Annual Report 2017

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Rothschild & Co | Annual Report 2017 101
1. Overview
4. Financial statements
3.
Management report
2. Business review
Country Office location Workplace
accidents
01/01/17
31/12/17
(12 months)
Days lost
01/01/17
31/12/17
(12 months)
Workplace
accidents
01/04/16
31/03/17
(12 months)
Days lost
01/04/16
31/03/17
(12 months)
Australia Sydney 2 – – –
Belgium Brussels 1 16 1 1
France Paris 4 13 5 5
Germany Frankfurt 2 1.5 1 1
Greater China Hong Kong – – –
Guernsey Guernsey – – – –
India Mumbai – – – –
Italy Milan – – – –
Singapore Singapore – – – –
South Africa Johannesburg – – – –
Spain Madrid – – – –
Switzerland Geneva – – – –
Switzerland Zurich – – – –
United Kingdom London 10 31 – –
United States of America New York – – – –
3.5.3 Fire strategy review
In 2017, Rothschild & Co carried out a due diligence exercise with all offices
within the Group to confirm the suitability of their fire protection procedures.
3.5.4 Collective agreements
In France, collective agreements put in place also cover Health & Safety.
There are no other collective agreements in place with regard to Health &
Safety matters.
3.5.5 Reportable workplace accidents
For the 2017 financial year, reportable workplace accidents including in
lost working days are listed below. The figures provided are total accidents
reported internally. Where local legislation requires it, a report may also
have been provided to the necessary authority.
3.6 Training and development
The Group offers training and development opportunities, enabling
employees to improve their professional competencies. There are local
and international training programmes, run face to face, or virtually.
A Learning and Development team is dedicated to assisting the Group’s
aim to build and provide solutions to satisfy all aspects of an employee’s
development through services in training, mentoring, coaching and team
development.
Some examples of our key programmes:
Global Advisory Development Programme: the Global Advisory
Development Programme is a comprehensive technical training curriculum
comprised of mandatory, recommended and available courses for
employees at all levels in Global Advisory. Organised by grade, the courses
are designed to further develop employees’ skills as they progress through
the firm. As well as offering face-to-face instructor led training, WebEx
training is also offered for global offices.
In Global Advisory, an Offsite was held for all Associates and Vice-Presidents
across the Group. The programme was developed in conjunction with the
business and included sessions on the business, particularly North
America, Merchant Banking, Debt Advisory, Restructuring and Equity
Advisory. The Offsite also included a teambuilding event for bankers to
continue to build their internal network.
In addition to the Offsite, Transition Programmes for newly promoted
Associates and Assistant Directors/Vice-Presidents were held. The
programmes included technical training, personal development training
as well as teambuilding events. Transition Programmes are now an annual
event, for Associates and Assistant Directors/Vice-Presidents and bi-annual
for Directors.
Within Global Advisory, a number of bespoke training programmes have
been organised. The Negotiation Skills offering was reviewed and revamped
with a new provider and this ran successfully in the United Kingdom
and South Africa. The Financial Institutions team attended Banking and
Insurance Valuation training. Managing Directors within Global Advisory
Division in the United Kingdom continue to attend communication skills
and media training. The Management Development Programme, “Driving
Performance – Getting the Best out of Yourself and Others” was rolled out
to all Global Advisory team leaders and staffers globally in November.
Private Wealth Development Programmes: each area of Private Wealth
has its own bespoke Career Development Framework and Curriculum which
provides guidance to employees on the learning available to them and their
specific roles. This year, Rothschild & Co have continued to offer the course
“Driving Performance – Getting the Best out of Yourself and Others”. 63
delegates have now attended from Frankfurt, Geneva, Guernsey, Hong
Kong, London, Zurich, and Paris for the first time. The plan is to continue
to roll out to all staff with personnel responsibilities. There have also been
other programmes to help embed the learning and complement this
programme set up focusing on UK employment law and the role of the