The Partnership Agreement with Amicus is an important part of the Legal & General culture. It sets out the basis of our relationship, which includes shared and open access to information and early participation in the decision-making process in areas of shared interest. In April 2007 we will have been working in Partnership with our union for ten years, and we plan to use the ten year anniversary to consider how we will build on partnership working for the next generation of employees.
Legal & General funds three full-time secondees to carry out Amicus duties and there are also around 40 Amicus representatives who carry out their Amicus duties on a part-time basis. Their role is to embed the Partnership throughout the Company. We actively support the recruitment of new union members.
Consultation with Amicus takes place on a formal basis via meetings, which are either held jointly or at which Amicus is represented. These include Partnership Consultation meetings which cover key business initiatives and trading information, as well as ‘business as usual’ issues and joint monthly remuneration meetings. Amicus is represented at all Health and Safety Committee meetings, the CSR Committee and the Equality and Diversity Committee. Consultation also takes place informally and formally between managers and their local union representatives. As at 31 December 2006, approximately 38% of our UK employees were members of Amicus.
All managers with responsibility for managing people attend workshops about the Partnership as part of their management development, and an objective for working in Partnership with Amicus is included in their job descriptions and performance reviews.
