STOCK TITAN

The Strategy Behind The Clorox Company's Reimagined Workforce

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary
The Clorox Company reported an 82% teammate engagement score, introduced new tools and technologies for collaboration, and achieved pay equity for nonproduction teammates. They also implemented a streamlined operating model to enhance their ability to respond to changing consumer behaviors and increase future cash flow.
Positive
  • None.
Negative
  • None.

NORTHAMPTON, MA / ACCESSWIRE / January 23, 2024 / Our culture evolves by galvanizing people through an inclusive workplace, simplifying operations and leveraging technology for growth. We thoughtfully invested in digital resources to make work faster and leaner, while placing our people at the center of our experiences. Strengthened by an unwavering commitment to inclusion, diversity, equity and allyship, we're driving agility, efficiency and impact that aligns with financial goals.

FY23 HIGHLIGHTS

  • Executed our ongoing listening strategy as part of a continuous improvement mindset to gauge teammates' perceptions of Clorox as a place to work. In fiscal year 2023, our teammate engagement score was again 82%, in line with the 50th percentile for Fortune 500 benchmarks and above the 50th percentile for industry benchmarks.
  • Continued to introduce and strengthen new ways of working that build upon our hybrid work experience. We also introduced new tools and technologies that allow teammates to collaborate more effectively, work smarter and make faster, more informed decisions.
  • Achieved pay equity for nonproduction teammates for gender globally and race and ethnicity in the U.S.*
  • Offered seven mentoring programs to develop our talent - enrolling 973 teammates - for general and more specialized audiences, including a group program designed for our women's employee resource group members.
  • Reported a 0.55 recordable incident rate, which is significantly lower than the average for goods-producing manufacturing companies. To ensure all production teammates are trained consistently and comprehensively, our Global Safety and Environmental team expanded its monthly education program into four languages within the continental U.S.

* There are no statistically significant differences (at a confidence level of 95%) in pay by gender globally and race/ethnicity in the U.S., accounting for relevant factors such as grade level, location and experience.

A STREAMLINED OPERATING MODEL
This year we began implementation of a streamlined operating model to create a faster, leaner, consumer-obsessed company designed to enhance our ability to respond more quickly to changing consumer behaviors, innovate faster and increase future cash flow as a result of cost savings. This helps create a business unit-led culture that drives growth through our powerful brands, further embeds ESG into our operations, modernizes our capabilities, and empowers our people for better teammate experiences and ultimately superior business outcomes.

View the full 2023 Annual Report.

View additional multimedia and more ESG storytelling from The Clorox Company on 3blmedia.com.

Contact Info:
Spokesperson: The Clorox Company
Website: https://www.3blmedia.com/profiles/clorox-company
Email: info@3blmedia.com

SOURCE: The Clorox Company



View the original press release on accesswire.com

FAQ

What was The Clorox Company's teammate engagement score for fiscal year 2023?

The teammate engagement score for fiscal year 2023 was 82%.

What did The Clorox Company achieve for nonproduction teammates in terms of pay equity?

The Clorox Company achieved pay equity for nonproduction teammates for gender globally and race and ethnicity in the U.S.

What new initiatives did The Clorox Company introduce for collaboration?

The Clorox Company introduced new tools and technologies that allow teammates to collaborate more effectively, work smarter, and make faster, more informed decisions.

What operating model did The Clorox Company implement to enhance their business?

The Clorox Company implemented a streamlined operating model to create a faster, leaner, consumer-obsessed company designed to enhance their ability to respond more quickly to changing consumer behaviors, innovate faster, and increase future cash flow.

Where can I view The Clorox Company's full 2023 Annual Report?

You can view The Clorox Company's full 2023 Annual Report on their website.

Clorox Company

NYSE:CLX

CLX Rankings

CLX Latest News

CLX Stock Data

20.73B
123.78M
0.18%
83.2%
2.62%
Household & Personal Products
Specialty Cleaning, Polishing and Sanitation Preparations
Link
United States of America
OAKLAND