Employee development and training
One of Vossloh’s major advantages in terms of its attractiveness as an employer is the comprehensive array of development measures it offers its employees. The company specifically promotes talent by striving to offer attractive opportunities, including offering all junior staff the possibility of working in digital project-based international roles. In annual review meetings, various measures are agreed upon to provide employees with customized training while taking operational needs into account. Proper implementation of these measures is closely monitored and evaluated by the HR departments. In addition, managers and employees sit down for six-monthly reviews to discuss the level of attainment for the agreed goals and development operations.
During the period under review, for the first time the People Review Process for managers and above-tariff paid employees not only included individual goals and development measures, i.e. WHAT, but also HOW these measures and goals can be achieved in line with the company values and leadership guidelines. 90.5 percent of all managers and nontariff employees (previous year: 80.7 percent) went through this process during the year.
The large number of professional development measures for Vossloh employees covering all areas of expertise comprises external and internal training, workshops, project involvement (within or outside of a business unit) and coaching as well as increasingly digital learning opportunities. At the Vossloh Fastening Systems „Factory of the Future“ in Werdohl, the training program for employees who have not received training yet and for new employees was continued in the year under review. There was a strong focus on training in online and blended learning formats in 2022, as in the previous year. A total of 2,143 employees took part in 8,305 events – 8.5 percent more than the previous year.
Vossloh also supports employees gaining qualifications on their own initiative, such as by studying alongside working. For example, Vossloh Fastening Systems grants employees in China undergoing further training an additional day off before exams or other events, so they are better prepared. In addition, there is a cross-division LEAD! Program, which prepares high-potential employees for more advanced duties. The program was revised and aligned with the newly developed values and leadership principles in the previous year.
The Vossloh Learning Platform (VLP) is a digital environment for continuous learning (“Learn”), sharing (“Share”), and growth (“Grow”) in the company. The platform creates an inspiring and motivating culture of learning that every employee can contribute to and benefit from. The VLP is an example that learning takes place every day and in numerous ways. Learning options are divided into on-site, tailor-made and digital learning, so a suitable solution can be found quickly depending on the learning need. The VLP is available to all employees worldwide in German, English and French.