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Global marketplace and emphasis on innovation increasing
importance of attracting and retaining top talent
Dow Corning GmbH was recognized as one of Germany’s 100 best places to work
for the second time by the Great Place to Work® Institute and
Capital, a leading German business magazine. In the survey, 94
percent of Dow Corning employees confirmed that ‘this is a very good place
to work’. The company ranked 33 in the 2008 list of Germany’s top 100 best
places to work, among 252 participants.
“Our results from the employee survey were higher in almost all aspects
compared to 2006. It’s rewarding to see that Dow Corning employees enjoy
working here,” said Elisabeth Ganss, general manager of Dow Corning GmbH.
Attracting and retaining skilled employees has become increasingly important
in Europe, as companies emphasize innovation while competing in a global
marketplace. Companies must not only offer interesting jobs, competitive
compensation and career development opportunities, they must also be effective
in providing their employees with incentives allowing them to balance their
career and work life with their personal life.
“It’s critical to recruit new talent and build leaders who innovate and
energize your business for a sustainable future,” said Ganss.
Dow Corning proactively measures employee satisfaction. For example,
in 2006 the Wiesbaden facility engaged in an external audit, which identified
six potential improvement goals focused on working time, work organization,
personnel development, family service, leadership competency, and information
& communication. Dow Corning implemented several changes based on the
employee feedback.
As a result, Wiesbaden employees reported notable increases in some of the
previously identified areas for improvement. The most significant
increases were gained for: ‘employees receive help in health matters’
(+13 points) and ‘employees are encouraged to find a good balance between
work life and private life’ (+19 points). To the summarizing question:
‘All in all I can say that this is a very good place to work,’ 94% of
the participating employees gave a positive response (versus 91% in
2006).
Dow Corning Corporation has received ‘Best employer’ awards in several
countries. In the United States, Dow Corning was named to Fortune
magazine’s list of Best Companies to Work for and Working Mother magazine’s
Best Companies in 2007. Dow Corning has also received the Best Employer
Award in Belgium and a similar award in Brazil.
About Dow Corning
Dow Corning provides performance-enhancing solutions to serve the diverse
needs of more than 25,000 customers worldwide. A global leader in silicon-based
technology and innovation, offering more than 7,000 products and services, Dow
Corning is equally owned by The Dow Chemical Company and Corning, Incorporated.
More than half of Dow Corning’s annual sales are outside the United States.
About the Great Place to Work® Institute
The Great Place to Work® Institute, Inc. (http://www.greatplacetowork.com) is
a research and management consultancy based in the U.S. with International
Affiliate offices throughout the world.
Further information: Please direct inquiries to one of our media
representatives.
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