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Human

Resources

“GB Auto’s graduate programs create

links with educational institutions to

position the company as an employer

of choice in Egypt and the region.”

People are the backbone of GB Auto

and are our most valuable asset and

resource: From the boardroom to the as-

sembly line to the sales floor, GB Auto’s

success is driven by people. Knowing

that, the company has invested heavily

in all aspects of its human resources. GB

Auto and all its subsidiaries and ven-

tures employed 7,342 staff members as

at 31 December 2014.

GB Auto HR Initiatives

Believing that the success of the com-

pany depends on the well-being, moti-

vation and satisfaction of its staff, GB

Auto’s Human Resources Department

has launched a number of key initiatives,

chief amongst which are:

• Introducing an employee stock

ownership program of 5% of the

company’s issued and paid in capi-

tal. The program has two tranches

—discounted shares and free shares

— with a lock-up and vesting period

of two and three

years. The shares

2010. The GB Academy began as a col-

laboration agreement between GB Auto

and Centennial College of Toronto, Can-

ada. Located in Abu Rawash - Giza, the

Academy training site opened its doors

in June 2013 and has since been training

the nearly 7,500 GB Auto employees both

nationally and regionally.

GB Academy’s mission is to deliver

premium quality training to ensure im-

proved work standards, a qualified work-

force, superior customer satisfaction and

a diversified training portfolio.

The 3,400 square meter training

facility includes automotive technical

blended-use workshops, business skills

classrooms, an assessment center and

meeting rooms along with an indoor-

outdoor conference center.

Today, the GB Academy holds more

than 100 classes each month and has a

portfolio of more than 120 courses on

topics ranging from automotive basics,

brand-specific technical training, prod-

uct launches and upgrades training, busi-

ness skills and management training.

granted to staff are based on perfor-

mance, grade and seniority;

• Revamping and launching a new

and very competitive medical insur-

ance scheme;

• Introducing a high-quality Life and

Accident Insurance plan;

• Finalizing a savings and pension

plan for staff, which will be released

shortly;

• Implementing a system of salary re-

views based on Hay benchmarking,

providing for standard annual as

well as performancemerit increases;

• Recognizing “Employees of the

Month,” which is currently being

piloted in select business units;

• Enhancing focus on training and

development tomanage a successful

career path.

GB Academy

Realizing the value and importance of

enhancing the knowledge and skill sets

of all our technical and business teams,

GB Auto established the GB Academy in

Ghabbour Auto | 2014 ANNUAL REPORT

38