FY2021 10-K Document - FINAL 11 15 21 - Flipbook - Page 7
Table of Contents
In response to employee feedback and in acknowledgment of the changing landscape brought about by the global
pandemic, Moog has been piloting a variety of flexible working arrangements, including remote work and hybrid
working schedules. We are implementing these changes in a way that allows our employees to collaborate and
innovate in the Moog Way that has made us so successful to date.
We see our positive employee engagement coming through in high levels of employee retention. For the last four
years, the average of voluntary attrition has been just below 5% of our workforce. That is a competitive attrition figure
and a testament to Moog being a great place to work.
Leadership Development and Training
At Moog, we believe that the best leaders are the ones who come from within. These leaders learn with us, grow with
us, and reach their potential through challenging job experiences we provide and deliberate learning experiences.
Moog has carefully designed two leadership development programs to improve the effectiveness of our managers.
Our Moog Leadership Program is a two-year program designed to expand, develop, support, and sustain high
potential leadership throughout the Company. This program accelerates the growth and development of our high
potential employees and prepares them for future senior-level roles within the organization. Our Emerging Leadership
Program is a nine-month global, cross-group leadership development program. The goal of this program is to
accelerate the development of a pool of global, cross-group top talent in order to help meet the demand for important
leadership roles throughout our Company. Finally, our leading and coaching people program, which is open to people
managers at Moog, is a two-day course and provides the foundational framework for engaging, empowering, and
coaching employees for optimal performance.
In addition to our leadership development programs, Moog has many other valuable training resources available for
employees in order to ensure our people have everything they need to succeed both personally and professionally.
Moog facilitates these training opportunities and programs through state-of-the-art learning management systems.
Our employees are encouraged to take responsibility for their own development and create learning plans that fit their
needs and development goals best.
Succession Planning
Each year Moog conducts an extensive talent review across our global enterprise that includes, among other
important topics, a review of succession plans for many of our roles. To ensure the long-term continuity of our
business, we actively manage the development of talent to fill the roles that are most critical to the on-going success
of our Company.
Corporate Social and Environmental Responsibility
Our values, rooted in trust, integrity, and collaboration, lay the foundation for Moog's commitment to corporate social
and environmental responsibility. As a company, we believe that to be truly successful, we must do our part to improve
the world for current and future generations. At Moog, we are committed to:
•
•
•
Protecting our planet by minimizing our environmental impact.
Striving to contribute our time, talent, and resources to strengthen the communities where we do business.
Engaging in ethical practices.
We're all in this together - when our local and global communities succeed, we succeed. Moog and its employees live
this mantra with countless initiatives focused on supporting our communities both financially and with employee time.
Some recent examples of Moog’s “responsibility in action” include:
•
•
•
•
Our Moog team in India sponsored 300 cataract surgeries through Nayonika Eye Care Charitable Trust.
Our Wolverhampton, United Kingdom ("UK") site has transitioned 90% of its electric lighting to LED bulbs; in
doing so, the site will save over 13,000 kWh each year.
Our U.S. and UK organizations piloted a “direct giving program” that allows our employees to contribute funds
and volunteer time to local charities that are meaningful to them.
A group of our employees in Torrance, California donated their time to crochet hats and other items for
nonprofits like the American Heart Association's "Little Hats, Big Hearts" program.
7