selection of employees from different levels across the Group being invited to attend scheduled meetings by rotation. These meetings provide every employee of Bloomsbury with the opportunity to share their views on Bloomsbury’s strategy, communications, training, compensation and benefits, and other matters of concern or interest to them with Bloomsbury’s senior management and the Board. Meetings are chaired by members of the Executive Committee on rotation, and Non-Executive Directors are also invited to attend these meetings. Employees are encouraged to share their honest views on the understanding that the matters discussed will not be attributed to particular individuals in the reports, which are provided to the other members of the Executive Committee and the Board on the outcomes of the meetings. The Executive Committee and the Board are provided at each of their respective meetings with the minutes of EVMs on an anonymous basis together with a list of the key themes arising out of EVMs. During 2020/2021, EVMs continued to take place virtually.
This form of engagement with employees across the Group enables senior management and the Directors
of Bloomsbury to keep a finger on the pulse of the organisation and to gain
unfiltered feedback from employees on Bloomsbury’s strategy, communications,
employee compensation and benefits, and approach to employee development,
as well as employees’ views on the senior leadership team overall. The Board and
the Executive Committee discuss and approve new policies based on the
outcome of these meetings.
Other mechanisms, in addition to EVMs, through which Bloomsbury engages with employees including:
Bloomsbury’s formal appraisal programme also provides the opportunity for colleagues to give and receive feedback on performance and discuss opportunities for career development. During the year, all appraisal meetings were conducted online.
The senior management team monitors staff-related KPIs (e.g. joiners and leavers) on an ongoing basis in order to assess the
effectiveness of the Group’s policies and practices in attracting and retaining talent.
Bloomsbury is committed to diversity, equity and inclusion. The Board receives regular updates on strategic HR initiatives across the Group with a view to ensuring that the strategies in place and in development are supportive of a culture that upholds Bloomsbury’s principles of inclusion, diversity and equity.
We have a diverse workforce and management team led by a gender diverse Board. The majority of senior managers and employees worldwide in the Group are women. As at 28 February 2021 the number of employees by each gender is:
business and the lives of our employees. It drives productivity, creativity and innovation. As such, it is integral to the delivery of our strategy, as is creating an environment in which all Bloomsbury employees feel a sense of belonging and are able to do their best work. We believe that diversity and inclusion go hand in hand.
In 2019 we established a Diversity and Inclusion Working Group (“D&I Working Group”) with the aim of fostering a working environment that is welcoming and supportive of differences and individual wellbeing, while at the same time promoting an inclusive culture in which our workforce feels connected by a common purpose and shared values. This Working Group is being expanded to a number of Diversity and Inclusion Working Groups (“D&I Action Groups”) focusing on particular diversity and inclusion projects which will advance our aims in the core areas of recruitment, retention, education and publishing.
Our D&I Working Groups are supported by our Employee Resource Groups. These are employee-led network groups which promote an inclusive and supportive culture within Bloomsbury. These networks complement the activities of the D&I Working Groups by providing valuable feedback and helping to set priorities for future action. To date, nine Employee Resource Groups have been established across our offices, focused around BAME (UK), BIPOC (US), LGBTQ+, Parents, Guardians and Caregivers, Mental Health, Abilities, Social Mobility and Women in the Workforce. These Employee Resource Groups in collaboration with our events management team also organise and host events for the wider Bloomsbury workforce which are intended to promote education and engagement, focusing on topics which represent the particular interests of the individual Employee Resource Groups.
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2021 Final Dividend
Annual General Meeting
Preliminary announcement for the year ended 28 February 2021