Liontrust Responsible Capitalism Report 2022 - Flipbook - Page 63
Employee engagement, representation and survey
COMMUNICATION BETWEEN EXECUTIVES AND EMPLOYEES
Liontrust encourages communication between our employees and
senior managers and executives. This communication can take the
form of:
purpose of this Committee is to advise the Management Committee
and the Board on issues relating to the workforce. It also aims to
ensure that all colleagues have the skills, motivation and opportunity
to develop and grow. The Committee meets regularly during the
year and has been instrumental in further developing the workforce
engagement survey.
• informal communication, including ad hoc discussions or
conversations
EMPLOYEE SURVEY (DECEMBER 2021)
In December 2021, we undertook our most recent workforce
engagement survey. The overall response rate was 79%, compared
to an industry average of the mid-60s%. Our engagement index
was 74%, sitting 4% above the norm (Liontrust has been compared
against a general normative database of survey responses from
over 150 organisations across a variety of sectors. All surveys have
been conducted within the last three years.)
• more formal feedback from employees to senior management
through regular team meetings and off-sites. Feedback here may
cover the Group’s strategy or the annual appraisal process
• regular town hall style meetings hosted by Liontrust’s Executive
team to provide employees with company updates and to
explain and discuss corporate strategies. The Chair and the Nonexecutive Directors are active in these meetings.
The survey was benchmarked against five pillars of engagement:
Engaging Managers; Employee Voice; Realising Potential;
Organisational Integrity; and Compelling Leadership – we scored
above the norm for every pillar.
WORKFORCE ADVISORY COMMITTEE
Liontrust’s Workforce Advisory Committee (WAC) consists of
representatives from across the business, including a Non-Executive
Director and one member of the Management Committee. The
72%
79%
2021
2020
Day to day
working life
83%
75%
87%
76%
73%
2021
2020
Learning and
development
2021
2020
Teamwork
2021
2020
Leadership and
communication
2021
2020
Line manager
2021
2020
Our values
2021
2020
Views on
Liontrust overall
Norm
Following the 2021 survey, all staff have had an opportunity to review and discuss the results at department result sharing meetings, as well
as to contribute to an overall departmental action plan. These discussions will form part of an overarching company action plan.
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