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The insurance industry is developing at a fast speed and is facing changes such as digitalization and changing customer needs.
Companies and their employees need to stay on top of these changes. There is a need for competent employees and good leadership.
The competition for top talent is hard, and finding the right people is crucial for companies operating in a knowledge-intensive business like the financial industry. The possibility to develop and learn enhances motivation, increases loyalty, and helps in attracting and retaining top talent.
As employers, Sampo Group companies want their personnel to be able to develop to their full potential. If people do not feel that they can develop, their motivation might drop, and the company could face a risk of losing crucial intellectual capital. Fair and rewarding remuneration for all employees is an important factor in Sampo Group’s ability to enhance shareholder value in a competitive business environment, but it is an equally important determinant of success in the competition for talent.
Further information can be found in the Corporate Responsibility Report (page 50).