A responsible global employer
Michelin has set for itself demanding social objectives that are consistent with its personnel policy, the fundamental principles of human rights and international conventions such as the United Nations Global Compact, the OECD's Guidelines for multinational enterprises, and the International Labor Organization's fundamental conventions.
A strong commitment to employees' well-being and development
Two ambitions have been defined in this area:
- Protect the health and safety of the people working in the Company and enhance employees' well-being;
- Create a work environment that fosters trust, cooperation and diversity, and where all employees can grow and take an active part in progress and innovation.
Well-being in the workplace
The Group wants to create the right working conditions for its people to achieve balance and well-being in all four fundamental areas at once: physical, psychological, relationships and self-fulfillment. Projects are under way to improve the work environment, organization and communication.
The Company also empowers countries and sites to work on improving whatever priority areas have been pinpointed locally. The well-being indicator included in the new "Moving Forward Together Survey" will be used to monitor changes.
A fair Compensation & Benefits policy
Michelin seeks to provide each employee with fair compensation that reflects the employee's involvement in the Group's performances and is consistent with the local conditions in the different countries. The Company also works to protect its employees from the financial consequences of an accident or illness, and provides optional systems to top up their pension income. All personnel receive some form of bonus pay, depending on the country.