Human resources represent the most significant strategic resource of Latvenergo; they ensure Latvenergo development and its competitiveness in the energy and telecommunications market in Latvia and the Baltics.
Latvenergo personnel management policy defines the basic principles of Latvenergo strategic management policy concerning human resources, management vision, mission, development and efficiency indicators.
Vision
Human resources management is the strategic basis that ensures Latvenergo viability as a dynamic company of continuous development. Employees are enthusiastic co-operation partners for achieving the common goal – to have satisfied customers, owners, the company management, partners, colleagues and society.
Mission
To recruit and train competent and loyal employees for a long-term period by offering them perfect working conditions that stimulate the achievement of Latvenergo strategic goal.
Strategic principles of human resources management:
- Human resources are Latvenergo major asset;
- Latvenergo personnel has common understanding of culture at work and ethical values that are observed at all levels of the Group;
- Corporate traditions are being created and developed taking into account the wishes of the people and the business potential;
- Human resources management observes the principles of transparency, fairness and integrity;
- Equal conditions and equal opportunities for the development of employees, so as to contribute to the achievement of the common goal;
- Latvenergo invests in the employees development according to their merits and professional contribution;
- Employees are remunerated according to the results of their performance;
- The employees competence promotes the company business development and the company encourages sharing of professional skills.
Human resources management policy develops in line with the company strategy and business trends by:
- Involving managers of different levels in the discussion and decision taking on issues concerning personnel management and disseminating the information to the employees and society;
- Familiarizing with employees opinions and involving employees in the discussion and decision taking process on human resources management issues;
- Maintaining trilateral and bilateral partnership in social dialogue;
- Maintaining close co-operation with respective educational and promotional establishments involved in training Latvenergo employees and potential employees.
