Continental reclaims its spot on FORTUNE magazine’s “World’s Most Admired Companies” list for the third year in a row in 2019.
It retains its top-five ranking in the motor vehicle parts category.
The company is known for excelling in areas like quality of products and management, social responsibility, people management and innovation. It works tirelessly to create an environment that supports employees’ career goals, family commitments and personal growth, states Continental in a statement released by the company.
To maintain its position of repute in the world, Continental asserts that it’s especially focussed on employee engagement, product quality and innovation.
“Being named one of FORTUNE’s ‘Most Admired Companies’ year after year underscores the company’s commitment to making Continental an employer of choice in this continuously evolving working landscape,” says Samir Salman, CEO of Continental, North America. “We know that to deliver the most innovative solutions to our customers, we have to employ the best people. With intentional and consistent input solicited from our more than 240,000 employees around the world, Continental continues to expand upon its many work-life initiatives that support and nurture the needs of our diverse team.”
Continental’s Global Future Work Flexibility initiative provides employees with benefits such as telecommute days, flexible schedules and sabbaticals. The company has also added maternity and paternity benefits to the program. Employees at Continental are also given the opportunity to enhance their skillsets company-sponsored training opportunities, a tuition reimbursement program and opportunities to work across continents, divisions and teams.
Additionally, the company also believes in serving the communities in which its employees live, work and play.
“Over Continental’s more than 145-year history, we have constantly evolved our understanding of what it means to be a top employer for our team members,” says Rick Ledsinger, Senior Vice President of Human Relations for Continental, North America. “We believe and are committed to a holistic benefits approach that also includes supporting the communities we call ‘home’—and making it easy for our employees to do so as well. The impact our employees have, not only in our communities, but also on shaping the future of mobility, stems from our shared values and drive to make a meaningful difference in the world.”
The current honour is the latest of several accolades the company has won as an employer of choice. Most recently Continental was also named one of America’s 2019 Best Employers for Diversity by Forbes.