Committed employees who work closely with customers, partners and each other towards common, clear results are critical to both the success of operations and the company’s ability to attract employees. Fabege manifests this in its core values, in accordance with ethical, social and enviromental guidelines. This defines even Fabeges corporate culture.
Competence development
It is our employees’ work results and their interests that determine how they develop and move forward in their careers. We strive to create a work environment that stimulates competence development and exchange of information throughout the organization.
At Fabege, employees do not have to change their workplaces to develop or change the direction of their career paths. Internal recruitment is a natural part of our corporate culture. It is normal for employees to work with several different assignments during their careers, and to serve in several different locations within the organization. It is not uncommon that some of the vacant senior-level positions that arise are filled through internal recruiting.
The professional development of all employees is based on individual development plans. In accordance with the objectives of the business activities, the supervisors and employees work jointly to establish personal goals for each employee’s development. The success of each employee’s individual plan is contingent on the assumption of personal responsibility for his/her development. We expect each employee to show a desire, initiative and willingness to assume responsibility for his/her own further development and, in turn, to contribute to the business progress of Fabege’s operations.
Equal opportunities and work-life balance
Equal opportunities is a key parameter in new recruitment and appointments to executive positions. To offer a good balance between work and free time, is an important part of Fabege’s ambition to be an attractive employer. Fabege encourages both women and men to go on parental leave.
Active dialog
Fabege encourages employees to have an active dialogue with their managers to create an attractive and motivating work place. Fabege continuously conducts a major employee survey to measure how Fabege is perceived as an employer. The response rate is very good (93 per cent in 2009) and the results encouraging. Factors that scored high included a strong sense of togetherness and good equal opportunities work. Confidence in managers is high and cooperation among and within departments is good. With the intent to make Fabege an even better place to work, each unit annually draws up an action plan, which is being followed up.
Health and fitness
Fabege aims to offer a safe and healthy work environment and has set up a work environment committee, which is gradually auditing the business with a view to eliminating any health risks to the company’s employees.
Fabege is committed to promoting health and fitness, and encourages exercise. As part of this commitment, the company offers employees membership of a fitness chain. Employees can also go for health and fitness checks at a range of different fitness facilities.
The company’s group health insurance policy covers all Fabege employees, ensuring that employees receive qualified care in case of illness.
Profit sharing system
Since 2000, Fabege has a profit sharing system to increase employees’ stake in the company’s future. Allocations are made in the form of Fabege shares based on the company’s profitability and return on equity. Shares are tied up for five years after allocation.