Annual report and financial statements 2008
People
As we grow our business and invest for the future, it’s important we keep strengthening our team at every level, from the shop-floor through to management.
To attract and retain the best talent in the industry, we have to demonstrate that M&S is a good employer, committed to making all our people feel valued and providing them with career opportunities and quality training. The following section reports on how we delivered against these objectives in 2007/08.
Training and development
Good training and a clearly defined career path are essential to our staff. That’s why we have over 7,500 people in stores who coach their colleagues so their skills are kept up-to-date. In our stores, most training takes place on-the-job, since learning is more effective in real-life situations. All new joiners complete a thorough induction and up to 26 weeks ongoing training – the longest on the high street.
We also run a number of specialist training initiatives for people moving into senior management roles. Additionally, more than 4,000 people completed our Buying Academy and Food Academy courses, and we’re now trialling similar academies for womenswear and merchandising.
Valued and proud to work for M&S
Our staff turnover rate is among the lowest in the industry – 27% for customer assistants, and 12% for management. Moreover, some 40% of our people in the UK have been with us for at least five years, with about 680 celebrating 25 or 40 years service during 2007/08. For us, this is one of the clearest signs that we’re succeeding in making our people feel valued and proud to work for M&S.
In addition to our commitment to providing quality training and rewarding our people well, we have a number of specific initiatives designed to make them feel well cared for. For instance, we provide free breast cancer screening to M&S employees and pensioners – last year we screened more than 13,000 people. The service is available from the age of 40 (10 years earlier than the NHS), and can play a potentially life-saving role by detecting cancer early.
Rewarding our people
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Employees participated in our Sharesave Schemes in 2007/08, saving between £5 and £250 a month. |
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Employees shared a gain of £37m from the Sharesave Scheme that matured in 2007. |
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Great Service Awards handed out to staff who did a particularly good job taking care of our customers. |
Going the extra mile
Our people are passionate about what they do. They care deeply about M&S, and want to make a contribution that goes beyond just doing their job, to making a difference on issues that matter to them and their local community.
Now in their seventh year, our national Employee Volunteer Awards recognise the outstanding achievements of the many hundreds of staff who fundraise and volunteer for local charities in their own time. A special mention must be made of Jean Turner and the Chester store team, who have won the group fundraising category three years running. In 2007 they did whatever it took – selling cakes, running the ‘Great North Run’ and even managing car boot sales – so they could raise more than £30,000 for a number of charities including their local children’s hospice, Hope House.
Listening to our people
More than 3,500 employee representatives have been elected to sit on Business Involvement Groups (BIGs), representing staff views on matters relating to work and employment. They regularly discuss employment issues directly with company management at a local, divisional and national level.
We also engage with employees through our annual YourSay survey, giving them the chance to tell us what they think about a range of issues – including job satisfaction and management performance.
Marks & Start: breaking down barriers
Many people face barriers getting into employment. For groups such as disabled or homeless people, the difficulties are obvious, but we’re also concerned with helping parents get back into work and the young-unemployed to get a job. Over the last year, we offered placements to about 650 people through the Marks & Start scheme. Recruits were teamed with an M&S ‘buddy’ to help build their confidence – with approximately 40% finding employment at the end of the work placement.
Plan A Champions
The environment and all things green, is a particular passion amongst our employees, which is why we’ve appointed 570 Plan A Champions in our stores and offices, to keep their colleagues updated on Plan A, and to find innovative new ideas to implement in-store. You can read more from our Leeds Plan A Champion, in the Plan A case study.
Not just any graduate career...
If you work hard at M&S, and take responsibility, you will
be rewarded, as there are just so many opportunities to
take your career to the next level. ![]()
Katie Wyle, Store Manager, Brighton
Katie Wyle started at M&S as a temporary customer assistant during Christmas 2003. The experience encouraged her to join the M&S graduate programme, and in just four years, she had proven her talent, stepping into her first store manager position.
More and more graduates are discovering that the M&S graduate recruitment scheme is not only a fast track to an interesting and varied career, but in some cases, also a direct route into management.
Our graduate recruits benefit from an intensive training course, and are given the opportunity to build their skills in a challenging but supportive environment. They are also assigned real responsibilities from the outset, in order to help them make rapid progress within the business. For example, Katie was running one of our stores within four years. Graduates joining M&S in other roles – food technology, design, HR, buying or IT – can make similarly fast progress in their careers.
Each year we employ between 150 and 200 graduates and business placement programme undergraduates. In 2007/08 we received a record 8,500 applications in just over two months.
All of which helps to explain why we won four major graduate recruitment awards last year, including The Times’ ‘Graduate Employer of Choice’ for retail in 2008.
© 2008 Marks and Spencer plc






