Moog Proxy - FY2022 - Host - Flipbook - Page 46
Human Capital Management
The Company’s culture and values, along with its approximately 14,000 employees across over 20 countries, are the most
valuable assets of the Company. In order to ensure we live our values and our culture stays purposeful and strong, our Board
and executive team put significant focus on nurturing and managing human capital. The Company’s sustainable human capital
strategy emphasizes on the following:
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Employee recruitment
Diversity, equity and inclusion
Compensation programs and employee benefits that reflect competitive pay and equity
Physical and emotional well-being
Employee engagement and retention
Leadership development and training
Learning and professional development
Succession planning
Generous flexible working arrangements
Employee stock ownership
We have taken deliberate steps to create a diverse, equitable and inclusive work environment for all. We have sought to achieve
this through awareness, education, talent acquisition, retention and development practices. In fiscal 2021, the Company created
a Diversity, Equity, and Inclusion ("DE&I") function as a commitment to progress our journey of creating a more respectful,
diverse, equitable and inclusive environment. To help achieve our goals in DE&I, as well as in CSER, the Company created the
role of Program Manager, Diversity Equity and Inclusion to create, implement and monitor key programs. Part of our DE&I
initiative has included creating employee resource groups to support employees of color, women and gender equality. These
Company-sponsored, employee-led groups are open to all employees and are designed to support professional development;
develop programs that lead to broader understanding; represent the Company in our community; and help us attract and hire
qualified, diverse talent.
For more information on our human capital objectives, please refer to the Company’s Annual Report on Form 10-K for the fiscal
year ended October 1, 2022.
Ethics
We believe our corporate governance policies and practices promotes transparency, accountability and security. The Company is
dedicated to fostering conduct by all employees that is consistent with the letter and in the spirit of the many laws and standards
that apply to our business. Ethics are deeply embedded in our values and business processes. The Company regularly reenforces our commitment to ethics and integrity in employee communications, in our everyday actions and in processes and
controls. As a part of our on-going efforts to ensure our employees conduct business with ethics and integrity embraces our
stated values, the Company has compliance training programs in multiple languages. The Company also maintains two business
code of conduct related hotlines, through which individuals can anonymously raise concerns they have about business behavior
they do not feel comfortable discussing directly with business operations managers or human resources personnel. The
Company's business ethics hotline is administered by internal company counsel designated as the Company's business ethics
advocate. In addition, we maintain a separate hotline for cases where an employee believes that the Company's financial
statements are materially misstated as a result of intentional acts or material weaknesses in the systems of internal control. This
hotline is administered by the Secretary of the Company.
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