Bringing People Together
For a Better World
Ownership and Performance
As of year-end 2014, of our full-time employees, approximately 17% were female and 83% male. The average employee was approximately 36. The average length of service was approximately nine years. About 58% of employees worked in blue-collar jobs, while 42% worked in white-collar jobs. About 47% of our employee population is covered under a collective bargaining/union agreement. Our turnover rate for 2014 was 10.3%.
One thing all of our colleagues have in common is focus, talent and passion for raising the bar every day. We have an ownership culture that is based on the principle that we are all responsible and accountable for results. Our people dream big, aim high and challenge themselves, enabling us to improve productivity and continue to invest in our business, which in turn ultimately strengthens our social responsibility initiatives.
We support this culture with performance targets and a compensation model that reinforces that same accountability. We set stretch — but achievable — targets, and we ensure that all team members understand their roles in meeting those targets. Incentive programs give senior leaders and other top performers the opportunity to reinvest their bonus in our shares, with a company match. But this ownership culture goes beyond owning shares — it is about owning responsibility for our commitments to consumers, for the creation of shareholder value and for delivering on our dream.
It is an approach that attracts motivated people who relish a challenge and who thrive in a merit-based environment. We believe that when people are encouraged to do their best work, every person within our organization can succeed.
Labatt Breweries of Canada
Labatt Breweries of Canada was recognized as one of Canada's Top 100 Employers for the second consecutive year.