The most important value is the employee
Masterplast Group considers its employees, its human resources, as its main value, and believes that business and ESG goals can only be achieved and results obtained in collaboration with the Company’s employees. The Company, with a presence in nine countries, has a strategic focus on diversity, cultural richness, long-term employment of skilled workforce, optimal engagement of available workforce and talent in different regions.
As part of workforce management, Masterplast Group emphasises the retention of its workforce by providing an appropriate compensation package, internal and external workshops and training opportunities. Guaranteeing employee turnover and job security are core values. The Company gives preference to local employees as part of its cooperation with local communities, thereby strengthening stakeholder engagement.
Proportion of female employees in senior management:
19%
Average proportion of women in middle management
22%
Business ethics
- Ethical practices with employees: supporting our employees to carry out their work fairly and responsibly
- Responsible sourcing: working fairly and ethically with suppliers throughout the supply chain
Employee engagement and diversity
- Employee engagement: creating a motivating and attractive working environment for all our employees
- Diversity and inclusion
Health and safety throughout the value chain
- Ensuring health and safety at our sites
- Our suppliers, customers, end users and local communities: to ensure health and safety
Masterplast Group considers the diversity of its workforce and the proportionate representation of different age groups and genders in its employee structure to be a priority. On the last day of the year 2021 the proportion of employees under 30 years of age was 26% at Group level, while the proportion of employees over the age of 50 was 14%.
The majority of Masterplast Group employees come from local communities, with more than 80% coming to work from less than 25 km away. At group level, only 7% of employees commute more than 50 km on a daily basis. This is not the case in the Subotica where 22% commute from less than 25 km and a further 13% from more than 50 km, due to the fact that there is a local labour shortage.
Employment rates by countries
The total number of accidents at work was 14 at the Hungarian bases in 2021 and 24 at the Subotica base, with 1 accident occurring per 34 employees at Group level. Masterplast Group is a growing group of companies that will create new jobs by expanding its business, providing opportunities for added value. The process of expansion is accompanied by temporary fluctuations, which become a long-term commitment as business activity stabilizes. The number of layoffs in 2021 is 138, while 243 quit. The figure for Subotica is outstanding, with 118 layoffs and 186 workers quitting, reflecting the local labour market conditions. Exit turnover in 2021 was 15% at Group level, while entry turnover was 22%.
Employees are involved in constant internal training for the number of hours required by local regulations. Special attention is paid to the initial, preparatory trainings. The focus is on corporate culture and its development through workshops attended by the majority of white-collar workers, and the process has started for blue-collar workers. The total time of the internal and external workshops implemented in 2021 is 4,530 hours, of which stands out the number of training hours spent in the preparation for the starting production of Masterplast Medical. In 2021, a total of 474 white-collar workers and 994 blue-collar workers took part in training.