France's banking classification Level E, obtaining the status of Banking Technician (Cursus TMB).

Career development - an asset for Societe Generale and for its employees

Societe Generale Group places great emphasis on the professional development of its staff and on tailoring its career management, mobility and training policies to suit the needs of its individual staff and business entities alike.
In 2010, the bank implemented a new leadership model - a common, transparent reference for the entire Group which clearly defines its expectations for each person according to their level of responsibility and is intended to foster dynamic change for all Group employees. This leadership model is associated with all key HR processes, such as induction and recruitment, and is integrated in the new appraisal model which is being rolled out across the entire Group between now and 2012.
The Group’s aim is to drive employee development through:
  • a common appraisal system for all staff across the Group;
  • investment in training to develop new skills and career promotion;
  • a mobility system of regular transfers between businesses, roles or locations to further add to an employee's professional experience.
Today, international mobility is central to the development of the bank and the careers of its employees. In order to contribute to the diversity of its teams and the career paths of its staff, Societe General's International Mobility programme has been opened to employees the world over, beginning with the Group's subsidiaries in Europe.

Mobility - a strong driver for development

Staff mobility overseas is encouraged by Societe Generale as it fosters a deeper understanding of different cultures and stronger team cooperation. While mobility only affects a limited number of staff, it is vitally important for certain activities overseas, such as the Group’s International Retail Banking and Private Banking businesses. Carefully structured according to specific rules and processes, overseas mobility is an excellent way of using employee expertise where it is needed most.
In France, functional mobility affects a large number of employees. In 2010, 8,879 employees changed jobs, 62% of whom work in Retail Banking. In terms of internal promotions, 3,973 Societe Generale France employees changed status in 2010, 56% of whom were women.

Training - an ongoing investment

Training means acquiring new skills in order to progress alongside the company both today and in the future. Developing each employee’s full potential is one of the Group’s priorities.
Societe Generale offers business-specific training programmes and innovative training resources that are tailored to each type of position and level of experience. It also offers career development courses (promotions, management, skills development).
Moreover, to reinforce its international presence, Societe Generale has added English lessons to its catalogue of training programmes.
Personalised training is now also offered to employees via several types of learning methods (e-learning, one-on-one classes, telephone lessons, etc.), depending on their level and the requirements of their day-to-day activities.
Access to these different training offers is made easy thanks to Societe Generale's new MyLearning platform which will also encourage the Group’s French and international subsidiaries to make increasing use of the bank's e-learning modules. MyLearning is part of the Group’s ambition to provide each employee with the best possible training for their position by providing custom-designed courses.