2023 Sustainability Report
INTRODUCTION OUR CLIENTS OUR PLANET OUR PEOPLE AND COMMUNITIES OUR BUSINESS ACKNOWLEDGEMENTS ABOUT THIS REPORT APPENDICES
2023 SUSTAINABILITY REPORT | 51
Our Approach Diversity, Equity and Inclusion
Occupational Health and Safety Community Engagement
Stories of Progress
Talent Attraction, Retention and Development
PAY EQUITY AND GLOBAL JOB ARCHITECTURE Cushman & Wakefield is a strong proponent of pay equity, which is fundamental to our values. We believe our commitment to pay equity is an essential component of our commitment to attracting, retaining and developing a highly qualified, diverse and dedicated workforce. In 2022, we implemented a global job architecture that enables Cushman & Wakefield to support the ongoing career and skill development of our people. It provides a consistent framework for our firm’s job career levels and families, and compensation ranges to help ensure that we have the infrastructure to support global talent mobility and career progression across and among business units and functions. Our job architecture is reviewed on a regular basis, and ongoing updates will enable us to:
The deployment and success of the new strategy relies on our behaviors and our ability to hold ourselves accountable for our performance. Goal-setting, performance management, incentives, compensation, development and promotion will all be aligned with the strategy.
Performance Reviews in 2023
Executives
% Completed
100%
Managers
97.9%
Non-Managers
91.8%
Increase transparency
Total
Enhance people analytics and workforce planning capabilities
93.1%
Eligible
Completed
Cushman & Wakefield’s Experience per Square Foot TM (XSF) is a proprietary tool that provides insight into the engagement and experience of a company’s workforce. It offers precise, actionable, data-driven clarity into what brings people to the office, helps employers provide a great experience and enables employees to do their best work as healthy, engaged, productive and happy members of the workforce. XSF is able to measure the employee experience, uncover experience drivers, identify investment opportunities that have the largest impact, and help companies align resources with employee engagement and business goals. While XSF constitutes part of Cushman & Wakefield’s outward-facing thought leadership, it is also leveraged to measure well-being within our own offices and work environments.
Identify opportunities for action
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