Tesco 2011 Annual Report Download - page 46

Download and view the complete annual report

Please find page 46 of the 2011 Tesco annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 162

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162

To build our team so that
we create more value
We are sharing operational excellence and
leadership excellence across the Group so that
we can successfully develop capability and
nurture talent across our growing business.
492,714
Employees
75%
We pay at least 75% of employee
medical, dental, prescription and
vision costs in theUS
1,274
Employees at Tesco Bank
£105.5m
Value of shares awarded under
Shares In Success
70%
Increase in the number of female
Directors across theGroup
Introduction
We treat people how we like to be treated. We want our people to
enjoy working at Tesco. Our people do a great job each and every
day by giving our customers the best possible shopping trip.
By creating an open environment of trust and respect, our people
feel supported, they share their knowledge and experience and
work hard to give our customers great service.
We support our people, trusting in their ability to deliver while
helping them to reach their full potential. We encourage our
people to learn on the job and take responsibility from day one.
Giving our people an opportunity to get on in their careers is very
important. With the increasing breadth of the Tesco business,
our people have a great opportunity to develop their skills and
experience across new product areas, services and countries.
Every year, we build our plans for the year around our People
Promises. We want all of our people across all of our markets to:
• be treated with respect;
• have an opportunity to get on;
• have a manager who helps them; and
• have an interesting job.
It’s through our People Promises and our benefits package that we
are proud to say that our people stay with us for a long time. Around
half of our Director population has at least 12 years’ service.
In recognition of the importance of people across our business,
our Group Personnel Director, Alison Horner, is now part of our
Executive Committee. Alison is a great example of talent developed
in Tesco, with 12 years of experience across the business in both
Personnel and Operations.
42
TESCO PLC Annual Report and Financial Statements 2011
BUSINESS REVIEW
Building our team