Employee wellbeing

Promoting health and wellbeing

Having engaged and healthy employees is a prerequisite for an innovative, competitive and productive organization, and mismanagement can lead to significant cost implications both for Gränges and its employees. With the COVID-19 pandemic in 2020, the company’s focus on employee wellbeing was further enforced. Examples of COVID-19 related actions include flexible and remote work options, travelling guidelines to ensure the safety of employees who returned from private or business trips, updated meeting policies and as well as ensuring access to medical equipment and disinfection supplies.

Access to healthcare

To promote employee health and wellbeing, Gränges offers both occupational and non-occupational health services. Benefits include flexible work options, occupational health care, wellness grants, and support to employees who have recurrent illness. At the production facilities, employees and contracted workers have access to first-aid care. Off-site, employees are offered preventive and regular health checks, as well as access to medical care at licensed medical providers in case of occupational injury or illness. Gränges also offers non-occupational support with regards to tobacco and nicotine cessation, dietary advice, stress reduction and mental health. Gränges maintains the confidentiality of all personal health-related information and keeps medical information and journals in compliance with local legislation. In 2020, Gränges’ operations in Finspång implemented a new financial wellness tool enabling employees to forecast their future pensions and to ensure financial stability at home and at work. The operations in Americas conducted wellness education and continued to run the financial wellness programme introduced in 2019.

Tracking employee satisfaction

Gränges regularly follows up on employees’ general motivation and wellbeing via the annual performance and development discussion as described below. The company also conducts employee surveys every two years to track status, and in 2020, Employee engagement index reached 78 (77), up slightly versus the previous measurement and in line with relevant benchmark from other industrial companies. Gränges uses the results from the employee surveys to set local action plans.

Note: All numbers exclude Gränges Konin and Gränges Powder Metallurgy.