We formally and regularly monitor employee engagement levels across the Group. We have conducted employee engagement surveys, and we’re always looking for new opportunities to listen to our people.
In 2016, following a Group-wide reorganisation, we resumed our employee survey PetroVoices. We invited all our employees around the globe to participate in our online survey.
We achieved a response rate of 64%. The overall results were positive, with the results improving in nearly all categories since our 2013 survey. This was reassuring, particularly when taking into account the challenging market environment and the restructure of the Company.
The survey focused on eight key categories, including:
The survey results continue to indicate that across the Company our employees are committed to encouraging safe work practices and working beyond what is required in order to make Petrofac succeed.
It also highlighted specific areas that our employees want us to focus on in the future to enhance our working environment, and for which we have now developed robust action plans both at Group and at service line level. We will continue to monitor these action plans going forward and report back on progress to our people.
We actively encourage employee share ownership, as we think this builds commitment to the Company’s goals and rewards our people for their contribution. In 2016, 37% of our employees participated in at least one of the Petrofac employee share schemes.
Each year we celebrate employees and teams who embody our values through the EVE (Excellence, Values, Energy) Awards. In 2016, we received 346 entries from across the Group, the highest number to date, demonstrating a significant level of interest and enthusiasm.