A Fair, Safe and Healthy Work Environment

As a fair and equitable employer, CITIC Limited recruits employees based on their qualifications and provides them with safe and healthy workplaces. We prepare medium- and long-term career development plans for our employees and maintain an updated labour contract system so that our staff can grow as the Company grows. We do this to establish a harmonious and stable relationship with our employees and ensure our continuing long-term development.

Employees

At the end of December 2014, the total number of employees of CITIC Limited was 125,273. To motivate our employees and improve staff loyalty, we adopted a market-based incentive and appraisal regime that correlates salary with performance. This approach underlies our human resources policies, including salary adjustments, bonus distributions, job promotions, training and staff incentives.

Staff Overview

An equal opportunity employer

We welcome a diversified workforce and select potential employees strictly on merit. We offer equal opportunities for employee recruitment, career advancement, training and development. Employees are rewarded according to their qualifications, experience, capabilities, competency, performance and contribution during their tenure of office with the Company.

Remuneration

Our market-oriented remuneration policy is guided by the remuneration policies of governments in the respective jurisdictions where we are located, making reference to data provided by professional advisory bodies. Equal emphasis is placed on the external competitiveness of employee remuneration and fairness in internal remuneration

We are in strict compliance with government requirements for insurance and benefit plans, working hours and vacation policies. Most of our subsidiaries also provide their employees with additional benefits and insurance coverage, such as supplementary pension schemes (voluntary contributions to mandatory provident funds) and supplementary medical insurance.

We provide staff with training opportunities through a variety of channels to enhance their professional capabilities and to stimulate value creation. We also offer diverse career development plans for our employees to better attract and retain talent.

Each year, we work out education and training programmes using various methods to increase their effectiveness and relevance. These include education programmes and training in professional skills, job skills, technology and professional management. Training channels range from remote video to on-site courses as well as domestic and overseas study programmes. We also organise regular exchange programmes for outstanding management staff across all of our industries and operations, with an emphasis on actual work practices. In addition to these, we design and deliver training programmes specifically for management, professional and technical staff.

Occupational Health and Safety

To protect our staff, we continuously upgrade our occupational health and safety management system and keep track of employees’ physical and mental health in order to prevent or reduce occupational diseases.

We aim to prevent serious incidents by putting in place safety mechanisms and strengthening our safety management based on accountability. We have also implemented an emergency management system that has improved our ability to handle emergencies.