Ferrari is a company that rewards excellence: those who are deserving, who show ability and determination can and must grow. The culture of merit is part of the DNA at Ferrari, because only excellent people can win the challenges faced in the market place and on the race tracks around the world.
This also means knowing how to appreciate people and marry expectations with specific organizational demands. With this in mind there are clearly defined made-to-measure routes to growth based on the characteristics of the individual, while considering the aims of the company, supported by significant investment in training.
Over the past three years, the workforce as a whole has had over 120,000 hours of training, as part of a five-year personal training plan known as “Progetto Tailor Made,” in which the company invests 3 million Euros per year.
One of the tools for ensuring and increasing technical and professional knowhow is the School of Expertise. Established in 2009, the School is open to all office and factory workers who can avail themselves of tutors and internal teachers, so that in turn they can become the engineers and specialists of the future.
Participation and involvement are at the core of relations with the personnel and that also means sharing the successes, according to a simple rationale: the more the company wins, the more the employees win. That is how, in 2012 alone, the value of the competitiveness prize given out was equivalent to 20% of the average salary. That is how, thanks to the extraordinary results of the three year period 2010 – 2012, each Ferrari employee received an additional three months pay and the challenge is on again for the next triennium.