Employee engagement and rewards

We value our people and their opinions. We organise an annual Employee Conference and hold regular business updates throughout the year to update employees on the Group’s performance and operating priorities as well as giving them an opportunity to ask questions.

Following the all-employee share incentive plan (‘SIP’) launched after our stock market flotation, a share save scheme (‘SAYE’) for the benefit of Group employees was implemented which not only recognises and rewards employees, but also promotes a culture of shared ownership.

This year the Company launched “Incredible Benefits”, a new way for employees to access all the benefits offered at Auto Trader in one place, enabling them to tailor their benefits package to meet their own specific needs. As well as our Company funded benefits, we offer a wide range of voluntary benefits, including childcare vouchers, health cash plan and critical illness insurance, that are proving popular amongst our employees.

In recognition of our commitment to rewarding our employees, Auto Trader was voted number 13 in the UK for pay and benefits by Glassdoor, the UK’s fastest growing jobs and recruitment platform. The Group continues to focus on its highly engaged workforce, and on attracting and retaining the most talented individuals in the market. As part of the Group’s shift to a digital culture, the Group has not only been able to reduce its headcount (March 2016: 847 vs March 2015: 876) but also retain a more technology and ideas-focused team.

 

People development and training

Auto Trader is committed to investing in its employees through extensive training and leadership programmes that are designed to equip all employees with the necessary skills to help them perform to the best of their ability as well as to foster a culture of highly engaged employees committed to achieving the Group’s mission.

We continue to deliver our three-day induction programme for all new starters that allows them to understand the core values of our business and help achieve a one team culture at Auto Trader. We have launched a “Learning Hub” which supports our people in driving their own development through a wide range of learning opportunities using masterclasses, bitesize sessions and online learning.

The Graduate, The Practical People Leader and Leadership Development Programme operate throughout the year including external away days that allow participants to fully appreciate and utilise each other’s strengths and capabilities no matter where they operate in the business.