, Sustainability Report 2011
 

 

Who works at Codelco?

At Codelco, we value the responsibility and commitment of our employees, their competence, work excellence and their ability to work as a team. Therefore, we constantly develop and maintain highly motivated workers, able to comply with global performance excellence standards. Their professional and personal formation is fundamental, as is the promotion of their health, prevention of diseases, and the dissemination of healthy lifestyle practices.

(2.8 / LA1) 2.8 Dimensiones de la Organización, incluido: número de empleados, ventas netas, capitalización total y cantidad de productos o servicios prestados. In 2011, we had 63,311 workers, counting own employees (18,247 ) and contractor employees (45,064 ) who worked every day in various duties in the Corporation.

(4.1 / LA13) 4.1 Governance structure of the organization, including committees under the highest governance body responsible for specific tasks, such as setting strategy or organizational oversight.
LA13 Composition of governance bodies and breakdown of employees per category according to gender, age group, minority group membership, and other indicators of diversity.
The diversity of Codelco’s own endowment reflects the constitution of workers according to age, gender, and position. Women hold 10% of executive positions, and 8% of non-executive positions.


(LA14 / EC5) LA14 Relación entre el salario base y la remuneración de mujeres y hombres, desglosado por categoría de empleado, por ubicaciones significativas de actividad.
EC5 Ratio of basic salary and remuneration of women to men by employee category, by significant locations of operation.
A comparison of earnings by gender is not pertinent, because this is not a selection factor among same positions. Wages may differ for other reasons, such as worker experience, performance, competencies or skills.

WORKER MOBILITY

(LA2) Total number and rate of employee turnover by age group, gender, and region. During 2011, 2,464 direct employees left Codelco, representing a rotation of 13.5% compared to the total own headcount for the year.


On the other hand, during 2011 1,782 own workers entered, 17% of them are women. Of these new hires, 3.6% (64 workers) left the Corporation during the same year.


(LA7 / LA15) LA7Rates of injury, occupational diseases, lost days, and absenteeism, and number of workrelated fatalities by region and gender.
LA15 Work reincorporation and retention levels after maternity leave or paternity leave, disaggregated by gender.
In 2011, the absenteeism rate averaged 3.23 % for the entire company, considerably less than in 2010 (3.7%). Part of this absenteeism corresponds to parental leave, i.e. that granted to all workers - men and women alike - when a child is born. A total of 61 workers were absent due to this type of leave, 3.3% of whom were men.


Retirement plans
(EC3) Coverage of the organization’s defined benefit plan obligations. (R) Within the framework of workers’ mobility, exits associated to retirement plans are a step toward ensuring our competitiveness in the long term. During 2011 we finalized a great process of voluntary termination plans, offered to workers close to retirement age, with low performance levels, or chronic occupational diseases. These programs have a defined structure, and offer retirement benefits, scholarships for children, training for improving employability, and health coverage. This process, initiated in September 2010, allowed the termination of 2,453 workers through 2011.

(LA11) Programs for skills management and lifelong learning that support the continued and assist them in managing career endings. Exit plans included counseling on economic and pension matters, taking into account the interests, strengths and skills of the beneficiaries, as well as an analysis of new development opportunities, including entrepreneurship. Thus, many of those who left Codelco were recruited by other agencies to serve as consultants or expert advisers, while others were hired by universities to join their educational facilities.


New hires 2011
An important part of labor mobility is made up of the incorporation of 1,704 new talents, attracted through apprenticeship, graduate, expert, and emerging leaders programs. The new recruits generated an increase in the number of women in all work areas, as well as increasing the number of female executives in the Corporation from 5 to 22 in 2011. Currently, at a senior level there is a woman in each executive committee.

 

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