CSL Limited Annual Report 2021/22 40 CSL has also established early career programs for STEM talent around the globe to build our future talent pipeline. Our Australian Graduate Program focuses on attracting, developing and retaining top graduates who are highly driven, innovative and tech-savvy. The two-year program provides undergraduates career opportunities within our global businesses through cross-functional rotations and specialised development. Since the program’s inception, we have recruited 64 graduates with 96% conversion into roles post-program and a 92% retention rate. The EMEA Trainee Program offers candidates, who recently graduated with a bachelor, master and doctorate degree, a two-year, cross-functional rotation program in the areas of engineering, marketing, medical affairs, manufacturing, quality and/or R&D. Candidates have an assigned mentor and participate in a wide range of development and social opportunities, including leadership assessments, innovation sessions and project management. All trainees who have completed the program have secured full-time employment with CSL. Our North America Internship & Co-op Program attracts and retains students enrolled in a four-year college or university. The 12- to 26-week program builds on classroom theory by providing students with practical, hands-on experience. Interns receive a wide range of development opportunities, including an Insights Discovery Assessment, skill-building workshops and business-specific training. The roles span multiple CSL entities, business functions and locations. This year, CSL hired 38 interns and co-op students in the U.S. Developing Our Future Leaders We maintain a wide range of personal and professional development programs to ensure we can meet the evolving needs and expectations of our leaders. From developing strategy and executing undertakings with excellence to driving innovation and fostering an inclusive culture, the role of a leader has never been more critical. That is why we continue to support the ongoing development of CSL’s current and future leaders. Following are descriptions of some of our development offerings. • Mentoring has been embedded into our learning and development for people leaders across the globe. More than 1,400 employees – 51% of whom are female and 41% ethnic (U.S. ethnicity only) – are currently participating in our Global Mentoring Program. • Leadership Excellence is a program for directors and associate directors across all areas of our business. The program features subject matter centred around leadership agility and translating future trends into enterprise strategy. It also includes business simulations and reverse mentoring to broaden participant perspectives. To date, nearly 400 CSL leaders – 52% female and 48%male – across four cohorts have participated. • Management Essentials is a program for senior managers and managers across all areas of our business. This program historically engages an even split of female and male participants throughout the learning experience. Core and elective modules help participants build leadership capabilities related to a variety of topics. This year, we added Unconscious Bias as a core module of the programwith a focus on the individual biases that affect relationships, collaboration and performance. In 2022, 119 employees graduated from the program. • Our Discovery program focuses on enhancing the knowledge and capabilities of our self-led, individual contributors through the development of their own personal effectiveness, expanded self-awareness and collaboration capabilities, and improved change and time management skills. There were 216 participants – 68% female and 32%male – in our 2022 cohort. Celebrating employees’ contributions CSL’s global recognition program, Celebrate the Promise, is an online platform that allows employees and leaders to easily send recognition to anyone at any time and for any reason – from a simple thank you to acknowledgement of a major accomplishment. Each recognition is tied to a specific CSL Value. For more significant achievements, employees may receive points to purchase merchandise from an online catalogue. Since launching the program in September 2020, participation has been impressive with over 212,000 global recognition moments (as of 30 June 2022) being shared, and Collaboration and Superior Performance being the top two most-recognised CSL Values. Listening to our people As we emerge from the pandemic and experience a new way of working, we continue listening to our employees’ views on critical aspects related to working at CSL. Conducted in financial year 2021/22 in partnership with external vendor Korn Ferry, our enterprise-wide Culture & Learning Assessment indicated that the overwhelming majority – 96% – have a clear understanding of CSL’s Values (+ 11 to global benchmark), and 88% agree CSL is customer- and patient-focused (+ 12 to global benchmark). 61% of all people leaders participated in the assessment, which also involved eight focus groups of individual contributors and interviews with 14 executives. Each year, we invite employees to provide feedback on numerous important topics, such as our CSL Values and culture, employee engagement and development, collaboration across the enterprise, CSL’s Vision and decisionmaking through our Employee Engagement Survey. In 2022, we had the highest participation to date with more than 20,500 colleagues sharing their thoughts and opinions. This year’s Engagement Index is 77.9*, up 4.2 points from last year’s survey and on par with the global external benchmark maintained by our survey administrator, Perceptyx, and representing responses from over 11 million employees across multiple industries and geographies. As in prior years, each member of our Global Leadership Group analyses their respective results to identify a fewmeaningful engagement objectives and related action plans for the new financial year. We also offer ‘Analytics to Action’ training to managers, supporting themwith interpreting their team feedback and identifying strengths on which to build or opportunities to improve. 7 Our People *Limited assurance by Ernst & Young
RkJQdWJsaXNoZXIy MjE2NDg3