Our People

Our people come first; they are our most important resource. Our employees take pride in a culture that demands – and rewards – collaboration, integrity and hard work.

Eldorado has over 7,200 employees and contractors in eight countries. Wherever possible, we hire locally, and we provide all our employees with ongoing opportunities for career and skills development. Our operating philosophy of employing nationals in the countries where we operate enables us to communicate in local languages and better understand cultural nuances, community concerns and local issues. This is why we refer to ourselves as a global company with a local operating philosophy.

We believe in training nationals for senior roles and we now have Turkish, Greek, Brazilian, Chinese and Romanian management teams working in their respective home countries. At a project and operational level, fewer than 1% of our employees are expats.

We also believe in equal opportunities and base our hiring practices on skills and experience. Male and female employees are paid equally for equivalent jobs. We strive to provide our employees with rewarding jobs, excellent benefits and safe and healthy working environments.

“Our ability to operate successfully in a variety of jurisdictions is largely due to the diversity of our employees. It is their skills, ideas and passion that are at the heart of this company.”

Paul Wright, CEO

Eldorado has over

7,200

employees and contractors in eight countries.

Employees and Contractors at December 31, 2014

	MALE EMPLOYEES	FEMALE EMPLOYEES	CONTRACTORS	TOTAL
Kişladağ	711	40	356	1,107
Efemçukuru	398	21	323	742
Turkey – Other	44	17	0	61
Jinfeng	750	80	375	1,205
Tanjianshan	349	69	208	626
White Mountain	535	79	332	946
Eastern Dragon	24	4	0	28
China – Other	39	24	0	63
Stratoni	308	9	108	425
Olympias	399	13	184	596
Skouries	74	17	597	688
Perama Hill	19	5	1	37
Greece – Other	131	61	65	257
Vila Nova	140	10	25	175
Tocantinzinho	5	0	39	44
Brazil – Other	16	7	7	30
Certej	152	27	24	203
Canada	27	17	2	46
Netherlands	3	2	0	5
Barbados	1	2	0	3
TOTAL	4,125	504	2,646	7,287

	% OF EMPLOYEES COVERED BY COLLECTIVE BARGAINING AGREEMENTS
Kişladağ	72
Efemçukuru	66
Jinfeng	100
Tanjianshan	99
White Mountain	99
Stratoni	82
Olympias	78
Vila Nova	100
WEIGHTED AVERAGE	87

“The communities we operate in are concerned about employment, and we take pride in offering employment and training opportunities to local community members.”

Norm Pitcher, President

Human Rights Approach

We are committed to protecting human rights in all areas of our business operations and are guided by the Voluntary Principles on Security and Human Rights. We respect the rights of employees, contractors, workers in our supply chain, local community members and others who may be affected by our business activities. We expect our business partners, including contractors and suppliers, to share this commitment to human rights, including those in regard to working conditions, freedom of association, maximum working hours, minimum wages, equal opportunity and freedom from discrimination and intimidation. We also support the elimination of all forms of child, forced and compulsory labour. To improve the transparency of this commitment, we began the process of formalizing a corporate human rights policy in 2014. We expect to finalize, roll out to our sites and publish the policy on our corporate website in 2015.

Employee Turnover

	% EMPLOYEES ENTERING EMPLOYMENT	% EMPLOYEES LEAVING EMPLOYMENT
Kişladağ	8.3	3.5
Efemçukuru	2.1	2.4
Jinfeng	2.7	7.0
Tanjianshan	8.9	12.7
White Mountain	3.9	2.4
Stratoni	9.1	7.6
Olympias	11.7	4.4
Vila Nova*	118.7	86.0
WEIGHTED AVERAGE	11.2	8.5

* The large percent of employees hired at Vila Nova reflects the process of converting contractors to employees. The turnover rate at Vila Nova is high because the operation was put on care and maintenance status at the end of 2014.