Vector Annual Report 2017

BUSINESS UNITS: People, safety & risk

PEOPLE, SAFETY & RISK

Vector values diversity and inclusion. Our goal is to provide a safe and inspiring place to work that people enjoy being part of and that provides them with opportunities to develop their skills and achieve their potential. We recognise that the most powerful way that we can prepare for the changes that lie ahead for this business is to continue to adapt how we think and work as teams. To that end, this year we continued to push forward with an ambitious programme to broaden our demographic and cultural base, develop leaders, increase health, safety and well-being, and implement our environmental strategy.

DIVERSITY AND INCLUSION The number of employees in the 20 to 29 age bracket has had the largest movement (as a total percentage of employees), increasing by 3% when compared to 2016. This reflects the impact of our internship and graduate programmes. Due to the reclassification of the European ethnicity category by Statistics NZ, Vector can now differentiate more effectively between New Zealand European and European employees. Compared with 2016, employees who identify as European increased 30% to 43%, whereas those identifying as New Zealand European decreased by 24%. In New Zealand, Māori make up 15% of the population, and Pasifika make up 7%. Although under-represented at Vector compared with the New Zealand population, we have seen

a 1% increase for both Māori and Pasifika groups, to 5% and 3% respectively during FY17. In addition, the number of employees who chose “unknown” as their ethnicity has decreased by 13% compared with 2016. The total percentage of females in the workforce has decreased by 1% during FY17. The percentage of females in leadership roles has also decreased from 26% in FY16 to 22% during the same time frame. We commenced a women in leadership programme during FY17 to support women in our business to continue to grow their leadership capabilities, and to expand our future pipeline of women leaders. Refer to page 55 for more information on the programme.

VECTOR EMPLOYEES BY AGE

VECTOR EMPLOYEES BY ETHNICITY

0.1%

8% 5%

8.1%

3%

12.0%

9%

21.7%

5%

43%

27.9%

25%

30.2%

2%

 UNDER 20  

 20 – 29  

 30 – 39  

 40 – 49

 ASIAN  

 EUROPEAN  

 MELAA*    PASIFIKA  

 NZ EUROPEAN 

 50 – 59  

 60+  

 NZ MĀORI  

 OTHER  

 UNKNOWN

VECTOR EMPLOYEES BY GENDER

This data excludes statistics from our newly acquired businesses, PowerSmart NZ Limited and E-Co Products Group Limited, which were acquired on 31 March 2017.

31%

69%

 FEMALE  

 MALE

* Middle Eastern, Latin American, and African

52

Vector://AR 17

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