Yara’s People Strategy focuses on talent development, talent acquisition and performance culture – delivered through good people management. The strategy impacts four areas that are critical to driving business outcomes; performance, engagement, retention and attraction.
Over the past three years, Yara has implemented a number of people processes and tools. During 2013 we worked on expanding the reach and increasing the quality of these processes, to enhance the impact on individual and team performance, and thus also business performance.
Having both a performance culture and high engagement impacts business results. This is why we have an inclusive approach to our people processes, which are run globally and on all levels of the organization.
Increased retention in a competitive talent market has a strong and positive business impact. Key levers to achieve this include a distinct employee value proposition (EVP) and a performance culture, as well as tangible development and career opportunities for all.
Improved attractiveness as an employer leads to more and better talents to choose from when recruiting – and ultimately to better business results. In addition to a strong and differentiated EVP, Yara emphasizes proactive and innovative approaches to sourcing candidates and high attention to candidate care.
At the end of 2013 Yara had 9,759 permanent employees worldwide, an increase of 1,707 (21%) compared to the previous year. The largest increase was in Brazil, due to the Bunge acquisition. The share of women employed by Yara has remained close to 20% in recent years. In 2013 Yara set up short and medium term ambitions to increase the proportion of women in key management positions, aiming to increase the proportion from 20% in 2013 to 23% in 2017.