2012 Annual Report - Ixe

Notas a los Estados Financieros
Grupo Financiero Banorte
We try to cover Senior Management positions with executives from the same area but when
this is not possible the opportunity is opened up to executives from other cities who are given
move allowances that include:
• Payment of moving expenses.
• Travel allowances for a maximum period of 3 months for the executive.
• 3 air travel tickets for the spouse and children.
• Transfer bonus (2 months of salary), representing at least 24 Mexico City minimum wages.
Of the 71 Senior Directors, 3 are from the
local community, or 4% of the total.
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Labor Agreements
71% of the employees of Banorte do not belong to a union and the rest do. The relationship
between Banorte’s Union and the Institution has always been one of cordiality and respect.
There haven’t been any strikes, stoppage threats or collective actions of any kind.
This agreement contemplates a review of the salary scale for unionized positions once a year
as well as, other economic and/or in kind benefits, which GFNorte grants every two months.
These reviews are mandatory under the Federal Labor Law and take place in accordance with
the schedule stipulated in the Collective Bargaining Agreement.
Some of the changes derived from these reviews are: Ixe contracts have been changed to
Banorte contracts, changes to benefits (medical service, food vouchers to Banorte), Ixe merger,
acquisition of Afore XXI and of Afore Bancomer, etc.
Health and Safety
At the beginning of 2012, GFNorte developed a specialized area within Health Management
aimed at raising, maintaining and monitoring the quality of life of our staff and their families by
designing and implementing general and specific programs in the area of health and corporate
well-being.
Within this specialized area there are two guiding principles that generate value for our institution:
Occupational Health and Preventive Medicine, through which projects that enable us to identify,
prevent and remedy our staffs’ main health issues are designed and executed.
One of the area’s key programs has consisted of analyzing the absenteeism rate due to health
related problems in order to identify their main causes and seek a solution in conjunction with
other areas of the Group. In 2013 the area will begin developing an adequate registration
process in the Group’s three main cities: Mexico, Monterrey and Guadalajara.
GFNorte has also made fostering a culture of health prevention throughout the company a
priority. In 2012 we undertook a series of preventive programs for the Banorte-Ixe family that
include:
• Influenza vaccine.
• Vaccination against cervical cancer (vaccine vs. HPV).
• Breast Self Examination Workshop.