Recruitment, Development and Retention for International Paper Employees - Seite 2

In 2022, with an eye on succession planning, we relaunched our global training programs to develop new leaders across the company. Our International Paper LEAD program equips new and experienced first- and second-level leaders with the skills to build an engaged team, develop employees' skills and enable an inclusive culture.

Another program, our Leadership Institute, encompasses multi-day immersive experiential workshops that build management skills and leadership capacity through skills development, assessment, feedback and coaching. In 2022, we added to the Institute's course offering with a multitude of new online courses.

In addition, our diversity-focused leadership development programs have proven to be highly effective. Among them: our EMEA Women's Mentoring Program and SAIL (Shaping Allies and Inclusion Leaders).

Spotlight:

The MyLearning Platform
IP's MyLearning platform offers employees on-demand online courses, from new-hire orientation and onboarding to essential skills that improve the way employees think and work together. Last year, 3,245 new e-courses were created and 3.4 million courses were completed by employees, including learning activities to develop technical skills and essential leadership and interpersonal skills.

Retaining talent

Over the past few years, keeping talented employees has been a challenge for all companies. So we've doubled down on our retention efforts, providing not only competitive compensation and benefit offerings, but also continual engagement.

Our highly competitive compensation and benefits package is designed to attract, engage and retain a skilled workforce by rewarding superior performance. As part of our continual evaluation and enrichment of these programs, in 2022 we added benefits for part-time employees and we extended the company's annual incentive plan available to entry-level employees.

A key component of retention is employee engagement. We believe that everyone - employees, managers and senior leaders - plays a role in creating a culture that values mutual respect, active listening, open communication and contributions from all. We engage employees by:

• Enabling them to pursue purpose and meaning by understanding how their strengths fit into the company's mission and vision
• Sustaining a workplace culture that facilitates efficiency, teamwork and innovation
• Cultivating a sense of pride and commitment through meaningful experiences that are safe, open and trusting and that contribute to personal and professional growth and development

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