OUR TEAM IN NUMBERS

126 employees	16% women in the workforce	65% Saudization rate
3.32% attrition rate	91% employee engagement rate	88% employee satisfaction rate
3,700 training hours	165 training courses	Re-certified as Great Place to Work

 

 

Diversity of governing bodies

 

Local employment

 

Non-discrimination

 

Training and education

 

Building a Performance-driven culture

SEDCO is dedicated to nurturing a culture of performance excellence by investing in its people. With a committed team and collaborative approach, we achieve our objectives while upholding principles of stewardship, teamwork, and egalitarianism, and maintaining the highest standards of ethical conduct and accountability.

Our values, driven by core competencies, are instilled in all employees through comprehensive onboarding orientation and training programs, ensuring alignment with our organizational ethos. The Company’s compensation strategy aims for employees to attain upper quartile total compensation by aligning fixed and variable pay, with a philosophy of competitive remuneration for all employees upon achieving company objectives.

In 2023, we made significant strides towards strengthening our performance-driven culture.

• SEDCO’s Injaz employee performance management system underwent an upgrade, marking a significant milestone in our digital transformation journey. The revamped website has improved communication and collaboration within the team, resulting in greater transparency and increased efficiency for the Company.
• We collaborated with department heads to gather information on relevant technical and non-technical topics, customizing impactful training opportunities for our workforce.
• Employees underwent extensive training across various formats and platforms, accumulating over 3,700 hours in 165 courses covering key areas such as public speaking, finance, IT proficiency, teamwork, leadership, project management, and data analysis; aiming to enhance their professional growth and expertise.

An engaging and diverse work environment

SEDCO’s work environment, corporate culture, and employee-focused initiatives have grown to become an integral part of our success.

In 2023, as we expanded our footprint into Riyadh and continued to develop the capability of our teams, we also focused on re-imagining our work environments to foster ideation, communication, and collaboration.

Our uniquely engaging volunteerism and employee-giving initiatives, Badir and Journey of Giving, have helped build a sense of belonging, while enabling employees to give back to the communities we serve. The result is a workforce that is deeply engaged; contributing to the vibrance and success of our overall endeavors. These and other award-winning HR initiatives that create a stimulating work environment and contribute to employee engagement, are detailed in our Social Review.