As a growing company, it is important that we attract, retain and advance top talent from all backgrounds and cultures. We harness the power of difference to achieve business success: our employees come from diverse cultural backgrounds, representing over 40 nationalities. We aim to create an inspiring working environment and provide equal opportunities for all our employees. We do not tolerate discrimination of any kind. Idorsia is committed to ensure full compliance with the gender representation and pay equality required by the Swiss regulations. The results of the 2020 gender pay equity analysis in Switzerland (published in the Compensation Report 2020) confirmed our company culture of equal opportunities and equal pay. Idorsia is committed to monitoring gender pay equity on an ongoing basis. In 2022, we repeated the gender pay equity analysis for Switzerland, which again confirmed our equal pay practice. As we are growing our operations internationally, we are extending our pay equity reviews to new geographies.
Our future as a company depends on a workplace that enables employees to achieve their full potential – both at work and outside the office. We believe that a culture fostering employees’ development and growth is essential to our success. We take an integrated approach to rewards and talent management, designed to build an organization of highly engaged and enthusiastic professionals.
Our simple and transparent reward and recognition philosophy is based on engaging everyone in an entrepreneurial approach to long-term value creation. Idorsia’s approach provides a simple and effective way to align individual and team efforts with Idorsia’s strategic priorities, as well as encouraging excellent performance and sharing the results that we achieve together.
To support our people in achieving their full potential, we provide a range of internal and external learning and development programs. We emphasize results-oriented coaching, encourage internal mentorship, offer a variety of training programs, and fully support language learning. Idorsia also provides financial assistance to employees who wish to advance their education through an accredited university or business school.
In 2022, we launched “Ambition 2027”, a one-time equity program to reward employees for what has been achieved since Idorsia’s inception in 2017 and to focus on creating long-term value together. Through the program, every permanent employee globally (excluding all members of the Idorsia Executive Committee), as well as new hires through 2023, receives a grant of restricted stock units (RSUs) that vest progressively over five years. They are also awarded an equivalent number of matching shares, underpinned with four ambitious strategic goals. Depending on the number of objectives met by the end of 2027, participants can up to double their initial grant. With this unique plan, we aim not only to retain our talented employees worldwide, but also to share future successes with all.