Our Employees
Training and Development
Overview
Our success depends on a motivated and high-performing workforce, and we offer employees personal and professional growth opportunities at every level. Hasbro’s strategic brand blueprint is the roadmap we use for developing global talent.
All employees are required to learn company policies and procedures through our Hasbro Code of Conduct training program.
“As part of Hasbro's multi-year sponsorship of the MIT Media Lab, Hasbro worldwide employees have unlimited access to graduate students, faculty and over 130 research projects in the media arts and sciences. This kind of access, combined with the opportunity to network around the globe, is an invaluable resource for the employees of Hasbro.
We share similar values on innovation, the importance of playfulness in creation, and the power of collaboration. This open approach to innovation is a hotbed of inspiration for the diverse population of creative thinkers at Hasbro, from storytelling and design, to business and marketing.”
Managing Our Talent
To ensure our business flourishes, we need people with the right skills today and for the future. We carefully manage talent across our company by recruiting, developing and promoting people in line with our business goals. At least once a year we assess individual potential, identifying employees for future positions. We consider each person’s career goals against emerging opportunities, and nominate individuals to participate in core development programs.
Inspiring Employee Performance
We regularly set objectives for individuals and teams and provide on-the-job coaching to help them succeed. At least once a year, we evaluate all employees formally against their objectives and provide feedback on performance. All new recruits receive a two-hour teaching program on our performance management systems and processes.
To encourage individual success and reward hard work and innovation, we include a pay for performance element in each employee’s total rewards package. This includes merit based pay increases and variable bonus programs based upon company, region or business and individual performance.
The Challenge of Mobility and Retention
One of the challenges we face as a growing and increasingly global business is having the right people in the right place at the right time. Job needs and career opportunities may exist at one location but not at another. To address this, we are using the company’s Strategic Brand Blueprint to rotate high potential leaders through key positions across the globe. For example, U.S.-based toy designers have relocated to Hong Kong to develop new skills. We have also relocated employees from emerging or developing markets to the U.S., providing experience of a more mature market.
We have begun to use global teams or project-based assignments as an alternative to moving talent across the world. We find this creates global experiences for employees without uprooting families.
Whatever the challenge, our aim is to fill the company’s needs while providing appropriate career growth opportunities, in order to retain the best people.