/ Human Capital Division:
To effectively deliver on its people-centric approach,
GASCO’s Human Capital Division operates through a collaborative structure that balances the ability to work across teams with clear strategic leadership:
/ Human Capital Division:
Human Capital Center of Excellence
In 2023, the Human Capital Center of Excellence directed its efforts toward enhancing organizational effectiveness and efficiency.
Key initiatives included a comprehensive organizational restructuring aligned with GASCO’s strategic vision, the introduction of a new performance management system, and the full-scale implementation of SAP SuccessFactors modules to automate human capital processes and elevate employee experience. Strengthening the talent pipeline involved psychometric assessments, robust succession planning, and the implementation of Individual Development Plans (IDPs) for High-Performance/High-Potential employees. A comprehensive Competency Framework was also introduced to assess and address employee competencies.
/ Human Capital Division:
Talent Development
The Talent Development Division delivered a series of key outcomes, resulting in increased employee proficiency, reduced skill gaps, and heightened workplace productivity. With 27,000 learning hours delivered, strategic training programs covered safety, technical, and leadership domains. The ongoing partnership with Coursera continued to enrich GASCO’s learning platform with content from elite global institutions.
Key programs in 2023 encompassed safety training, leadership development, executive education, finance programs, and specialized training for operations like bobtail maintenance and LPG fleet inspection.
/ Human Capital Division:
Human Capital Business Partner: Talent Acquisition Section
The Talent Acquisition Section made significant progress in hiring, bringing on board 384 new employees in 2023. With a total workforce of 1,977. GASCO maintained a Saudization rate of 54%, totaling 1,077 Saudi employees. This achievement aligns with GASCO’s commitment to Saudization and active participation in HRDF programs.
0,0 Employees
maintained a Saudization rate of
0%
/ Human Capital Division:
Social
Achievements
and Programs
GASCO’s commitment to the well-being of its employees is evident in various social initiatives.
The discount program with “Wala Plus” continued, offering employees and their families discounts on diverse products and services.
To support Saudi nationals, the minimum housing allowance was increased, addressing the rise in real estate costs. Social support programs, including those during significant life events and accessible loan options, were implemented. Additionally, GASCO conducted awareness sessions on health and wellness, fostering a holistic approach to employee welfare.
Our people in numbers
7
New employees in 2023.