Annual Report 2022

Annual Report 2022


Employment (GRI 401)

Management approach employment

Geberit’s objective is to acquire and retain the right employees for the company. Geberit sees itself as an attractive employer with an open corporate culture that offers international development opportunities at the interface between the craft, engineering and marketing and sales sectors, see > Career > What we offer.

Working conditions, such as the maximum number of working hours, are governed in accordance with legal requirements on a country-specific basis and are complied with by Geberit. Employees enjoy attractive employment conditions and, in accordance with their qualifications, the majority of Geberit employees are paid well above the minimum wage range. In 2022, salaries and social benefits amounted to CHF 776 million (previous year CHF 812 million). The employees can also participate in share participation plans at attractive conditions, see Financials > Consolidated financial statements Geberit Group > Notes > Note 17 and Remuneration Report.

Employee fluctuation (GRI 401-1)

The average fluctuation rate (in terms of employees with permanent contracts, without natural departures and long-term leaves of absence) was 7.9% (previous year 7.6%). Including natural departures, it was 9.6% (previous year 9.2%). For key figures on fluctuation by age group, gender and region, see Key figures sustainability > Employees and society.

Benefits provided to full-time employees (GRI 401-2)

Geberit essentially grants the same benefits to full-time and part-time employees. However, employees with temporary contracts are not always entitled to the same benefits as permanent employees. For example, employees in Switzerland with temporary employment contracts of less than three months are not insured in the pension fund. Geberit bases its employee benefits on country-specific standards.

Parental leave (GRI 401-3)

Geberit implements the currently applicable legal framework conditions. It also attempts in individual cases to find solutions that are as suitable as possible for the affected person and their team.

100% of all permanently employed women are entitled to paid maternity leave, and 6.0% or 143 permanently employed women made use of this in 2022. Of these, around 62% women or 89 returned to Geberit following their parental leave.

99% of all permanently employed men are entitled to paid paternity leave, and 3.8% or 283 permanently employed men made use of this in 2022. Of these, around 95% men or 270 returned to Geberit following their parental leave.