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KONE 2013 | CORPOR ATE RESPONSIBILIT Y REPORT

OUR PEOPLE

43

70% of competence

development happens

on the job, 20% by

learning from others

and 10% from training

and self study. During

the previous reporting

year, we created the

70-20-10 learning

guide, a practical

learning solution with

examples on building

more effective individual

development plans.

Rewarding our people

Our reward framework is intended to inspire,

motivate and engage employees through

easy-to-understand policies, guidelines and

practices that align with our business strategy

and development programs. While reward

policies are consistent across KONE, the

practices are flexible enough to meet local

needs.

Compensation and other benefits of the

Board of Directors, President and CEO, and

the Executive Board are disclosed in KONE’s

Financial Statements 2013 (p. 62–63).

Open and timely communication

Employee engagement has a lot do to with

open and timely communication about KONE’s

goals and the ways of doing business. We

use multiple channels to reach and motivate

our employees, and encourage them to

collaborate by for example offering everyone

the opportunity for language testing and online

English training.

In 2013 we rolled out a KONE Collaboration

Workplace project to improve teamwork via

the intranet. The upgraded intranet improves

document sharing and supports interactivity.

Since 1993 we have organized an annual

European Employee Forum that brings together

top management and employee representatives

to discuss issues ranging from safety to business

development. In 2013 the theme was learning

and development, and 21 employees from

15 European countries participated. A smaller

working group meets two to four times a

year to ensure continuous consultation and

communication on important developments

affecting KONE employees.

KONE’s latest news and events are published

in our intranet, employee magazine and

newsletters, which are available both on a

global and local level. In 2013, KONE published

three editions of its global employee magazine

Move, in nine languages.

Age distribution, Dec. 31, 2013

(All KONE employees)

13%

20%

17%

13%

12%

11%

8%

7%

–25

26-30

31-35

36-40

41-45

46-50

51-55

56–