At ARC, our strong track record of success has been built on our core belief that outstanding people, combined with a great corporate culture, create a winning environment. Our corporate culture is built on a foundation of mutual respect, regard for individuality and a healthy work-life balance. Every position is seen as important and we have developed a workplace environment that values the contribution of each employee. We offer the advantages of a growing company while striving to maintain a small company feel.
Our People Strategy
Our Commitment to Employees
ARC operates in a competitive marketplace for the best employees with a wide range of talents. Our desire is to attract and retain the best and brightest people in our industry. To achieve this goal we have firm commitments to our employees. We will:
Strength of the Workplace Employee Engagement Survey
• Value all employees and treat people with dignity, respect, and fairness • Provide equal opportunity in all aspects of employment • Offer a competitive compensation package that rewards individual contribution and shares in the company’s success • Encourage continuous personal and career growth
Ensuring Ethical Conduct ARC is committed to ensuring ethical conduct and behavior of its employees and contractors. Our Code of Business Conduct and Ethics is the foundation upon which all ARC employees operate. It reflects our commitment to a culture of honesty, integrity, respect and accountability and outlines the basic principles and policies with which all employees are expected to comply. The Code addresses such issues as equal opportunity, harassment, conflict of interest, confidentiality, compliance, corruption and bribery, among others. The Code was reviewed and updated by the Policy and Governance Committee in 2009. Employees are required to annually sign off their review and commitment to upholding the Code. A hotline is available for employees to confidentially lodge any concerns about potential breaches of the Code. In 2008 and 2009 there were no reported breaches of the Code of Business Conduct and Ethics.
ARC’s people strategy is based on the guiding principle that all levels of management are responsible for attracting, retaining and developing our talent. To assist with this strategy, our Human Resources Department develops progressive initiatives and programs to ensure that our people practices are aligned to both employee and business needs.
Our Performance Since 2004, ARC has conducted a mandatory company-wide employee survey using a tool designed to measure the strength of our workplace. ARC’s 2009 employee engagement score is 88 per cent, which is consistent with the results of 2008. This is an outstanding achievement given the challenging business environment that we experienced in 2009. Over the past three years, ARC’s Strength of the Workplace survey has demonstrated that we have maintained the core elements of our culture during a time of significant growth for the organization.
Flexible Work Environment & Culture At ARC we believe that our employees deliver their best when they lead a well-balanced work and home life. To support this goal, ARC offers the following programs: • Computer purchase program • Education programs and regular lunch-and-learn seminars • Employee directed wellness initiative • Competitive vacation and flex days • Flexibility in work schedules to meet business and employee’s needs. • Business casual attire • Social events
Talent Attraction Strategic Workforce Planning Beginning in 2008, ARC has developed a formalized approach to forecast future talent requirements. Ensuring that we have the right people, in the right roles, at the right time is imperative to the success of executing ARC’s long-term business strategy. The Workforce Plan helps to identify key recruitment needs and allows us to proactively source for specific expertise.
Our Corporate Responsibility
ARC ENERGY TRUST
ARC Resources Ltd. Corporate Responsibility Report 2010