2016 CORPORATE RESPONSIBILITY REPORTEXCEPTIONAL PERFORMANCE2016 CORPORATE RESPONSIBILITY REPORT<img alt="" src="/SiteCollectionImages/CSR/recruitment_onboarding_training.jpg" style="BORDER:0px solid;" />

 

 

Exceptional Performance > Recruitment, Onboarding & Training<div class="restrictInterior generalContent"><div class="ms-rtestate-read ms-rte-embedcode ms-rte-embedil ms-rtestate-notify s4-wpActive" unselectable="on"><div class="restrictInterior generalContent" unselectable="on"><h1 unselectable="on">Recruitment, Onboarding & Training</h1><h2>Talent Management</h2><div>We rely on the talent and skills of our workforce to develop and manage our properties and create sustainable value for all stakeholders. Attracting and developing top professionals allows Forest City to remain a real estate leader and innovator of places where people, businesses and communities thrive.</div><div>Forest City associates enjoy an inclusive and flexible work culture, comprehensive benefits and competitive compensation. Our active training and engagement programs prepare associates to enhance their abilities and excel both personally and professionally. We require and provide for each member of our workforce to receive regular, detailed performance evaluations, which provide them with valuable feedback and additional opportunities to contribute to Forest City’s sustainable growth.</div><h2>Recruitment & Onboarding</h2><div>Our Human Resources team provides new hires with a consistent, high-quality onboarding experience. We produce detailed job descriptions with day-to-day responsibilities for each open position. Once we attract high-talent individuals who align well with Forest City’s core values, our onboarding program provides the information, training and tools needed to succeed right away.</div><div>Our talent attraction and orientation practices align associates’ everyday duties with Forest City’s mission and vision, fostering an engaged and productive workforce. Through our engagement activities, we contribute to a low associate turnover rate and provide enhanced continuity of experience for our residents and tenants.</div><div>We are currently refining our onboarding program to provide new hires with a comprehensive introduction to Forest City’s updated mission, vision and strategic goals. In 2017, we will implement the new program across all properties and corporate offices.</div><div class="tableContainer"><div class="crreportColumnGroup"><div class="crreportColumns crreportColumnHalf"><div><h3>2016 Forest City Associate Turnover by Associate Age</h3><table class="tableRecruitment"><thead><tr><th>Age Grouping</th><th># of Associates</th><th>% of Total</th></tr></thead><tbody><tr><td>Under 30 years old</td><td>212</td><td>36.2</td></tr><tr><td>30-50 years old</td><td>277</td><td>47.4</td></tr><tr><td>Over 50 years old</td><td>96</td><td>16.4</td></tr><tr><td>Total</td><td>585</td><td>100</td></tr></tbody></table></div></div><div class="crreportColumns crreportColumnHalf"><div><h3>2016 Forest City Associate Turnover by Associate Gender</h3><table class="tableRecruitment"><thead><tr><th>Gender<br></th><th># of Associates</th><th>% of Total</th></tr></thead><tbody><tr><td>Male</td><td>362</td><td>61.9</td></tr><tr><td>Female</td><td>223</td><td>38.1</td></tr><tr><td>Total</td><td>585</td><td>100</td></tr></tbody></table></div></div></div></div><h2>Associate Training & Development</h2><div>Our ability to build and maintain a skilled workforce reflects Forest City’s continued success. We design training programs that promote productivity, accountability and foster leadership qualities. Our in-depth approach helps associates develop the cross-functional capabilities required to succeed in designing and managing a dynamic property portfolio. </div><div>Effective succession planning is a critical aspect of talent management and Forest City’s talent strategy. We continue to focus on improving our ability to recognize top talent. Over time, our HR staff tracks their development to sustain a healthy pipeline of talent to fill future leadership positions. In 2017, we will begin conducting talent reviews to identify high-performing associates throughout the organization.</div></div></div></div>Recruitment, Onboarding & TrainingExceptional Performance > Recruitment, Onboarding & Training