Our employees play a critical role in every aspect of our business. We believe they carry forward and enable our success, so we focus our efforts on establishing programs that emphasize well-being, development and growth. Providing employees with the right opportunities and support is key to fostering a collaborative, productive and safe work environment.
Diversity, Inclusion and Equal Opportunity
We believe that a diversity of employees and business partners helps us to be a better business. We are committed to hiring employees and working with suppliers who reflect the communities in which we operate and the markets from which we recruit.
We focused on expanding our employee inclusion teams in 2016 to foster a broad range of experiences, backgrounds and views, which deepens our collective knowledge and our ability to innovate.
Though the overall number of female and minority employees has remained static over the past few years, we remain focused on increasing diversity and are committed to building an inclusive workforce. Through targeted policies, we are also focused on working with suppliers who have been classified and/or certified as small business enterprises and diversity businesses, including those owned and operated by people who are minorities, women, veterans, and/or physically challenged or disadvantaged.
We provide training, workshops and classes – as well as support for external higher education through our educational assistance program – to employees at all levels so that they can better hone their leadership, management and technical skills. In 2016, we recommitted to our focus on professional growth by empowering employees to be engaged in their own development and career path planning. And because stand-out performance deserves to be recognized, we’ve evolved our Recognition & Rewards program in the past year to encourage and support above-and-beyond efforts.
Nearly 700 employees participated in six Tesoro leadership development programs and our multi-year rotational development programs. Last year 154 employees participated in our educational assistance program, which provided nearly $600,000 in higher education assistance.
The Tesoro Scholarship Program helps dependents of our employees pursue higher education. Last year, the program awarded $200,000 in new scholarships, supporting 50 students. Because these scholarships are renewable for up to four years, Tesoro provided an additional $300,000 in scholarship renewals for 77 students.
Compensation, Health and Wellness
Competitive compensation and rewards packages are key to how Tesoro attracts, engages and retains top talent. We incentivize achievement in the workplace through a pay-for-performance structure that aligns employee and business goals.
Employee medical benefits include coverage for preventative measures and subsidies for many medical costs, empowering employees to proactively manage their overall health. We also provide wellness resources that focus on physical, emotional and financial topics to help employees lead healthier, more secure lives. We provide exercise, blood pressure and tobacco cessation programs, as well as a points-based incentive program for participating in wellness activities.