Employees

We care about making a difference together

Schaeffler’s approach for employees

We strive to create a safe and conducive environment by providing development opportunities, endorsing occupational health and safety, encouraging diversity, and promoting employee well-being

Capitals impacted

Social and relationship capital
Human capital

SDGs impacted

Performance highlights in CY22

94.1%Retention rate

0.5LTIR

91% Employee engagement according to the pulse survey score

Raising awareness

On June 22, Schaeffler India joined the global community to celebrate climate action day by coming together to plan initiatives that will help reduce our impact on the environment. To ensure that our employees were well-equipped to take part in these actions, a 90-minute workshop was conducted for all Schaeffler India employees to raise awareness of the sensitivity around climate change and connect with the global Schaeffler Group family.

100

Sessions on climate action day

2,000

Ideas generated

A new employee survey for better engagement

Launched in CY22, GPS–India 2022 was an overwhelming success, with a record response rate of 86% and over 2,400 responses. The survey was fully anonymous and compliant with General Data Protection Regulations, allowing employees to share their feedback in confidential detail. This demonstrated high levels of engagement and commitment to Schaeffler India’s future. The next global pulse survey is planned for the first quarter of 2023.

Strengths highlighted by the survey

  • Schaeffler India is recommended as a great place to work
  • Clear sense of direction from management
  • Leading the organisation to a great future
  • Feeling that career aspirations are met by the Company
  • The Company offers a healthy work–life balance

Looking ahead

  • Strengthen open communication channels
  • Focus on inclusive culture and unconscious bias
  • Strengthen the ‘We Care, We Act’ initiative, which is a critical programme about care and empathy
  • Sustain and further build on management–employee–organisation connections

Three key indicators from the pulse survey

91%Employee engagement score

88%Employee inclusion score

90%Employee intent to stay at Schaeffler for more than
3-5 years.

Case Study

Schaeffler India fosters an innovative atmosphere by providing our employees with the opportunity to bring their ideas to life through our ‘idea factory’ platform. This platform encourages our staff to suggest creative solutions for improving processes or enhancing products. These ideas are then assessed in detail, and when approved, they are implemented within the Company. The originators of the ideas are also rewarded for their contributions

GPS–India 2022 revealed a remarkably high level of employee engagement with the highest-ever participation rate. The survey identified key areas to focus on such as inclusion, leadership, enablement, collaboration, contribution, confidence in the future, and health and safety. The survey provides us with the ability to gather data, allowing us to create and implement action plans that keep us agile and improve our employees’ experience quickly and accurately."


Santanu Ghoshal
Vice President (Human Resources)

Health and safety

We are committed to creating a safe and secure work environment for our employees and contractors. We strive to ensure that safety is our top priority in all our operations, and we are dedicated to fostering a culture of safety first. We regularly review our safety practices to ensure that they meet the highest industry standards, and we endeavour to ensure that our workplace is the best it can be. As a result, there were no fatal accident in CY22.

0.5

LTIR

Diversity and inclusion

Creating an inclusive workforce is essential to promoting a culture of innovation and empowerment. We recognise the need to create a fair and equitable workplace for all employees, regardless of gender, race, ethnicity, sexual orientation, age, or disability. To ensure this, we make a concerted effort to build a diverse and inclusive workforce. Various initiatives are in place such as targets for increasing the percentage of female employees in leadership positions to 8% by CY25 and actively recruiting and promoting more women into senior leadership roles. These efforts help us create an environment of inclusion and respect for all employees, allowing us to reach our full potential.

Case Study

Improving female participation on the factory floor

We actively address gender biases by implementing various initiatives. For example, we significantly increased our female workforce on the shop floor to 40% at our Talegaon plant.

We are extending the initiative from our Talegaon plant to the Savli plant in Gujarat . To this end, we are running sensitisation programmes for our workforce to raise awareness of gender roles and are actively engaging with female employees on the shop floor.

40%

Female workforce on shop floor at Talegaon (Pune)

Growing and developing our people

Being on the cutting edge of mobility and motion requires us to invest in our people and train our engineers. We are building technical and behavioural competencies in all fields, including advanced manufacturing technologies and soft skill development. We offer learning opportunities through a consolidated platform called The Schaeffler Academy. This will help us ensure a healthy exchange of expertise and build a community of learners

197,697 hours

Training

100%

Employees trained in ethical practices