Barclays 2010 Annual Report Download - page 28

Total tax contribution
Barclays role as a corporate citizen remained a key priority in 2010 and an
important aspect of this was the tax contribution made to governments
in the countries in which we operate.
In 2010 we made global tax payments of £6,149m, made up of £3,138m
of taxes borne by Barclays and £3,011m of taxes collected from others
on behalf of governments, principally being employee income taxes
which arise through Barclays economic activity. Barclays paid corporate
income tax of £1,458m in 2010.
The total tax paid to the UK Exchequer in 2010 was £2,827m, made up
of £1,381m of taxes borne by Barclays and £1,446m of taxes collected
on behalf of governments which includes £1,347m of tax payments
made on behalf of staff.
Our People
Global minimum standards
To maintain balance between overall control and effective local decision
making we have established global governance frameworks and minimum
standards to regulate how we manage and treat our employees around
the world. The key areas covered are summarised below.
Performance management and compensation
The performance and development process provides employees with the
opportunity to have regular discussions with their line managers about
their performance and to receive coaching for their personal development.
This is typically assessed twice a year and a performance rating agreed.
We believe in pay for performance based on the performance of individuals
and their businesses.
Diversity and inclusion
Barclays operates across the globe and engages with employees across a
wealth of diverse and rich cultures. Our mission is to create a truly inclusive
environment through ensuring that we treat people fairly and value diversity.
Health and safety
Our commitment is to ensure the health, safety and welfare of our
employees and to provide and maintain safe working conditions. Good
working climates will help our employees to better serve our customers
and create value for all our stakeholders.
Training
Developing both existing and new employees is key to our future prosperity.
We undertake this through formal classroom-based training and informal
on-the-job training, education and coaching. Minimum mandatory training
is provided to all employees on policies and regulatory responsibilities.
Citizenship
continued
Global employment statistics
%
% of female employees
% of senior executives
who are female
% of senior managers
who are female
% of employees working
part-time
Turnover rate
Resignation rate
Sickness absence rate
52.0
51.1
16.1
15.3
23.7
23.6
8.2
5.2
16.9
16.9
10.5
9.9
3.0
2.3
2010
2009
Headcount by world region – full time equivalent
000s
UK
Africa and Middle East
Continental Europe
Americas
Asia Pacific
58.1
55.6
50.4
50.7
13.6
13.6
11.5
12.3
13.9
12.0
2010
2009
Tax paid by region
Taxes
borne
£m
Taxes
collecteda
£m
Total
£m
1
2
3
45
1UK 1,381 1,446 2,827
2Americas 506 932 1,438
3Europe (excluding UK) 721 225 946
4Africa and Middle East 324 325 649
5Asia Pacific 206 83 289
Total 3,138 3,011 6,149
Tax paid by type
Total
£m
1
2
3
4
56
1Taxes collecteda 3,011
2Corporate tax paid 1,458
3Employer NIC/
social security payments 736
4Irrecoverable VAT paid 441
5Bank payroll tax 437
6Other 66
Total 6,149
Note
a Taxes collected on behalf of governments, including income tax and social security
payments for employees (of which £1,347m relates to UK employees).
26 Barclays PLC Annual Report 2010 www.barclays.com/annualreport10