Bombardier employees volunteering at a local science fair
Chosen as one of Canada's Top 100 Employers, Top Employers for Canadians Over 40, Ten Best Companies to Work For and Montreal's Top Employers for 2013:
By Richard Yerema and Kristina Leung, Mediacorp Canada Inc. staff editors
(Oct 9, 2012)
Some of the reasons why Bombardier
was selected as one of Canada's Top 100 Employers for 2013
- an incredible Canadian business success story with operations in 24 countries, manufacturing a complete line of business and commercial aircraft through its aerospace division and boasting over 100,000 installed rail and mass transit vehicles rolling through city streets and on railway lines worldwide
- and offers an incredible range of career development opportunities at home and around the world -- employing nearly 70,000 full-time employees worldwide and adding over 1,790 full-time employees in Canada alone last year
- along with contributions to defined benefit or contribution plans (depending on employee group) employees can also share in the company's overall success through a share purchase plan
- supports new mothers with maternity leave top-up payments (to 100% of salary for 18 weeks) as well as a variety of alternative working arrangements for when they return to work
- new mothers also have the option to extend their maternity leave beyond one year into an extend unpaid leave of absence
- supports ongoing employee development through tuition subsidies for job-related courses as well as subsidies for professional accreditation, and in-house and online training programs
- help new graduates and younger employees enter the workforce through paid internship opportunities
- new employees start with three weeks of paid vacation, working to a maximum of six weeks for long serving employees -- and the company considers previous work experience when setting vacation entitlement for individual employees
Bombardier Inc. designs, manufactures, sells and supports products for commercial and business jets, as well as rail transportation equipment, systems and services.
The multi-national company has progressed spectacularly from its founding in 1942 by Joseph-Armand Bombardier. The company's founder is credited with developing the first snow vehicles that were widely used to deliver everything from mail to hauling lumber throughout rural Québec. Joseph-Armand Bombardier is also credited with developing the world's first personal snowmobile (the Ski-Doo), and along with his made-in-Canada transportation solution, he launched the entirely new industry and sport of snowmobiling. Today, after having moved out of the recreational transportation business in 2003, the international company's core businesses include aerospace and mass transportation. The company manufactures a complete line of business and commercial aircraft though its aerospace divisions and has over 100,000 installed rail vehicles operating in cities around the world. The company operates in 24 countries and derives most of its revenues from outside of Canada today. The publicly-traded company employs nearly 70,000 people worldwide with major Canadian facilities in Montréal and Toronto.
Industry: Aircraft Engine and Engine Parts Manufacturing.
Major Canadian hiring locations: Toronto ON, Montréal QC.
Revenues: $18,300 million.
Full-time at this location: 176.
Full-time employees in Canada: 24,147.
Full-time worldwide: 69,823.
New jobs created in Canada last year: 1,796.
Workforce engaged on a contract basis: 5%.
Number of applications received at this location last year: 1,550.
Average age of all employees: 44.
Longest serving employee: 31 years.
Bombardier's physical workplace is rated as above-average. Bombardier's office tower is located in the heart of downtown Montreal, above the Central Train Station. The building sits atop an underground shopping mall and is connected to Montreal's Underground City (officially RÉSO or La Ville Souterraine), which provides all-weather-access to over 1,600 shops, restaurants, museums, universities, metro stations, train stations and bus terminals. The building was recently renovated to increase brightness and includes a renovated kitchen and employee lunch room on the 30th floor, which offers impressive views of the city skyline, mountain and St-Laurent river. The building is within minutes of Mount Royal Park, Victoria Square, McGill University, and Rutherford Park. Inside, the office features employee lounge (with comfortable seating, television and video games); secure bicycle parking; transit subsidies; and free coffee, tea, juice and soft drinks.
Work Atmosphere & Communications
Bombardier's work atmosphere is rated as very good. On the job, employees enjoy business casual dress; casual dress Fridays; can listen to music while working; organized social events. Bombardier created a company-subsidized social committee in 2011, which is responsible for organizing events including Christmas party and Christmas family day, Quarterly "4@6" employee event and site visits. Employees are kept up to date through a company newsletter; corporate intranet site; email suggestion box.
Financial Benefits & Compensation
Bombardier's financial benefits are rated as above-average. To keep salaries competitive the company participates in outside salary surveys every 12 months. Individual salaries are reviewed every 12 months. In addition to competitive compensation, Bombardier provides share-purchase plan for all employees; signing bonuses for some employees; year-end bonuses for some employees; defined benefit pension plan; defined contribution pension plan with employer contributions (up to 3% of salary); new employee referral bonuses (to $2,000 for some positions); life & disability insurance; retirement planning assistance; phased-in retirement work options; (Some employees receive contributions to a defined benefit or contribution pension plan, depending on employee group).
Health & Family-Friendly Benefits
Bombardier's health and family benefits are rated as very good. Bombardier has varying health benefits plans, with overall coverage levels depending on the employee group. The health benefits plans are managed by Industrielle Alliance, Blue Cross and Shepell, with most plans offering the following minimums. As part of the health plan, the employer pays 95% of the premiums. The health plan is a flexible plan with adjustable premiums and coverage levels. There is no waiting period before coverage begins. Family coverage is available on the health benefits plan. Retiree coverage is also available on the health plan, up to 65 years of age. Traditional medicine coverage; alternative medicine coverage; fertility treatment medications; employee assistance (EAP) plan; medical equipment and supplies; physiotherapy; massage therapy; homecare; travel insurance. Bombardier's family-friendly benefits include; maternity top-up payments (to 100% of salary for 18 weeks); health benefits during maternity and parental leave; extended unpaid parental leave option (beyond the first year). Additional family-friendly benefits: flexible working hours; compressed work week; telecommuting; reduced summer hours program.
Vacation & Personal Time-Off
Bombardier's vacation and personal time-off are rated as very good. New employees receive 3 weeks of vacation allowance after their first year. Vacation increases after 10 years on the job. Long-serving employees receive a maximum of 6 weeks of vacation each year. During the Christmas to New Year's holiday break, employees receive an additional 3 days off. Employees receive 3 paid sick days every year. Employees receive 10 personal days off, as scheduled by their employer. Employees can also apply for an unpaid leave of absence.
Bombardier's employee engagement program is rated as above-average. Employees receive individual performance reviews every 6 months. Managers receive training in how to conduct effective performance reviews. Performance feedback is also solicited from co-workers and other managers familiar with each employee's work. As part of the review process employees can provide confidential feedback on their manager's performance. Exit interviews are provided for departing employees; Bombardier hires an outside consultant to conduct confidential employee satisfaction and engagement surveys. (These surveys are held every 12 months).
Training & Skills Development
Bombardier's training and skills development program is rated as above-average. Employees receive tuition subsidies for courses related to their position. In addition to offering tuition subsidies, Bombardier provides subsidies for professional accreditations; in-house training programs; online training programs; online employee skills inventory.
Bombardier's community involvement program is rated as exceptional. Bombardier and its employees support a variety of local, national and international charitable initiatives. Employees take part in the selection of charitable groups assisted each year. Employees receive paid time off to volunteer with their favourite charitable organizations. As part of this program, employees receive 2 paid days off to volunteer. The J. Armand Bombardier Foundation, a private family foundation, was established in 1965 to carry on the humanitarian work of Joseph-Armand Bombardier and contribute toward the realization of Bombardier’s vision of social responsibility. Through the foundation's efforts, the company and its employees have contributed to a number of charitable organizations, including Centraide/United Way of Greater Montreal, Engineers Without Borders, and Red Cross, to name only a few. 1.94.
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