Investec gives staff unlimited leave days and freedom to wear what they want
We’re after a very adult relationship with our employees…Lesley-Anne Gatter, Head of Human Resources - Investec SA
People should feel entitled… to look after themselves…Lesley-Anne Gatter, Head of Human Resources - Investec SA
From September – provided they meet their deadlines – Investec staff members will have the option to move onto a new leave regime that places no limits on the number of days taken.
The bank will allow most of its employees to dress in any way they like, depending on who they meet during the day.
Gatter said Investec would pay people according to output, not according to how many hours they’re at work.
It will pay substantial bonuses to workers who innovate instead of merely ticking boxes.
The number of days’ leave employees decide to take won’t affect their salaries.
Listen to the interview in the audio below (and scroll down for more quotes from it).
Our culture… high degrees of freedom and exceptional trust… and delivery.Lesley-Anne Gatter, Head of Human Resources - Investec SA
People must take [at least] 10 days leave in every cycle…Lesley-Anne Gatter, Head of Human Resources - Investec SA
Some people do like rules, so they can stick to the old system if they want…Lesley-Anne Gatter, Head of Human Resources - Investec SA
Enjoy The Money Show, but miss it sometimes?
Get the best bits emailed to you daily, right after it ends:
Bruce Whitfield interviews Ciko Thomas (Nedbank) about his attitude to money (hopes and fears, successes and failures, etc.).Read More
Bruce Whitfield interviews the brains behind the hysterical parody of the smash-hit Netflix documentary “My Octopus Teacher”.Read More
The rand was just recently trading at a six-month high. Arabile Gumede interviews Bianca Botes (Peregrine Treasury Solutions).Read More
The "new" SAA needs more than R10 billion to take off. Arabile Gumede interviews Intellidex’s Peter Attard Montalto.Read More
Public Enterprises acting director-general Kgathatso Tlhakudi says SAA will not be allowed to be liquidated.Read More
Onyi Nwaneri of Afrika Tikkun says it is a joke to celebrate the day when we still have the pay disparities.Read More
There’s an inevitability to it – these commodities (such as vanadium, if the tech improves) have a bright future ahead of them.Read More
Low interest rates and plenty of deals on offer - personal finance guru Warren Ingram points out the pitfalls on The Money Show.Read More
Woolworths Holdings has released its annual financial results. Bruce Whitfield interviews Group CEO Roy Bagattini.Read More
Isaah Mhlanga (Chief Economist, Alexander Forbes) on the reasons for the decision announced by SARB governor Lesetja Kganyago.Read More