NF6 Employees

At year-end 2022, the number of employees amounted to 40,489 (38,669).

Competence development

Sandvik provides many opportunities for development through stretch assignments, projects, mentoring, digital learning platforms and face-to-face programs. We provide a global common offer of leadership and expert programs, we have various learning academies, we offer digital workshops and e-learnings, for example, to upskill and reskill for today and the future. Our global leadership and expert programs all support our 2025 strategy. In 2022, we re-started the Next Generation Global Leaders Program that will continue to support the future leadership pipeline at Sandvik.

Global Graduate Program

The Global Graduate Program is a Sandvik global trainee program that offers young professionals the opportunity to explore various parts of our operations during 15 months. The purpose of this program is to attract and recruit top students in selected markets, accelerate their introduction to the Sandvik world and support our employer branding strategy. In January 2023, ten graduates from China, India, Finland, Sweden and the US, with a split of men/women of 40/60 percent, graduated from our 5th global graduate program.

Internal job market

As a Sandvik employee you are responsible for your own career development. Sandvik offers a wide range of career opportunities. Our internal job market enables our employees to move to other parts of Sandvik or other countries and to grow and develop as individuals and professionals. In 2022, 3,607 employees (3,039) were hired and a vast majority of the positions were posted on the open internal job market.

Diversity and inclusion

We strive for a diverse workforce and an inclusive culture to bring in broad perspectives, which creates benefits all the way to our communities and the customer. This is reflected in our recruiting; people development and retention and we are working on several initiatives in our business (see Sandvik Mining and Rock Solutions – Sustainability, Customers and Employees, Sandvik Rock Processing Solutions – Sustainability, Customers and Employees, Sandvik Manufacturing and Machining Solutions – Sustainability, Customers and Employees). Our sustainability goal is to have one third of managers be female by 2030. In 2022, the share of women in external executive recruitments was 30 percent (30), and the share of women in managerial positions globally 19.6 percent (19.6). In our Executive Leadership Team we have five nationalities and the share of women is 44 percent. The latter was recognized by the Allbright Report with a number 66 position (105) on their green list. Our share of women in division management teams amounted to 22 percent (19) and the share of women in our talent pool was 28 percent (29). 21 percent (19) of the members in division management teams were non-Europeans.

Psychological safety is a prerequisite for an inclusive culture. Hence we train managers on intentionally creating a psychological safe space and we open every meeting with practicing this during our check-in. We follow up on our inclusion levels as part of our quarterly D&I Pulse surveys. We offer D&I training in a leadership workshop and a toolbox that includes e-learning workshops and exercises. Our D&I nanolearning is offered to all new hired and acquired employees. Our Bridge program focuses on leading across boundaries and all our internal global leadership programs include training on how to create an inclusive work environment and promote diversity.

Employee engagement

Sandvik conducts Quarterly Engagement Surveys (QPulse). The purpose of these surveys is to measure employee satisfaction and engagement levels more regularly to give us real-time-insights for our future improvements in identified and prioritized areas. The annual average was: Engagement index 78 percent (79), Inclusion Index 79.5 percent (78.5) with a 65 percent (57) response rate. Measures based on the results are implemented in each business area and in Group functions. In the fourth quarter of 2022, we introduced a more in-depth QPulse survey.

Every employee at Sandvik is offered at least one individual performance dialogue annually with their manager, that focuses on previous performance, new goals, as well as development plans for the coming years. In 2022, 93 percent (90) of employees participated in performance dialogues.

In 2022, 46 percent (54*) of employees were covered by collective bargaining agreements.

Other

We use external remuneration consultants for bench-marking, as guidance. We did not apply any sign-on bonus or other extra incentive payments for new Executive Management team members in 2022.