Welding school / training
A technical training policy generating high-level expertise
At its Piping Solutions business line, Fives invests heavily in its training policy to keep its employees up to speed on the latest technologies.
Companies are required by law to pay for their staff's continuing education, which amounts to 1.6% of payroll costs. Fives believes continuing education is a critical asset and budgets a much higher amount for it every year. In 2014, the subsidiary budgeted 4.73% (over €1.7 million) of payroll costs for continued career training for its employees (training program, DIF [France's personal right to training requirement] and CIF [personal training leave]).
Sharing knowledge at in-house training courses
Through its Piping Solutions business line, Fives has created 70 in-house training courses to leverage its employees' expertise in subjects such as:
- Human Resources
The program includes engineering education and course instruction.