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Senior boom at Crédit du Nord
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Jean-Pierre Machard is Head of HR at the IS Department and related support departments at Crédit du Nord. There are 800 employees within his scope, including several IT specialists, analysts, computer architects, and systems engineers. In the next few years, several employees from this particular population will be retiring, and the company will be losing their skills. Here is a look at the resulting issues at Crédit du Nord, and how it met them.

What are your current hiring issues?

Jean-Pierre Machard : Like many others, we are facing the effects of the senior boom. At Crédit du Nord, almost 50% of front and back office teams will retire by 2012. The issue is not limited to simply replacing them, since there is the related challenged of transferring their skills and knowledge. We therefore have to have a record of this knowledge before we lose it.

2012 will be here before you know it. How are you planning for the new team members?

JPM : This increased number of retirements forced both the IS and HR departments to improve responsiveness in several areas, such as skills inventories and building on previous knowledge. We have a key role to play in deciding how to perform skills analyses and which know-how to record. At Crédit du Nord, a wide range of actions were taken. We drafted job and skills maps, redesigned our processes to remedy the loss of knowledge, and set up partnerships with graduate schools. Moreover, a long-standing career committee regularly discusses these issues.

Please tell us more about knowledge transfer, which is definitely the major issue of the senior boom.
JPM : This aspect of knowledge management is of the essence. We take care to catalogue and record all of our processes so there is always a trace of them even after an employee retires. We also "rotate" our teams to broaden their range of skills. We plan for an employee's retirement by implementing a dual buddy/mentoring system to pass on technical knowledge. People report being satisfied with the results. People close to retirement enjoy passing on their knowledge; it can't help but give a sense of self-worth. It is vital to maintain these skills, since employees leaving our back-offices after a long career at the Group have develop an irreplaceable set of skills. However, in future, our HR goal is to construct more dynamic career paths with greater skills mobility. Knowledge transfer will then become only an end-of-career issue.

What is your approach when selecting new IT specialists?
JPM : The IT sector is undeniably tight for some job profiles. We are obviously not above these difficulties. However, we work to ensure the loyalty of these new employees at the end of a successful trial period. We have a strong policy on internships and trial periods for permanent contracts. We think of them as the "engagement" before the "marriage" between a new employee and the Group. Crédit du Nord is also highly visible upstream, at university career fairs. We also develop partnerships with our target schools at the local level, especially those in the two French regions where our IT centres are located, Nord-Pas-de-Calais and Ile-de-France. Finally, for a few years we have taken advantage of the Internet. A considerable amount of our recruitment now takes place on-line.




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