Targets 2007-2008

The table below details our people targets for 2007-2008. Due to the considerable work that went into establishing meaningful and stretching targets at the start of 2007, we made a conscious decision to set these on a longer time period. All these targets therefore share the completion deadline of 31 December 2008, spanning an 18 month period. We are now only reporting on our interim progress made during 2007, but we will report more fully in 2009.

Our people targets were set against the results of our 2005 employee survey, published in February 2006. The comments below on our progress towards our targets are based on the results of our 2006 employee survey, published in February 2007. The following key summarises how interim progress is objectively assessed using a traffic light system.

Target completed:

For management targets, this symbol indicates that the target has already been completed and its status will remain the same at the end of 2008.
For performance targets, this symbol indicates that PRUPIM’s performance in 2007 achieved or exceeded the target threshold set for 2008. While this would suggest that the target should be met in 2008, it does not guarantee it, given the small possibility of performance in 2008 regressing for as yet undetermined reasons.

Target in progress:

For management targets, this symbol indicates that some actions have been taken in 2007 towards completing the target.
For performance targets, this symbol indicates that PRUPIM’s performance in 2007 exceeds 2006 performance and is moving closer towards the target performance threshold.

No progress:

For management targets, this symbol indicates that no actions have yet been taken towards completing the target.
For performance targets, this symbol indicates that PRUPIM’s performance in 2007 has declined compared with 2006 performance and is moving away from the target performance threshold.

Target	Progress Indicator	Interim Progress Comments
At least maintain 71% of PRUPIM employees stating that they ‘believe PRUPIM is a good place to work’ in the annual “Shaping Our Future” employee survey.		In the 2007 “Shaping Our Future” employee survey, 79% of staff agreed that they “believe PRUPIM is a good place to work”, an increase of 8%.
At least maintain 66% of PRUPIM employees stating that they ‘believe our involvement in community and environmental activities brings business benefits to PRUPIM’ in the annual employee survey.		In 2007, 73% of PRUPIM employees agreed that PRUPIM’s involvement in community and environmental activities brings business benefits, an increase of 7%.