People
Every day, Rieter’s employees blend their expertise with passion to make great things possible for customers. With social responsibility a company tradition, Rieter ensures that people, partners and communities can thrive.
People Commitment
Making market leading technology requires the industry’s best and brightest minds. Rieter starts training people at a young age and invests in them for the long run. It is teamwork: Employees are as committed to Rieter as the company is to them. This is why each day, Rieter’s employees blend their unmatched expertise with unbeatable passion to make great things happen for customers.
Progress 2024
The continued implementation of the performance program "Next Level" resulted in a reduction in the total workforce (FTEs) to 4 785 at December 31, 2024. Even so, Rieter was able to decrease the labor turnover rate by 0.9 percentage points to 4.5 percent in 2024 – and therefore hit the target of 10.0 percent again. This is a testament to the strength of Rieter’s company culture.
- The share of women in executive and management positions increased by 2.7 percentage points to 15.3 percent, thanks to the continuation of the diversity initiative “Women@Rieter” and the company’s mentoring program.
- The absolute number of occupational accidents fell by 34.1 percent to 29. As a result, occupational accidents per million hours worked improved slightly to 3.3 in 2024. This can be attributed to better preventive measures and the implementation of targeted safety training at Rieter sites.
- The absence rate for sick and accident leave increased slightly to 4.1 percent in 2024. This is well above the target of a maximum of 2.0 percent and a reflection of the difficult market situation in the reporting year.
- Training days per employee increased slightly to 2.0 in 2024, but remained below the target of at least 3.0 days. The company has offered a digital learning platform since 2023 in order to improve the personal and professional development of its employees.
- 2025: In 2025, Rieter aims to develop new social targets for 2030 in order to maintain its momentum in diversity and health & safety.
Corporate Governance
Rieter observes all laws and regulations of the countries in which it operates, with stringent internal procedures in place. Basing its partnerships on honesty and trust, Rieter works closely with everyone across the value chain to unlock the full potential. A key focus is on making supply chains more sustainable and robust. This enhances competitiveness and enables long-term success for all.