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KONE 2016 | SUSTAINABILITY REPORT

OUR PEOPLE

36

Clear rewards

Our reward framework is intended to inspire,

motivate and engage employees through easy-

to-understand policies, guidelines, and practices

that are aligned with our business strategy and

development programs. We invest significantly

in a range of monetary and non-monetary

rewards offered to employees, and we call

this total reward. This framework focuses on

pay for performance and our aim is to make it

transparent and to communicate about it clearly.

While reward policies are consistent across KONE,

the practices are flexible to meet local needs.

The compensation and other benefits of the

Board of Directors, President and CEO, and the

Executive Board are disclosed in KONE’s Annual

review 2016 (p. 55-56).

Safety is our highest priority

KONE’s safety and well-being programs

continued during the reporting year. At KONE

safety is our highest priority. This means

making sure each of our employees has the

necessary competence, tools and instructions

to perform their work professionally and safely.

KONE employees receive training on health

and safety, and safety is a key element in all our

product and operations training. A wide variety

of training solutions are used, from classroom

based training and eLearning to on-the-job

training. Toolbox talks serve to communicate

short refreshers and safety messages to field

employees.

KONE established a new operating model

for managing safety during 2016. The KONE

Way for Safety model was developed using

benchmarking from outside the industry to

identify best safety practices. It provides a

harmonized structure for safety management

across KONE, for all our employees and

subcontractors. These globally defined rules

and methods are to protect the safety of our

workers and that of anyone else who may be

affected.

Every leader is responsible for providing their

team with all the necessary means for working

safely. Managers perform regular audits to

measure compliance with KONE’s policies,

rules, and defined working methods. Corrective

actions are taken if deviations are identified.

KONE also conducts process audits to identify

possible obstacles to work safety. If any are

found, the work in question is stopped until a

safe method is approved.

Average workforce tenure in years

(2015 figures in brackets)

China

3.6 (3.18)

United States

India

France

Finland

Australia

Spain

6.9 (7.50)

5.3 (5.20)

11.3 (10.75)

11.6 (11.63)

United Kingdom

8.6 (8.64)

7.6 (7.76)

8.9 (6.31)

Italy

13.8 (13.16)

Germany

11.2 (11.65)

Personnel by country Dec. 31, 2016

10 largest countries

(2015 figures in brackets)

14,892 (14,057)

United States 5,197 (4,672)

India 4,287 (4,078)

France 3,007 (3,048)

Finland 2,207 (2,142)

Germany 1,943 (1,910)

Italy 1,940 (1,969)

United Kingdom 1,917 (1,867)

Australia 1,468 (1,376 )

Spain 1,011 (1,009)

China

46,000 employees

from 50 countries

had access to trainings via

Konelearning.com

3,456

courses available in

30 different languages

124,000

e-learnings completed in the

konelearning.com

TRAINING HIGHLIGHTS