5. Working Conditions
TOPIC LEAD: CHIEF HUMAN RESOURCES OFFICER
Our target for 2027: Maintain an employee engagement score of ≥80% and implement targeted improvements on the previous survey.
Jobs with decent working conditions are a basic premise for the development of individuals and society. Our employees are central to our success, and we are proud of our global and diverse workforce.
We continuously adapt our working conditions to current requirements and have further expanded our remote working concept in line with the needs and wishes of our employees. We are convinced that flexible working arrangements bring many advantages, reinforce mutual trust, and satisfy the wish of many employees for more personal responsibility and self-organization.
Open dialog with employees is a central priority for us
We are committed to upholding fundamental international labor standards and strive to provide conditions that overall exceed the local industry average. To achieve this, we focus on three areas:
- Dialog and relations
- Terms and compensation
- Organizational culture
We acknowledge and support freedom of association as set out in our Code of Conduct. Open dialog with employees is a central priority for us and is fostered in various ways. 63% of our employees worldwide are covered by a collective agreement.
We offer attractive terms and conditions of employment adapted to prevailing requirements on an ongoing basis. We benchmark our salaries against external salary surveys conducted by Willis Towers Watson and have an ongoing monitoring system in place to eliminate significant salary differences between equivalent jobs.
Our well-established corporate culture forms the foundation of our competitiveness
We are convinced that our well-established corporate culture forms the foundation of our competitiveness. The reputation that Burckhardt Compression enjoys and the mutual trust that exists within the Group depend mainly on the integrity and conduct of each and every employee. A comprehensive values program called “Values and Behaviors” ensures that employees in all Group locations and companies share and actively uphold the same corporate values and principles.
We conduct biannually a worldwide employee survey. In past years, the high participation rate of 90% was very pleasing and reflects the high level of engagement of our staff.
On a positive note, overall employee satisfaction and engagement increased compared with the last survey. Both ratings rank above the industry average, which marks Burckhardt Compression out as an attractive employers. The results from this survey are systematically evaluated as a basis for continuous improvement.
Among the most attractive employers in Switzerland
Burckhardt Compression ranks as one of the most attractive Swiss employers in 2022. This ranking is based on an independent survey of employees, which was carried out by data analyst Statista via an online access panel, combined with input from the readers of “Handelszeitung” and “Le Temps”. More than 1’500 employers with 200 or more employees in Switzerland were identified for the survey. Burckhardt Compression was placed an excellent 30th in the overall rankings, up there with last year’s good result. Within its own sector of mechanical and plant engineering, Burckhardt Compression ranked fifth.