TEXTRON – 2018 CORPORATE RESPONSIBILITY REPORT Our Commitment to Our People – Career Development, Engagement, & Diversity

Career Development

Textron is focused on developing employees throughout the enterprise so we have the right people in the right jobs at the right time; this is a key aspect of our talent strategy. When positions become available, we want our employees to be prepared to take on new opportunities and continue to challenge themselves.

Our talent development programs are tailored for employees at each stage of their careers and include a mix of enterprise-wide and business unit-specific programs.

  • Entry Level Programs
    • The Textron Leadership Development Program offers roughly 250 participants a year across all functions an opportunity to take rotational assignments at two or more of our businesses over a two-year period.
    • Rotational programs within some of our business units allow early career professionals exposure within functional areas such as engineering, integrated supply chain, sales and human resources.
  • Mid-Career Programs – our business units offer various programs designed for experienced professionals to broaden their skillsets, from functional development to curricula designed to transition individual contributors into leadership roles.
  • Leadership Programs – Textron offers formal training for leaders, with programs customized for first time managers, managers of managers, directors and vice-presidents.

Alongside on-the-job training, a wide variety of skills-based training is also offered to our employees by Textron University, an internal corporate resource which provides facilitated classroom professional and leadership development programs and an online portal to take web-based courses, register for classroom programs, access advanced skills technical training and manage recertification of existing qualifications.

In addition, Textron’s Education Assistance Program reimburses employees for expenses from approved degree or certification programs from institutions accredited by the U.S. Department of Education. Expenses eligible for reimbursement (up to an annual limit) include costs for tuition, books, registration fees, laboratory, College Equivalency Programs and administrative fees.

Textron has a formal annual talent review process in which the current and future talent needs of each business are assessed. Paired with ongoing workforce planning, this process enables our talented employees to be challenged with new and different assignments as our businesses grow and evolve. In addition, leaders from our functional areas within each business belong to enterprise-wide councils which conduct annual talent reviews. In this way, employees who are ready to assume significant leadership roles can be matched to opportunities that best fit their career path, which may be in other businesses within the enterprise.

2018 CAREER DEVELOPMENT AT TEXTRON AT A GLANCE

1,630 employees utilized tuition reimbursement via the Education Assistance Program

$7.9 million reimbursed to employees via the Education Assistance Program

18,373 employees participated in company-provided professional, technical or leadership development instructor-led classes

43,553 classroom completions of company-provided technical (job or functional) and/or professional training

More than 100,000 online professional and technical development courses completed by employees
 

Employee Engagement

Our businesses periodically conduct surveys to gather insight about our employees’ perceptions of job satisfaction, leadership, compensation and benefits, training, career development opportunities and workplace culture.

In 2018, over 6,000 employees from Kautex, Textron Corporate and Textron Systems participated in employee engagement surveys. Based on the results, leadership established committees to address identified issues and to drive initiatives to meet the needs of our employees.
 


Diversity and Inclusion

Textron is committed to having a diverse workforce and inclusive workplaces throughout our global operations. We understand the importance of diversity - that it enhances our company, stimulates innovation and creativity and provides opportunities for our growth and advancement. We believe by employing highly talented, diverse employees, who have a variety of perspectives, cultures and experiences, we will drive talent retention, improved performance and collaboration, all of which contribute to stronger business results. Maintaining inclusive workplaces where employees feel valued, respected and able to contribute fully is central to how we do business and critical to our success.

As a matter of practice, our internal recruiters encourage hiring managers to consider diverse job candidates by ensuring that applicant lists include highly qualified diverse candidates. We also provide inclusion and unconscious bias training to our human resources professionals and business leaders to improve diversity in recruiting.
 

Diversity Statistics

 
*Diverse employees are defined as women and people of color.

TEXTRON – A 2020 WOMEN ON BOARDS WINNING “W” COMPANY

Textron was named a Winning “W” Company by 2020 Women on Boards (2020WOB) in recognition of having at least 20% of its board of directors being comprised of women in 2018. 2020WOB is a global education and advocacy campaign committed to building public awareness and momentum toward achieving at least 20% of all public company board seats to be held by women by the year 2020, the milestone 100th anniversary of the 19th Amendment, women’s right to vote.

TEXTRON RANKS 179th ON FORBES’ AMERICA’S BEST EMPLOYERS FOR WOMEN

Each year, Forbes publishes the list of America’s Best Employers for Women. Companies are chosen based on an independent survey from a sample of 60,000 U.S. employees working for companies employing at least 1,000 people in their U.S. operations. Textron is proud to be recognized with a rank of 179th on the 2019 list.

 

 

MILITARY VETERANS

Textron’s defense businesses deliver products and systems that are used every day by the men and women of the military to complete their missions effectively and safely. We understand and appreciate the unmatched experience, skills and perspective from our employees who formerly served in the U.S. Armed Forces.

Textron is a member of the Veteran Jobs Mission, a coalition of over 200 companies committed to hiring veterans. As of the end of 2018, Textron employed 3,990 veterans and actively recruits former military candidates

2018 U.S. Military Veterans: Defense Business Segments

Bell: 22.3% of U.S. employees

Textron Systems: 22.7% of U.S. employees

 

 

INDIVIDUALS WITH DISABILITIES

As an equal opportunity employer, Textron is committed to a diverse workforce and a barrier-free employment process.  Textron is committed to providing workplace accommodations, making all of its workplaces accessible to individuals of all abilities.  We consider each request for accommodation on a case-by-case basis and are committed to ensuring that all applicants and employees are provided with reasonable accommodations necessary to apply for and perform the essential functions of their jobs.