Legal & General CSR Report 2006

Employee Support Schemes

Employee involvement in our CI programme is strongly endorsed and encouraged, and we’re proud of the number of our employees who choose to be involved. We operate a number of programmes designed to support their contributions and efforts.

Give As You Earn (GAYE)

This scheme supports employees in their financial donations to charity, with Legal & General matching contributions up to £20 per month. Staff participation is continually encouraged and promoted and, as a result, nearly 12% of employees were donating regularly to charity via the scheme by December 2006, our highest proportion of donors ever!

Number of Legal & General Give As You Earn Donors (2006 and 2005)

Number of Legal & General Give As You Earn Donors (2006 and 2005)
31 December 2006 31 December 2005
Employees 1,071 877
Pensioners 55 46
Total 1,126 923

Give As You Earn contributions (2006 and 2005)

Give As You Earn contributions (2006 and 2005) table
2006 (£000’s) 2005 (£000’s)
Employee Donations 352 316
Legal & General contribution
Matching 180 128
Legal & General payment of administrative charges 21 18
Total 201 146

Sponsorship Matching

We match the first £750 per year raised per employee for a charity or community group. This scheme is increasingly popular with employees, with record numbers of employees applying for the grant – just under 600 in 2006.

School Governors’ Scheme

Legal & General donates £500 per annum to every school which has a Legal & General employee as a governor. 61 schools currently receive support. A further £250 per annum is provided to schools with specific programmes to develop maths teaching or financial literacy.

Employee Volunteering

Although volunteering has taken place on an ‘ad hoc’ basis for some time, during 2006 we developed a policy which is eventually intended to enable all employees to spend one work day per year volunteering their services and skills for the benefit of specific community or environmental groups. A key aim is to maximise our potential impact on these groups by undertaking team projects or activities, and we believe that the initiative will also enable our people to develop their professional skills. The policy has been piloted in our Hove office since February 2007, and we hope to roll it out to all office locations later in the year.

I found out about the GAYE scheme at Legal & General after I’d already been giving regularly in memory of my aunt. Through the scheme I can double the amount the charity receives and they can count on this regular donation.”

Frances Borrer, Hove

We raised £305 before Christmas for our local charity, Outlook House. The Company’s sponsorship matching boosted this to £610, which, with money previously raised, will go towards furnishing a laundry room in the charity’s new home. The matching means we can set some really worthwhile goals.”

Dave Mercer, Hove