Employees will become shareholders with the new Prysmian Group project

Dedicated to employee satisfaction and fostering wellbeing-oriented workplace equality, diversity, and inclusion, Prysmian Group is rolling out this new plan across MEAT Region and rewarding employees based on their performance at the end of the year.

As a world leader in energy and telecommunications cables, Prysmian Group recently added another employee satisfaction program to its program portfolio. The company announced an employee based profit sharing plan for the MEAT Region to foster a sense of belonging and employee satisfaction by offering shares to employees in line with achieving the 2022 year-end targets.

Prysmian Group Prysmian Group, which offers approximately 30,000 employees worldwide the opportunity to own long-term stocks via the “YES - Your Employee Shares - Equity Plan for Employees” is launching a new initiative to once again share its earnings with its employees.

“We have full faith in our employees”

Cinzia Farisè, Prysmian Group MEAT CEO believes it is important to understand the needs of every employee and support them in adopting company goals: “The launch of our people-centric, profit-sharing plan comes in recognition of our employee’s commitment to Prysmian Group and its culture, as we find new ways to reward our most integral asset through corporate diversity and inclusive value creation. We are confident that, by ensuring the involvement of all calibers in incentive-based initiatives, we can sustain innovation and safeguard the interests of all stakeholders, from employees to shareholders."

"Our top priority is employee loyalty and trust"

Türk Prysmian Kablo CEO Ülkü Özcan explained the privileges, advanced working conditions and fringe benefits the company offers its employees in Turkey, citing the power of the Prysmian Group: “Even though the recent economic developments around the world and in Turkey have posed challenges to many sectors, Prysmian Group remains committed to maintaining employee loyalty and trust. Having our group's support, Türk Prysmian Kablo will maintain a high level of employee satisfaction. The goal of this project is to support our blue and white collar workers in the face of high inflation and to raise their living standards. As a company, we value the high performance of all our employees, white collar and blue collar, in the challenging year we have left behind, and we recognize that it is our employees who help us grow. As a global leader in the cable industry, we have always had confidence in our operations and employees in Turkey.

Strong focus on diversity and inclusion

By continuously promoting employee satisfaction, Prysmian Group aims to create a working environment that values and respects all white and blue collar employees, and emphasizes diversity and inclusion. Therefore, the company strives to create a productive, collaborative, and inclusive workplace culture within its factories and offices, and understands that this culture is essential to a sustainable working environment, where everyone understand how important this culture is to sustainability.

Another project being implemented by Prysmian Group under the scope of sustainable work environment studies, the STEM IT promotes women employment and raising awareness in informatics and technology fields. A goal of the STEM IT program is to provide technical and scientific roles for women employees who want to pursue careers in science and technology, and to recruit more than 500 women by 2030.