The Terex DEI Strategy
Simply put, we believe it is our responsibility to enable our team members to reach their full potential, no matter their race, gender, age, ability, religion, orientation, identity, or experience. While attracting the best talent is critical, so is creating an environment where our team members can thrive. Our Inclusion strategy begins with a commitment to fostering diversity by recruiting and retaining talent from all backgrounds. Equity is established by ensuring there are fair opportunities, resources, and support for all team members. Inclusion creates a culture where every team member feels safe, supported, and valued. To execute on our strategy, we provide regular DEI (Diversity, Equity and Inclusion) training, developmental webinars, opportunities for team members to connect with each other, and we seek to establish inclusive policies.
Recruit
Significantly broaden the talent pool.
- Expanded the talent pipeline to ensure additional focus on female/ non-majority talent
- Developed relationships with diverse recruiting agencies
- Developed partnerships with local and national orgs who are committed to supporting diverse talent
- Continued to integrate DEI into interview training
Engage
Ensure all team members are inspired to work at Terex.
- Delivered Fundamentals of DEI Training to over 500 team members
- Launched Affinity Groups, creating a safe space for team members to interact, exchange ideas, network, and grow; currently, there are over 550 team members participating
- Partnered with Health and Safety to spotlight mental health
- Launched “I Will” Inclusion Statements globally
Develop
Achieve similar or greater promotion rates for under-represented groups.
- Launched an enhanced Global Mentorship Program; currently, there are over 390 mentoring partnerships
- Hosted development webinars (Self-Advocacy, Individual Development Plans, Work-Life Balance, Financial Awareness)
- Created Bias Interrupter Resources for managers during talent reviews
Retain
Retain underrepresented talent.
- Creation of a Formal Exit Interview Questionnaire to further understand and address retention challenges
- Completed a comprehensive Pay Equity Study
- Established a DEI Inclusion Roadmap to provide step-by-step guidance for sites on their DEI journey
Inclusion Starts With “I”
Terex believes that our strength lies in the diversity of our team. We are committed to cultivating an inclusive work environment where the perspectives, ideas, and unique talents of all team members are valued and respected.
I will make time
to be available when a team member asks to speak with me and I will take action as appropriate.
I will make team members feel valued
by consistently recognizing their efforts and contributions.
I will speak up
when a team member says or does something hurtful or inappropriate.
I will own up
to my mistakes and shortcomings.
I will identify my own biases
and will not let these biases cloud my judgement.
I will communicate transparently
to other team members about why decisions have been made.
I will listen attentively
and withhold judgement when a team member is sharing their point of view.
I will seek the input
of other team members for important decisions.
I will give a voice
to everyone on the team and will encourage collaboration.
I will take an active interest
in learning about other cultures so that I can work well with team members from diverse backgrounds.
Inclusion in Action
Incorporating inclusion activities at Terex is like to sprinkling a bit of fun and flavor onto our daily work culture cupcake.
Strategic Partnership with the NOW Group in Northern Ireland
Participation in 2023 Pride Events in Watertown and Omagh
Terex Affinity Groups
At Terex, every voice matters. Our Affinity Groups bring together diverse thoughts and processes in the workplace, and give people a voice.