EMPIRE STATE REALTY TRUST: 2021 SUSTAINABILITY REPORT
PROFESSIONAL DEVELOPMENT & TRAINING We are fully committed to invest in the professional development of our people. Our dynamic learning programs allow employees to grow professionally and personally, and strengthen their interactions with colleagues and clients. We aim to foster a learning and development culture which allows employees to bring their whole selves to work. Some of our programs are listed below:
We have reimagined our new hire onboarding program to include more developmental conversations and increased feedback from new hires to ensure we are providing a best in class employment experience. Empire Academy continued to showcase our investment in learning programs, resources, and tools to elevate performance and achieve our goals. This year our Empire Academy program provided monthly educational seminars for employees to enhance their understanding on a variety of topics such as:
Enhanced New-Hire Onboarding Program
Empire Academy:
• Meet the Board series • Meet the Executive series • Sustainability initiatives • Financial Wellness
• NYPD - How to stay safe and secure while commuting • Salesforce and Tableau • Cyber Security
• Insider Trading • Alteryx
• Talent Acquisition: How We Attract and Onboard Talent
To encourage and support our employees in their growth to success, the company considers tuition assistance for those taking courses related to their current position. Employees who have one year of experience with us may request a tuition reimbursement to be approved by their manager. We value the feedback of our employees in the development of our strategies and thus administer an annual performance appraisal process in Q4, complementing a mid-year review in June. In 2021, we added a 360-feedback component, which allows employees to gain feedback from their manager, direct reports, and peers of their choice to further employee growth and development. Our Human Resources team regularly engages with managers to discuss employee growth paths, development opportunities and succession planning. We utilize a talent management tool bi-annually to actively assess talent potential and performance. To further our commitment to diversity, equity, and inclusion (DE&I) in the workplace, beginning in 2021 we held two company-wide DE&I trainings, which were conducted by an external consultant and will continue to be part of our DE&I strategy. Our Board has adopted a Code of Business Conduct and Ethics, which applies to our directors, officers, and employees and is reviewed and overseen by our Nominating and Corporate Governance Committee. We train our employees on the Code annually and provide additional compliance training on key topics on a rotational basis, including insider trading, anti-harassment and discrimination, and cybersecurity. All employees are required annually to reaffirm their compliance with the Code. Employees are encouraged to speak up about misconduct and required to report suspected or known Code violations. The Code prohibits retaliation against anyone who raises any issue or concern in good faith. Any waiver of the Code for our directors or executive officers may be made only by our Board or one of our Board committees.
Tuition Assistance Program
Employee Performance Review
Talent Development
DE&I Training
Ethics
MANDATORY TRAININGS All employees must complete mandatory training annually, including without limitation: • Sexual Harassment • Insider Trading • Bribery & Corruption • Cybersecurity
• Employee Manual Recertification • Inclusion
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