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Newsweek Names CPChem one of America’s Top Workplaces in 2023
Respondents to Newsweek’s national survey rated employers on benefits, working environment, work-life balance, training and career progression, company image, corporate culture, sustainability awareness and proactive management of a diverse workforce. CPChem earned five out of five stars.
“This recognition reflects our ongoing commitment to fostering a workplace where our employees thrive, innovate and grow. We will continue to prioritize employee well-being and nurture a culture that celebrates diversity, encourages learning, and drives both personal and professional development.”
Employees by the Numbers
Global Employee Headcount
5,142
Increased Employees in Workforce by
174
Voluntary Attrition Rate
4.2%
Elevating Talent Management
Talent management continues to be a primary theme of our culture evolution, which positions our people and organization for long-term success. We elevate talent at CPChem by sustaining an environment where performance is recognized, and employees receive feedback needed to reach their full potential. Our talent management strategy includes concentrated attention on recruitment, recognition, learning, development and career planning.
Recruitment
CPChem’s talent acquisition teams utilize their expertise to attract a dynamic and diverse workforce. Our recruitment teams undergo unconscious bias, diversity, and interview best practices training to engage an inclusive group of top candidates. As part of this effort, we require diverse interview panels for college and experienced hire recruiting activities. In addition, our college recruitment programs are uniquely designed to attract candidates with diverse backgrounds and experiences.
Winning Together
In 2023, we introduced Shine, an internal program with an entirely new approach to employee recognition. Shine provides a private social platform where employees acknowledge and celebrate their colleagues’ success through posts of appreciative feedback and in some instances, monetary rewards. Through Shine, we empower our workforce to recognize achievements and celebrate the many shapes of success at CPChem.
Shine Recognition Platform Highlights
- In its first year, Shine received more than 40,000 employee submissions recognizing fellow colleagues.
- Shine hosted CPChem’s inaugural Sustainability Inspiration Awards campaign and awarded 13 employees for their leadership in CPChem’s sustainability focus areas.
Learning and Development
CPChem’s Learning and Development team is responsible for identifying innovative solutions to advance employee development throughout the organization. At CPChem, we approach learning as an ongoing process, and we leverage on-the-job training, coaching, mentoring, eLearning and classroom-based instruction as opportunities to deliver high-value lessons and elevate skillsets.
Training and Career Planning
We are committed to providing ongoing learning and development opportunities for our employees. We believe that career progression should be tied to performance, not just tenure. From new hires to seasoned professionals, our training programs are designed to allow employees to take charge of their career journeys and develop their potential to the fullest.
Employee Development
Average Hours of Training per Employee
49.5
Total Employee Training Hours
254,374
Leadership Elements
Growing Leaders One Element at a Time
CPChem’s Leadership Elements are the skills, abilities and behaviors we believe are imperative to achieve success at CPChem, regardless of role. Every part of our organization is shaped by the performance of our people. We employ Leadership Elements in all career journeys to objectively identify, develop and leverage skills, abilities and behaviors that strengthen our people and organization.
Seven Elements of CPChem’s Culture Evolution
Creating a rewarding and fulfilling work environment is a top priority for CPChem, and one that allows us to live out our tagline, Performance by design. Caring by choice.™ Since our Culture Evolution program launched in 2021, CPChem has integrated seven culture elements into all areas of its business. The seven elements of the Culture Evolution program equip our employees with tools to flourish in their roles and champion the behaviors on which the foundation of CPChem’s culture is built. We believe that demonstrating the behaviors of accountability, innovation, meaningful feedback, trust, transparency and career development is paramount for CPChem employees to succeed.
2023 Global Employee Engagement Survey
Employee feedback is essential for continuous improvement and helps to chart our progress in culture evolution and talent management. Administered by a third-party human resource consulting firm, CPChem conducted an enterprise-wide employee engagement survey in 2023. The survey asked employees to consider elements like job satisfaction, employee culture, workload and more in their responses.
Within the comprehensive feedback from employees, we recorded a Sustainable Engagement score of 85%. This score aims to measure how connected employees feel to the company, support for productivity and overall well-being.
Survey results also indicate that CPChem remains an industry leader in employee engagement. We greatly appreciate our employees for their honest feedback, which allows CPChem to bolster its competitive edge as well as attract and retain a diverse and dynamic workforce.