Act reliably
Our Annual Report
At Vonovia, we recognize that our success is built on the strength and dedication of our employees. We cultivate a corporate culture that promotes continuous development of each individual and the fulfillment of their potential. This approach helps us retain exceptionally talented personnel, adequately reward excellent work and support an ideal work-life balance. Our culture is grounded in fundamental principles, such as respect and a positive outlook on diversity. We are committed to creating a future-oriented, attractive and safe working environment that provides the foundation for our joint success.
SPI target surpassed: Employee satisfaction increased by +1 percentage point to 79 % approval since the last survey in 2023
Introduction and further development of training and education opportunities at employee and management level (e.g., Female Leadership Forum, Leadership Coaching)
Training rate increased to 5.6 % in Germany – performance from previous year surpassed
New formats introduced to promote equal opportunities within the company - including the Vonovia Women's Network, the Female Leadership Forum and a planned (future) mentoring program
Successful recruitment of skilled workers from abroad continued – 65 colleagues already working in the areas of electrical installation and garden landscaping at various locations throughout Germany
Vonovia Academy expanded and scheduled opening of a new training and education center in Berlin for spring 2025 featuring an innovative learning environment for trainees
Social and additional benefits for employees improved, including inflation adjustment measures, income-based pay raises, options for employee shares as well as sports and psychological counseling opportunities
Increase in the proportion of women in management positions to 25.8 % - we are aiming for a target of 30 % by 2030
SPI target surpassed: Employee satisfaction increased by +1 percentage point to 79 % approval since the last survey in 2023
Successful recruitment of skilled workers from abroad continued – 65 colleagues already working in the areas of electrical installation and garden landscaping at various locations throughout Germany
Introduction and further development of training and education opportunities at employee and management level (e.g., Female Leadership Forum, Leadership Coaching)
Vonovia Academy expanded and scheduled opening of a new training and education center in Berlin for spring 2025 featuring an innovative learning environment for trainees
Training rate increased to 5.6 % in Germany – performance from previous year surpassed
Social and additional benefits for employees improved, including inflation adjustment measures, income-based pay raises, options for employee shares as well as sports and psychological counseling opportunities
New formats introduced to promote equal opportunities within the company - including the Vonovia Women's Network, the Female Leadership Forum and a planned (future) mentoring program
Increase in the proportion of women in management positions to 25.8 % - we are aiming for a target of 30 % by 2030
As major megatrends, we take the challenges presented by the shortage of skilled workers and demographic change seriously and take them into account in our employee management strategy. We are aware that an aging population and the competition for qualified skilled workers – particularly in our industry, where there is a focus on technical skills – present new challenges.
To address these, we are focusing on creating a working environment that attracts new skilled workers and retains existing talent in the long term. In addition to a robust human resources strategy, a key lever used to achieve this is employee satisfaction, which we assess once a year through surveys. This is a key indicator for our Sustainability Performance Index (SPI), which shows how sustainable and responsible we are as a company in our operations. Another important indicator (SPI) in this area of action is the percentage of women in management positions. By promoting women to the top two management levels below the Management Board, we are demonstrating our commitment to diversity within the company and thus also developing our innovative power and facilitating better decision-making from within.
These two performance indicators are therefore a key benchmark of our success and also link our performance as an employer to the remuneration received by our Management Board. By focusing on the satisfaction and involvement of our employees and diversity at our uppermost levels of management, we are positioning ourselves as an attractive employer and thus ensuring our company’s future viability.