Employee risks

Annual Report 2017 > Risk > Employee risks
Highlights 2017

Risk

Oversight over the risk management system of the entire PZU Group
Oversight over the risk management system of the entire PZU Group
Risk management through active and deliberate management of the extent of risk taken
Risk management through active and deliberate management of the extent of risk taken
Efficient management of capital in order to maximize the rate of return on equity for the parent company’s shareholders.
Efficient management of capital in order to maximize the rate of return on equity for the parent company’s shareholders.
Consistency of the key elements of the integrated management system for all PZU Group’s insurance undertakings
Consistency of the key elements of the integrated management system for all PZU Group’s insurance undertakings
Supervision of subsidiaries, in particular Alior Bank and Bank Pekao, through persons designated to Supervisory Boards
Supervision of subsidiaries, in particular Alior Bank and Bank Pekao, through persons designated to Supervisory Boards
Risk management as an integral part of the management process, based on risk analysis in all processes and units
Risk management as an integral part of the management process, based on risk analysis in all processes and units
Reference Areas:
Health
Investments
Banking
Best Pratices in PZU

PZU reduces risks in the employee area chiefly by applying the following solutions:

  • Organizing training classes for newly recruited members of staff (compulsory initial training and compulsory/optional e-learning courses);
  • Detailed verification of competencies of persons hired within the framework of a multi-stage recruitment process;
  • Open dialog with staff and representatives of trade unions operating at PZU;
  • Observing the principles of the adopted bonus system in which employee compensation depends on a number of aspects, including: quality and timeliness of completed tasks and long-term development.
  • Introducing specific instructions in the area of occupational safety and health.

Employee risk

 

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