SOCIAL AND EMPLOYEE CONDITIONS

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We strive for the growth of our employees and for creating a work environment where flexibility, development, and safety are at the forefront. We want to give not only our employees but also our distributors and customers the best possible opportunities for upskilling.
We value a high-performance culture; hence, inspiring leadership and motivation are key drivers to ensure our employees grow and strive in their positions. This is done by setting clear individual targets and identifying professional goals for each of our employees.
Diversity, inclusion, and well-being at work are a high priority and it is important for FOM Technologies that a good working environment is an integrated part of our business.

Impact, risks, and opportunities related to social and employee conditions

At FOM Technologies, our employees are our biggest assets and hence, attracting and retaining talent is both a risk and an opportunity for us as a company.
As the global talent pool of highly skilled people within slot-die coating is limited, we realize that the competition for attracting specialized talent goes beyond the Danish borders. Therefore, we need to ensure that our work environment caters to international candidates and that inclusion is an integral part of our business.
We see a great opportunity in combining SDGs 4 and 8 in order to ensure upskilling of internal and external workforces in combination with ensuring health and safety in product use. We do this by educating ourselves as well as our customers in slot-die coating technology and the use of our products in relation to both research and upscaling of the technology in use.
We see it as imperative that there is a sense of structure and safety throughout our value chain.

Establishing the structure for growth

In less than four years, we have grown from 3 to 17 full-time employees. This has forced us to structure our HR processes by formalizing an internal Staff Handbook to ensure transparency and communication of company policies to all employees. The main focus for 2022 has been on implementing and further developing the employee handbook introduced in 2021.
To ensure that we can retain our talent, we conduct employee satisfaction surveys and Appraisal and Development Interviews with all employees to discuss the results of the survey and how to potentially improve the score.

Diversity and inclusion to create better results

At FOM Technologies, we believe that a diversified team creates better results. We recognize that everyone holds personal bias, intentional or unintentional. We, therefore, work consciously with identifying these on a management level to ensure that we hire the right people.
At FOM Technologies, we focus on the following 3 areas to support and enhance equal opportunities, diversity, and non-discrimination.
  • Diverse workforce: Experience, education, nationality, age, background, and gender are considered important parts of the diversity foundation for an engaging environment as well as in delivering business results.
  • Equal opportunities: We strive to create a work environment that provides employees with equal development, career opportunities, and pay. We work to address biases in our recruiting and efforts to secure equal opportunities.
  • Personal leadership style: We encourage and promote unique leadership styles to create the best possible engagement amongst our employees.

Flexibility to ensure inclusivity

FOM Technologies recognizes that priorities and ambition levels develop over time, and we find it very important to support the needs and interests of our employees in their various stages of life. We offer possibilities of reduced working hours, as well as changes to the work schedule. We also have a senior policy for employees from the age of 60 and above offering the possibility of entering into individual senior agreements as an alternative to early retirement.

Developing our employees

We see the continuous development of competencies as essential to meeting business requirements and challenges and remaining competitive both now and in the future. We believe it is the individual's responsibility to continually develop themselves and the company’s responsibility to ensure that opportunities for development are present and available.
Training programs and results are evaluated at a minimum of once a year at an Appraisal and Development Interview (ADI). Moreover, FOM Technologies supports further relevant education and training of all employees. It is possible for all employees within the company to apply for financial support or allocation of work time for relevant courses and training.
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