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PEOPLE

REVIEW Despite the continued difficult markets, we are investing in our digital transformation and taking positions to keep the company strong in the future.

Investment in digital transformation

Declining employee engagement

The new business area Digital Solutions was established on 1 January 2018. 60% of our investment in technology and research is in our company’s digital transformation, building competence, services and infrastructure to launch our new industry data platform Veracity. A new global HR system was launched, supporting people analytics capabilities and improved efficiency.

We still have a 90% response rate to our people engagement survey, but the downsizing has continued to have a negative impact on employee engagement. The results remain broadly comparable with those of other companies undergoing similarly difficult organizational changes. The engagement score is now 71% and has dropped below the Global Norm of the Korn Ferry Hay Group.

Engaging employees in the strategy

Characteristics of our employees

To engage employees in our strategy and provide feedback to leadership, a Strategy Champions initiative was launched. Almost 100 strategy champions from all business areas and more than 20 countries were selected and executed three strategy-related ‘missions’ which reached 30% of employees.

The following tables provide detailed information on categories, types, ages, genders, regions, new hires, payments and benefits for our employees and other workers.

EMPLOYEES’ ENGAGEMENT AND ENABLEMENT

FIGURE 03

Downsizing

Engagement

We have continued to reduce costs but have also had to rightsize the organization in line with the lower level of activity in several of our markets. We are now 3,000 fewer colleagues than we were three years ago. When headcount reductions have been necessary, it has been emphasized that these processes are to be handled in line with our values and principles, as well as local legislation.

Enablement

68%

69%

DNV GL

FIGURE 04

70%

71%

General industries norm

72%

EMPLOYEES BY NATIONALITY

Norwegian

1,798

Italian

402

Malaysian

154

German

1,487

South Korean

331

French

154

American

1,408

Spanish

289

Japanese

137

British

1,000

Brazilian

255

Greek

136

Chinese

884

Danish

235

Canadian

114

Dutch

779

Singaporean

220

Egyptian

112

Indian

645

Swedish

167

Australian

111

Polish

578

Mexican

100

Nationalities > 100 shown in table Nationalities > 500 shown in pie chart

ANNUAL REPORT 2017

74%

High-performing companies norm

NORWEGIAN

GERMAN

POLISH

INDIAN

AMERICAN

DUTCH

BRITISH CHINESE

68

73%

DNV GL Annual Report 2017  

The annual report provides a review of DNV GL’s business and its financial and sustainability performance. Read more on https://annualreport...

DNV GL Annual Report 2017  

The annual report provides a review of DNV GL’s business and its financial and sustainability performance. Read more on https://annualreport...