Simon Sustainability Report 2020-2021
Simon employees are the driving force behind our success. Their commitment, creativity, and ability to consistently deliver outstanding results are what keep Simon ahead of the competition and at the top of our sector year after year. To ensure we continue to attract, develop, and retain the best talent across the organization, we invest in our employees and provide equal opportunities. The pandemic and government mandates forced us to temporarily close properties, and consequently our employees had to adjust to changes in work arrangements. Many worked from home when role and scope allowed, and approximately 1,400 full-time employees were temporarily furloughed in 2020. However, we are happy to report that over 99% of the employees have returned to their positions. While furloughed, employees enrolled in Simon benefits plans received their benefits at no cost to them. As many employees continued to work on-site or were in limited contact with customers, we took significant steps to help ensure they were able to do so safely by providing training on COVID-19 safety guidelines and encouraged tenants, vendors, and contractors to do the same. We also provided Personal Protection Equipment (PPE) to be used when performing work duties, interacting with other persons, or as mandated by state and local jurisdictions. FLEXIBLE WORK ARRANGEMENTS Simon believes in the value created by in-office team collaboration. In-the-moment, in-person interaction will always
best support the pace of our business and create the most effective environment for pooling perspectives, sharing knowledge, and generating ideas. That said, Simon recognizes that sometimes the demands of life necessitate a certain degree of workplace flexibility. As an organization, we are committed to helping employees and supervisors find the right balance by supporting workplace flexibility based on job expectations, which is founded on mutual trust and accountability. Simon supports and empowers its leaders to make decisions that help ensure business priorities and job standards are always met. The nature of the employees' work and responsibilities must be conducive to a flexible work arrangement without causing disruption to team performance and customer or client service levels. QUARTERLY BUSINESS UPDATES Among Human Resources’ strategic priorities is to increase our organizational effectiveness around employee communication, particularly in driving meaningful business communication down through the organization. Quarterly Business Updates featuring a message from our CEO, and highlighting key topics from the quarterly Earnings Calls, are sent each quarter to all employees. With a defined employee communications plan in place, we help support employee engagement and reinforce a positive business outlook with an eye toward maintaining a confident, well- informed, and highly committed workforce.
26% EMPLOYEES WORKING PART-TIME
99% OF EMPLOYEES WORKING AT SIMON AGAIN AFTER FURLOUGH
NEW WELLNESS PROGRAM ROLLED OUT IN 2021
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