Accountability

Corporate responsibility report

Employees

Amlin’s vision includes being recognised as the place to work in our sector, with staff that understand our strategy and their role in reaching and exceeding our goals. An important element in achieving this is being a responsible employer, operating first class employment practices and engaging with employees. Activities aimed at meeting and advancing our position in relation to these aims are described in the People section of the Review.

During 2008, notable achievements included:

the successful management of organisational change and succession in support of business needs
the implementation of individual development plans for our future leaders under the Compass and other proprietary programmes
a review of the Group’s reward systems and their alignment with the FSA’s view on best practice
an increase in the number of flexible benefits offered to all employees under the Amlin Advantage scheme
a further award under the Share Incentive Plan, such that all those employed since the middle of 2007 now have a stake in the Company’ equity valued in excess of £7,000 at 31 December 2008
the number of staff taking sabbatical leave during 2008 was maintained at 21 per cent of those eligible. Sabbaticals reward those with service of more than ten years with an opportunity for more extended family time, travel or other life enhancing activities.

The good conduct of employees in their management of business relationships and with colleagues is critical to creating pride in the Company and to our aspiration to be a socially responsible company. We also believe that initiatives creating a better work/life balance are directly beneficial to the Group by improving efficiency and morale. Amlin’s core corporate values are an important part of the Code of Conduct (available on our website) to which all employees are expected to adhere.