• About the FSA
  • What we do
    • Corporate responsibility
      • People
        • How we measure performance
        • How we performed
        • Looking ahead

What is our aim?

We aim to be a responsible employer, providing both a rewarding work environment and a culture that values and respects all employees. By achieving this we will both support and enhance the FSA's employment proposition, and attract and retain the people we need to achieve our objectives.

What issues do we face?

As the opening statement of this year’s CR report explained, 2007 was a difficult year for the financial services industry and for the FSA, and the expectation is that 2008 will to continue to place heavy demands on all those involved in financial markets, including our staff.

So perhaps the biggest challenge we face remains to recruit and retain the right staff in a changing and challenging market.

Another key issue remains the need to adapt our Human Resources (HR) policies to both cope with an ever-changing legal environment and reflect our aim to develop a principles-based working environment at the FSA.

For 2007/08 we identified four priorities:

Building people leadership and management capability:

• developing training to fulfil this need in existing managers, and looking for this capability when recruiting new managers. 

Improving people capability:

• equipping people with the skills and knowledge they need to be able to do their jobs effectively, and in a more principles-based way.

Our employment proposition:

• developing a compelling employment proposition, and ensuring that our reward scheme promotes a high performing workforce and enables us to attract and retain the skills we need.

Talent Management:

• Developing and piloting a Talent Management framework for all staff, including succession planning.

Next page: How we measure performance