Businesses need to think beyond just attracting new talent and focus on placing employees at the center of their career journeys, according to Lio Smolders of KPMG in Belgium and Karin Van Roy of Arvesta.
For more than three decades, companies have been working on so-called Environmental, Social & Governance (ESG) criteria, but rarely have they been as relevant as they are today. In addition to climate change, increased expectations from employees and consumers are compelling companies to look beyond the mere financial gains. Lio Smolders, Senior Advisor People & Change at KPMG in Belgium, assists them in navigating this evolving market. “If you look at a company's role as an employer, for example, there is now more emphasis on the social responsibility to take care of their employees. That social aspect of the ESG criteria is translated into personnel policies.”
According to Smolders, companies in their well-being policies often concentrate too much on secondary elements, such as a ping-pong table or a fruit basket in the office. However, they tend to overlook aspects like psychological safety, continuous learning or clearly communicating to employees how their work truly makes an impact.
A clear mission and vision play an important role, adds Karin Van Roy, CHRO of Arvesta. “We are a true people-centric business, with over 2,000 experts in the field who help farmers and horticulturists with advice and solutions. In recent years, we have focused our communication more on how we contribute to the agriculture of the future. This approached allowed us to inspire people both externally and internally. I’ve heard from so many people that they didn’t know we do so many great things, and that they are proud to work for Arvesta.”