About Industrial Development Corporation of South Africa Limited

The Industrial Development Corporation (IDC) is a national development finance institution (DFI), whose primary objectives are to contribute to the generation of balanced, sustainable economic growth in Africa and to the economic empowerment of the South African population. As a DFI, the core of our activities relates to the financing of viable projects and businesses, with a specific focus on black industrialists, women and youth entrepreneurs. The IDC promotes entrepreneurship through the building of competitive industries and enterprises, based on sound business principles, which are underpinned by our values: Partnership, Professionalism and Passion.

Facts & Figures

Industry Automotive, Chemicals, Pharmaceuticals
Number of employees 852

The Research

Certification is only awarded to the best employers around the world: companies that demonstrate the highest standards of employee offerings. The Top Employers Institute’s research assesses all critical areas of the Human Resources environment, certifying organisations that can demonstrate they are continuously optimising employee conditions and leading the way in the development of their people.

The employee offerings of Industrial Development Corporation of South Africa Limited

This is a selection of the Employee Offerings that this company offers to (some of) its employees.

Communication Channels

  • Formal sessions (e.g. one-to-one meetings between employee and manager)
  • Special access to CEO/Leadership
  • Suggestions box/email
  • Employee surveys

Learning and development programs

  • Graduate development programmes/traineeships
  • Internship programmes
  • Job rotation programmes
  • Coaching programmes
  • Mentor programmes
  • Peer support programmes
  • Soft skill training programmes (e.g. feedback, time management, communication)
  • On-the-job training
  • Conferences/congresses/seminars (internal/external)
  • Workshops (internal/external)
  • Online training programmes (always available)
  • 180- and/or 360-degree feedback
  • e-Learning (module)
  • Coaching
  • Communities of Practice
  • Collaborative Learning Experiences (e.g. Action learning group/Team-based learning)

Compensation and benefits

  • Salaries
  • Variable compensation
  • Pension
  • Long-term incentives
  • Secondary benefits
  • Meal subsidies/canteen services

Flexible Working Conditions

  • Flexi-time working
  • Sabbatical/career break
  • Crèche/childcare facilities (above legal requirements)
  • Special leave for parents (above legal requirements)
  • Bringing a child to work (in emergency)
  • Onsite nursing/feeding/mothers’ room

Networking Activities

  • Sports events (e.g. sports day)
  • Alumni club (association of former employees)
  • Flexible workspace at the office
  • Online chat/instant messaging
  • Seasonal social events
  • Special informal sessions with Executive Management

Onboarding Activities

  • Employee handbook that specifies HR policy and regulations (hard copy or online)
  • Meeting with HR to explain procedures
  • Check-in meetings at specific intervals
  • Meeting with manager regarding job role, tasks,expectations
  • A role-specific introductory training programme
  • A buddy is assigned to the new employee
  • A mentor is assigned to the new employee
  • Announcement/introduction by management
  • A tour around the organisation
  • Meeting with CEO/Executive Management
  • Team lunch/dinner
  • Induction course (covering the organisation’s mission,vision, values)
  • Code of Conduct
  • Safety policies and instructions
  • Follow-up session one year after joining

Career and succession management

  • Job rotation
  • Training programme
  • Mentoring
  • Coaching
  • Special assignment
  • Secondment

Secondary benefits

  • Laptop
  • Mobile Telephone
  • Car/travel allowance
  • On-site parking

Well-being programs

  • Stress management
  • Time management
  • Ergonomic support
  • Health & Safety officer/manager
  • Personal support line
  • Employee debt support
  • EAP (Employee Assistance Programme)
  • Confidential adviser
  • Maintaining salary level above legal requirements
  • Maintaining employee contractual rights above legal requirements
  • On-site sports facilities
  • Fitness centre membership subsidy/reimbursement
  • Health screening programme
  • Smoking cessation programme
  • Weight loss programme
  • Wellness programmes
  • On-site flu vaccinations
  • Religious and/or spiritual facilities (e.g. prayer room)
  • Nutritional information programmes