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HUMAN CAPITAL: INVESTMENT AND DEVELOPMENT

continued

Additional human capital measures

Total working days

55 352

Total number of person days lost due to absenteeism

(sick, family responsibility and maternity leave)

1 321

Percentage of total person days lost due to absenteeism – calculated or reported (%)

2

Total number of person days lost due to industrial action (ie strike action)

0

Percentage of total person days lost due to industrial action – calculated or reported

0

Employee relations

The national human resources manager is responsible for employee relations. A disciplinary and grievance policy governs these employee relations and

is available on the company intranet, in hard copy at each management

office, and on the website.

There were four disciplinary cases during the year, resulting in one

dismissal. One grievance was reported.

Employee benefits

To entrench Hyprop as a preferred employer, we offer a range

of employee benefits that exceed legislated minimum standards,

including:

Q

Membership of a defined contribution pension fund with death,

disability and funeral benefits

Q

Four months’ partially paid maternity leave (paid at 55% of cost to

company)

Q

Annual leave rises to 20 days after five years with the group

Q

Employees qualify for six days’ paid study leave for approved

qualifications.

Non-discrimination

Discrimination is not tolerated. Any reported instances are immediately

and appropriately dealt with under our code of ethics and conduct and

related disciplinary procedures. Relevant policies are regularly reviewed,

updated and distributed to employees.

No incidents of discrimination were reported during the year.

Labour relations

Hyprop has no unionised employees and there was no impact on

business from industrial or labour unrest during the year.

Hyde Park Corner, Johannesburg

50

Hyprop Investments Limited

Integrated Report 2015

SOCIAL AND ETHICS REVIEW