PURPOSE

HR Policy provides for the organization of set of measures aimed for the creation of team of professionals, who can ensure achievements of goals of the SAKA HOLDING’s strategic development.

HR Policy is built on the basis of principle of interrelation between the SAKA HOLDING’s efficient performance and formation of the highly qualified and motivated team of employees, which serve as an integral part of the successful achievement of the SAKA HOLDING’s actual and perspective aims.

The purpose of SAKA HOLDING policy is to ensure that the human resources values framework incorporates four key principles, which are;

Communication

SAKA HOLDING’s management and staff will promote an environment where the principles of open communication will be upheld. For the purpose of this policy ,open communication encapsulates the idea of;

• Mutual recognition and respect at all levels;
• Freedom to express one’s views and a commitment to resolving any interpersonal conflict;
• Promotion and development of two-way communication incorporating constructive feedback;
• Appropriate dissemination of dissemination of information.

Opportunity

SAKA HOLDING’s management and staff will promote a work environment that provides opportunity for;

• Improved work practices;
• Support of individuals in pursuit of personal and career growth
• Encouragement of self development by recognizing and using individual strengths.

Innovation

SAKA HOLDING’s management and staff will promote an environment to encourage initiative leading to flexibility and growth. This philosophy will facilitate improved work practices , which meet organizational needs through the challenging of preconceived ideas.

Individual

SAKA HOLDING’s management and staff acknowledge the importance of each individual’s contribution to the work of the SAKA HOLDING by recognizing their qualities , strengths and abilities and sharing these across the SAKA HOLDING.

ROLES AND RESPONSIBILITIES

Education and advanced training are the key elements of the personnel development and promote for strengthening of the SAKA HOLDING’s competitive advantages. This direction of HR Policy is carried out with a view of broadening existing knowledge or acquiring new professional skills in accordance with the requirements of scientific and technological progress, economic development, aiming to satisfy individual needs of the employees in the process of increasing their level of professional training.

SAKA HOLDING’s HR Policy has a transparent and understandable system of corporate management and provides opportunities for the maximal exposure of the potential of human resources, which are one of the main SAKA HOLDING’s assets. While implementing HR Policy, the SAKA HOLDING aims for comprehensive development of the professional and personal skills of its employees, offering new sources of motivation; encourages innovative and flexible approach to business tasks, introducing system of feed-back; supports modern corporate culture, relying on traditional corporate values.

All the components of the SAKA HOLDING’s HR Policy are lined up in such a way as to ensure maximal flexibility of the SAKA HOLDING, ability to adapt quickly and efficiently to the changes of internal and external economic factors, active initiation and successful introduction of required changes and innovations.

Management of Board

Board will endeavor to provide;

• direction and support to management and staff to attract ,retain motivate and develop
• quality staff in order to achieve the SAKA HOLDING’s goals;
• assistance to management and staff to focus on the performance and productivity of individuals , teams and workgroups whilst meeting the SAKA HOLDING’s objectives;
• remuneration under the current contract of employment and other employment conditions consistent with legislative requirements.

HR Department

HR Department is responsible for;

• regular review and development of human resource management practices;
• periodic review of the work priorities to determine skill requirements needed to meet the SAKA HOLDING’s strategic plan;
• determination of an organizational structure that will facilitate and improve teamwork; and
• appointment and promotion of staff on merit and to ensure that treatment of all employees is fair and equitable.

Board of Directors

Board of Directors is empowered to;

• provide necessary support to the Corporate Management to train the employees of the SAKA HOLDING where necessary.
• provide necessary guidance and directions to the Corporate Management to maintain effective industrial peace and relations with the Union and other related institutions.

Employess

Employees are responsible for;

• Incorporation of the principles of this policy into their work practices and to make themselves personally accountable for implementing the human resource values framework;
• use of initiative in relation to their own personal development;
• utilization of their individual strengths in improvement of work practices;
• achievement of organizational goals through participation in the development plans, policies and procedures;
• adherence to all policies ,procedures, agreed code of conduct and standards; and
• assistance in the prevention of discrimination and the promotion of equal opportunities when interacting with other employees.

Managers

Managers are responsible for;

• providing development opportunities for staff that relate to performance in order to achieve organizational and individual needs;
• agreed performance standards for staff and assistance with the achievement of identified goals;
• regular review and improve where necessary ,human resource structures and processes in line with Board directions. This will facilitate best practice, work flexibility and the ability to adapt quickly to changing needs;
• constructive feedback with an aim to improve work practices and relationships; and establishment and encouragement of team development.

Corporate Management

Corporate Management is responsible for:

• Counseling for career path development to the respective employees.
• provide necessary guidelines and directions to review and improve the skills of the employees to the respective Managers.
• providing coaching to the Managers to enable them to understand the hidden talents of the employees.