Training and continuing education

Ongoing training and continuing education of the employees is an important instrument at voestalpine to keep the qualifications of the staff at the top level.

In the area of management training and development, voestalpine is focusing on the multi-phase “value:program”; in the business year 2012/13, 146 executives from 16 countries participated in this program across the entire Group. 39 % of the participants came from subsidiaries outside of Austria. The percentage of women was at 15 %.

In 2011, voestalpine received the Austrian Human Resources Award from the Austrian Productivity and Efficiency Center (ÖPWZ) for creating the “vision stage” module; it was also nominated for the European Human Resources Award.

voestalpine also runs the “High Mobility Pool” development program for university graduates with a few years of professional experience. After the successful Europe-wide recruitment of participants for the class of 2011, the internationalization of the program was continued. For the class of 2013, participants were recrueted from Brazil, China, Canada, and Mexico.

The total cost for personnel development in the business year 2012/13 was EUR 45.9 million. In the business year 2012/13, more than half of all employees participated in either training or continuing education. Group-wide, voestalpine employees underwent a total of 749,274 hours of training, an average of 31.9 hours per trained employee.

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