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Annual Financial Statements 2003
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Labour practices
 
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Milestones - 2003
Development of the group?s business principles and the beginning of consultation and roll-out of AngloGold?s core values. (See values and business principles).
Launch of the talent management programme across the group in 2003 with the aim of ensuring the company has sufficient people with the capability to deliver superior performance in top jobs in the next five years and to identify and grow the pool of talented people who will be leading the business in the future.
Implementation of performance contracts for mid-management and above to align individual effort with company objectives, to serve as an objective basis for recognition and reward, to provide feedback and improve performance and to identify training and development needs.
ISO certification and Mine Qualifications Authority (MQA) accreditation of the South Africa regional training facility, AngloGold Training and Development Services (ATDS).
Implementation of the well-known Hay job classification system in South America. This system is also used in the North America Region and at Geita mine in East Africa.
39 employees participated in AngloGold?s Management Development Programme (MDP) and 34 in the Intermediate Management Development Programme (IMDP). The programmes have historically been run for South African employees, but candidates from the East and West Africa region joined these respective programmes for the first time in 2003.
4,156 employees completed ABET courses during in 2003; 26,396 employees have been through ABET training during the past five years.
A two-year agreement on wages and conditions of service reached in the latter part of 2003 in South Africa, with all major unions and associations, and applicable to 98% of the South African workforce.
HIV/AIDS agreements signed with major unions in July 2002. Ongoing progress with HIV/AIDS programme. (See HIV/AIDS section of this report.)
 
Business principle:
  AngloGold as an employer
Key indicators
Milestones - 2003
Labour practices policy
Review of 2003
  A world-class employer
  Governance and structure
  Human rights and fair employment practices
  Developing mission, values and business principles
  Managing diversity
  Women in mining
  Training and development
  Funding bursaries
  Training for separation
  Fair remuneration
  Employee participation
  Providing health care to employees
  Constructive relations
Reporting in line
with GRI
Objectives for 2004
Case studies
  South Africa
  East and West Africa
  Australia
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