Our employees are the basis of our economic success. ProSiebenSat.1 thrives on the creativity and the fast pace of innovation of its employees. Digitalization is changing the media sector faster than other industries. For this reason, our corporate culture is characterized by constant willingness to change. Part of our philosophy as an employer is to create personnel-related conditions that support this process and serve the individual interests of our employees. With an attractive overall offer, which besides market-based remuneration also includes additional benefits, individual development opportunities and a good working environment, we want to acquire and retain committed and qualified employees for ProSiebenSat.1 and motivate them to deliver their best performance. [GRI 103-1, GRI 103-2]
Managers who have an entrepreneurial spirit and encourage their employees to be innovative are also important for the Group’s development. To this end, new measures and concepts, such as leadership development, talent management or employer branding, are presented on a regular basis in “HR Sounding Boards”. The results are submitted to the Executive Board member responsible for Human Resources at ProSiebenSat.1 for decision-making and presented to the Executive Board as a whole before being implemented. ProSiebenSat.1’s Human Resources are under the responsibility of the Chief Human Resources Officer, who reports directly to the Executive Board. In some cases, there are independent departments for the individual fields of recruiting and employer branding, talent management, work-life offerings and diversity management. [GRI 103-1, GRI 103-2]
Employee stock option plan
In order to promote the shareholder culture within ProSiebenSat.1 Group and strengthen employees’ identification with the Company, a share-based incentive system was developed by the Company in June 2016 (“MyShares”). In addition to their own investment in ProSiebenSat.1 shares, employees who take part in this system also participate in a tax-free subsidy in the form of subsidized investment shares and a long-term matching component. Over 2,000 employees, corresponding to 45% of all eligible employees, participated in the two MyShares tranches issued to date in 2016 and 2017. As of December 31, 2017, they held a total of 78,348 shares.