EMPLOYEE LOYALTY AND COMMITMENT Valeo’s growth strategy also relies on its ability to attract and retain employees. The Group must be attentive to their views with regard to the Company and its strategy, but also in terms of quality of work life. In 2015, Valeo conducted a new survey on the engagement of all Group engineers and managers, entitled the “Employee Feedback Survey”. Conducted among 19,000 employees in 36 countries and eight languages, the survey achieved record participation levels with a response rate of 85%, demonstrating that the action plans implemented meet employees’ expectations. Employees have noticed the biggest improvements in areas such as diversity, ethics and communications since 2013. Participants also expressed the view that there were more opportunities for personal and professional development than before. Based on the survey results, each country and each site identified its own “Top 4 Challenges”, established action plans and began tracking results. The Group itself also rolled out an action plan structured around accountability, efficiency, personal development and alignment of all levels within Valeo. As part of its skills development policy to promote operational excellence, Valeo has established standard Individual Development Plans and career interviews for engineers and managers. Through this dynamic policy, more than 3,400 employees benefited from career opportunities in 2015. DEVELOPING THE GROUP’S ATTRACTIVENESS Attracting top talent is a major challenge for the Group, as a means of supporting the growth of its business worldwide. Valeo distinguishes itself by virtue of a strong employer brand, and implements an effective recruitment policy to attract candidates in an increasingly competitive market. To make its strategy more widely known, the Group has developed different ways to make contact with potential future employees, from students with the “Valeo Innovation Challenge”, to experienced professionals through increased presence on social networks. At end-2015, Valeo’s LinkedIn Careers page had more than 190,000 followers, and 170 engineers and managers were hired using social networks over the year.
In 2015, Valeo was awarded Top Employers certification in a total of 22 countries, with first-time certification in Egypt, the Netherlands, Russia and Tunisia. This label attests to the excellence of a company’s human resources management.
VALEO, A TOP EMPLOYER
Valeo has set itself the goal of promoting and fostering the integration of young people from disadvantaged neighborhoods in the workplace. In 2014, the Créteil site (France) joined the “Our Neighborhoods Have Talent” (Nos Quartiers ont des Talents) association, which aims in particular to help young graduates with at least four years’ post-secondary education from disadvantaged neighborhoods find jobs. There were 21 active sponsors on the site at the end of 2015.
GIVING YOUTH FROM DISADVANTAGED NEIGHBORHOODS A CHANCE
VALEO / 2015 ACTIVITY AND SUSTAINABLE DEVELOPMENT REPORT