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Corporate Citizenship Report 2010

 

Workforce Initiatives

Employment

Hiring top talent around the globe helps to ensure that Agilent maintains its leadership as the world's premier measurement company. To attract this talent, Agilent provides everything from forward-thinking workplace design and community involvement to total rewards that rank with the leaders in the high-technology and life sciences industries. Our employment focuses continue to be:

  • Provide employees with a work environment that they find challenging and rewarding.
  • Ensure outstanding leaders at every level.
  • Encourage open communication and feedback with management.
  • Invest in employee development.

Campus Recruiting

An example of how Agilent recruits and hires top talent worldwide is our global campus recruiting program. Our company's recruiting efforts on campus are critical for the company's long-term success. There is intense competition for the top talent we need to fuel our growth. Agilent's campus recruiting program focuses on 12 schools in the United States, 25 in Asia, and three in the United Kingdom and Germany. During 2010, Agilent hired 214 people from colleges and universities, comprising 32 percent of the company's total new hires. Our efforts include building and maintaining strong relationships with faculty members as well as participating in on-campus recruiting career fairs, information sessions and interviews. The end goal is to lead diverse, soon-to-be graduates to accept a job offer with Agilent.

A crucial component of campus recruiting is Agilent's internship program. In fiscal year 2010, Agilent hired 68 interns globally with 28 percent becoming full-time employees upon degree completion. The program provides students with short-term job opportunities that offer them real-world experience and fulfill their course/practical training requirements. At the same time, the internship allows Agilent to assess top students as potential hires upon graduation. Interns bring a fresh perspective and the latest in research and technology to the company. The internship program is a win-win for the company and the students.

We continue to attract the best employees; our job acceptance rate is approximately 93 percent. We have a strong executive leadership team to ensure that our leaders are able to make the tough decisions about where to focus resources. Leaders are building Agilent's organizational capability and aligning their teams with clear, measurable objectives they can deliver on and be held accountable for.

Work-Life Balance

A broad range of programs and activities are available to help employees manage commitments in their work and personal lives. The programs and services are designed to address a range of needs in a way that allows employees to pick what works best for them. Programs include:

  • Flexible work arrangements such as remote work, variable and part-time work schedules, and job sharing.
  • Paid flexible time-off for rest, recreation, personal reasons or illness.
  • Referrals for dependent care, elder care, people with disabilities and other caregiver situations.
  • Employee and Family Assistance provider for health and wellness resources.
  • Working parent networks where employees can share resources, tools or other services.
  • Quiet rooms at some facilities for those who need a break or time for reflection.

Agilent has once again received a 100 percent rating for the 2011 Corporate Equality Index and Best Places to Work Survey. The survey is conducted by the Human Rights Campaign Foundation (HRC), which is the educational arm of the United States' largest advocacy group for gay, lesbian, bisexual and transgender (GLBT) Americans.

Wages and Benefits

Agilent aims to deliver a rewards portfolio that is competitive with high-technology and life sciences companies and representative of the diverse industries and markets in which Agilent operates.

Our rewards are offered to eligible employees and comply with local legal requirements

  • Our Total Pay program includes base pay, variable pay systems such as the Agilent Results Bonus and Individual Performance Bonus, and sales incentive compensation. Pay is differentiated based on company and individual performance.
  • Benefits such as health and welfare benefits, retirement plans and time-off, provide a foundation to support employee well-being and financial security.
  • Equity programs align employee and shareholder interests. Programs include an Employee Stock Purchase Plan and long-term incentives such as restricted stock units.
  • Our recognition program is one of the approaches available to acknowledge an employee's performance. It includes cash bonuses, cash-equivalent gifts and non-cash awards.

Diversity and Inclusion in the Company and Marketplace

Agilent is a multinational company sensitive to the values of local communities. Global diversity and inclusion are key components of Agilent's operating model. We understand the value - to our business, employees and communities - of an inclusive environment that respects and celebrates unique perspectives and life experiences. Our workforce is diverse and geographically distributed (42 percent in Asia Pacific, 20 percent in Europe and 38 percent in the Americas). At Agilent, we recognize that:

  • Our employees, customers, suppliers and strategic partners are increasingly global in nature and reflect a wide mix of cultures that we must relate to effectively to succeed.
  • Diverse perspectives help us achieve competitive advantage and become a leader in innovation, problem solving and creativity. We work to address work-life balance challenges and leverage diverse perspectives, talents and teams to meet this global challenge.
  • The workforce demographics are changing in most countries. The competition for top talent is increasing. To ensure our business success, Agilent provides a competitive work environment that enhances productivity, helps to attract and retain employees, and promotes the Agilent brand and values.
  • Our global competitiveness is not achieved only by designing, manufacturing, marketing and selling superior products. We also invest in developing and applying excellent people skills around the globe.



 

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