Fiscal 2020 Universal Registration Document

2. Management report

2.2.1.7 Talent retention

 

FISCAL 2020
FISCAL 2019
Retention rate for total workforce ☑

Retention rate for total workforce ☑

FISCAL 2020


83.1%

Retention rate for total workforce ☑

FISCAL 2019


81.6%

Retention rate for site managers ☑

Retention rate for site managers ☑

FISCAL 2020


89.2%

Retention rate for site managers ☑

FISCAL 2019


87.2%

The retention rate is calculated based on employees present in the Group for more than three months. Fewer resignations during the pandemic and long-term loyalty initiatives, such asThe retention rate is calculated based on employees present in the Group for more than three months. Fewer resignations during the pandemic and long-term loyalty initiatives, such as The retention rate is calculated based on employees present in the Group for more than three months. Fewer resignations during the pandemic and long-term loyalty initiatives, such as the WinBack policy in India, led to an improvement compared to Fiscal 2019. In addition, we also carry out numerous actions to better target our recruitment efforts in all regions.

RETENTION RATE FOR SITE MANAGERS
COUNTRIES
> 90%

> 90%

COUNTRIES

Argentina, Belgium, Brazil, Chile, France, Germany, Italy, Netherlands, Russia, Spain, Sweden, United Kingdom

80% - 90%

80% - 90%

COUNTRIES

Australia, Canada, China, Colombia, Finland, India, United States

2.2.2 Engaged employees

BETTER TOMORROW 2025 OBJECTIVE 

80% employee engagement rate

In September 2020, Sodexo conducted its eighth global engagement survey for all employees. The number of employees participating in  the survey is 193, 704 employees in 64 countries. The survey, conducted online, attracted a high participation rate of 59% (versus 62% in 2018). Despite the Covid-19 crisis, the engagement rate increased  by 11 points, expressing both satisfaction  and involvement. Engagement rate is a key performance indicator for Sodexo, which seeks to become one of the most admired companies by its employees in the world.

To continue to lead the engagement conversation, Sodexo has evolved the engagement framework and approach to one of continuous listening and management empowerment. The solution enables each manager to be active on engagement, creating their own surveys in between global ones, with instant access to results. This allows managers to engage teams more regularly and dynamically and implement measures quickly to address any challenges.

In 2020, given the Covid-19 context, Sodexo launched Pulse surveys to understand the impact of the pandemic on our management teams. 5,895 responses were received from 8 regions and Benefits & Rewards. The feedback enables Sodexo to identifying key action points to enhance support for employees and improve Sodexo’s response to the pandemic consequences.

 

September 2020June 2018change
Number of respondents

Number of respondents


September 2020

193,704

Number of respondents


June 2018

239 520

Number of respondents


change

- 19%

Response rate(1)

Response rate

(1)

September 2020

59%

Response rate

(1)

June 2018

62%

Response rate

(1)

change

- 3 pts

Employee engagement rate ☑

Employee engagement rate ☑

September 2020

80.1%

Employee engagement rate ☑

June 2018

69%

Employee engagement rate ☑

change

+ 11.1 pts

Employee Net Promoter  Score (2)

Employee Net Promoter  Score

 (2)

September 2020

39.3

Employee Net Promoter  Score

 (2)

June 2018

-

Employee Net Promoter  Score

 (2)

change

-

% of employees believing that Sodexo values diversity, such as age, gender, culture and origin, religion, sexual orientation and providing opportunities for individuals with disabilities, in the workplace

% of employees believing that Sodexo values diversity, such as age, gender, culture and origin, religion, sexual orientation and providing opportunities for individuals with disabilities, in the workplace


September 2020

93%

% of employees believing that Sodexo values diversity, such as age, gender, culture and origin, religion, sexual orientation and providing opportunities for individuals with disabilities, in the workplace


June 2018

82%

% of employees believing that Sodexo values diversity, such as age, gender, culture and origin, religion, sexual orientation and providing opportunities for individuals with disabilities, in the workplace


change

+ 11 pts

% of employees considering Sodexo to be a socially and environmentally responsible company

% of employees considering Sodexo to be a socially and environmentally responsible company


September 2020

93%

% of employees considering Sodexo to be a socially and environmentally responsible company


June 2018

80%

% of employees considering Sodexo to be a socially and environmentally responsible company


change

+ 13 pts

(1) Adjusted from employees not present due to furlough.

(2)Employee Net Promoter Score measures whether employees would recommend Sodexo as a place to work. Calculated by subtracting the share of Detractors from share of Promoters. Results go  from -100 to 100.