The Schaeffler Group’s employees are one of the most important pillars of its success. Their expertise, their skills, their dedication, and their ingenuity ensure the continuous development of the company. The Schaeffler Group supports the professional development of its employees, ensures effective health and occupational safety, and promotes targeted diversity in its workforces. It offers them fair, performance-based pay and retirement plans, and helps them to achieve work-life balance.
Sustainability in concrete terms
Employee advancement and development
Finding and continually developing efficient and motivated employees are core elements of human resources work at Schaeffler. In 2018, the focus was especially on realizing the three initiatives of the program for the future “Agenda 4 plus One”, which ensures the implementation of the company strategy with a total of 20 initiatives. The three initiatives are grouped under the category “Leadership & Talent Management” and are called “Leadership & Corporate Values”, “Qualification for Tomorrow”, and “New Work”.
Health and occupational safety
Schaeffler’s future corporate success depends on the qualification, motivation, and lasting health of its employees. The management of the Schaeffler Group attaches the greatest importance to maintaining the health and physical safety of its employees. For this reason, the occupational health management program (OHM) and occupational safety are essential elements of the global HR strategy.
Workforce diversity has fundamental value to the Schaeffler Group. Diversity promotes lateral and divergent thinking – key prerequisites for innovation and flexibility. These are essential for Schaeffler in order to successfully handle the major changes.
Compensation and retirement benefits
Attractive compensation models and additional services as well as needs-based retirement benefits are central components of the Schaeffler Group's HR strategy. They contribute significantly to employee satisfaction and help the company to profile itself as an attractive employer.
Flexible working hour models and opportunities that promote work-life balance are prerequisites for satisfied employees today. At the same time, they help to sustainably anchor the diversity program in the company because they offer people with different lifestyles the same career opportunities.
The Schaeffler Group is committed to social well-being around its core business and beyond. It follows the mission statement “In the region – for the region”. The core areas of engagement are “Education and science”, “Health and social issues”, and “Sports and culture”.
The Schaeffler Group's commitment to its employees and society contributes in many ways to achieving the SDGs. This applies in particular to “Good health and well-being for all” (SDG 3), “Education for all” (SDG 4), and “Gender equality” (SDG 5).