Sasol Limited Sustainability Report 2021 - Book - Page 12
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SUSTAINABILITY PERFORMANCE AGAINST OUR FOCUS AREAS: SAFE AND ENDURING OPERATIONS (CONTINUED)
Human Capital: Labour management
Attracting, developing and retaining highperforming people is fundamental to creating
value and is one of our material matters.
We are committed to offering a compelling
employee value proposition (EmVP) fostering
positive relationships with our employees,
developing our leadership capability,
promoting a diverse and inclusive culture
and developing talent and critical skills.
Our approach
Delivering a compelling EmVP
In line with Sasol’s revised strategy, our human
resources work enables a future-fit, customer-centric
business through simple, innovative people solutions
with the following focus areas:
• Labour stability and employee productivity;
• Capability building; and
One of our key enablers is to continuously review and enhance
components of our EmVP by driving capability building and
promoting employee engagement, diversity, equity and
inclusion in the workplace. In 2021, we placed more emphasis
on the review of our EmVP. To support our Chemicals and
Energy Businesses, we expect this to continue in the context
of the future of work, re-contracting with our employees
and driving retention.
• Organisational culture transformation.
Demonstrating care for our people is a core Sasol value.
Empathy and compassion for employees was particularly
important in 2021, given the significant changes that
impacted them as a result of our Sasol 2.0 transformation
journey as well as the COVID-19 pandemic. Our
transformation journey entailed a new operating model, and
various alternative measures to minimise retrenchments.
In responding to the rapidly evolving world of work due to
the pandemic and Sasol 2.0, we strengthened our EmVP
despite our constrained financial position. Among our main
initiatives were the following:
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We introduced the Ntsika entrepreneur development
programme to assist those South Africa-based employees
who were likely to exit the organisation as a result of the
Sasol 2.0 transformation programme. Topics covered by the
programme included orientation and awareness; opportunity
ideation, exploration and refinement; business model
optimisation; and business establishment.
We reviewed our Flexible Work Arrangement Policy for
employees in South Africa and Mozambique, introducing
a hybrid approach to flexible working practices aligned to
global trends and Group policy.
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We implemented a special salary adjustment for most
employees who had not received one in 2020. This was
in recognition of their significant effort to deliver on Sasol
2.0 targets.
We supported employees who received Sasol shares under
Tier 1 of the Sasol Khanyisa Employee Share Ownership Plan
(ESOP) by providing them with a platform on which to sell their
shares or – if they wanted to retain them as an investment –
to have them transferred into personal stockbroking accounts.
16 000 employees in South Africa were beneficiaries of
R750 million worth of Sasol shares, which they received on
1 June 2021. An average payout of R52 790 before tax was
received by beneficiaries. The Sasol Khanyisa ESOP is part of
Sasol’s commitment to transformation in South Africa.
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We completed the Maputo office relocation in Mozambique
and in the United States, we supported disaster recovery
loans to employees after natural disasters.
We transferred the administration of our medical aid plan
from Medsheme to Momentum Health Solutions. This is
to ensure that the scheme continues to offer the requisite
benefits to our employees.
Our employer brand
• Our employer brand is informed by what people think, feel and experience about Sasol as a place of work. We continuously invest in ensuring
that the Sasol employer brand remains relevant and compelling so that we attract and secure the right people who can excel in their careers
and contribute towards our Purpose of ‘Innovating for a better world’.
• In 2021, Sasol was certified a 'Top Employer' for the sixth consecutive year and ranked 10th in South Africa out of 96 companies. The ranking is
based on employers who provide excellent employee conditions, nurture and develop talent throughout all levels of the organisation, and who
strive to continuously optimise employment practices. Furthermore, Sasol continues to be one of the most admired employer brands with over
669 000 LinkedIn followers.
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Sasol Sustainability Report 2021