Annual Report 2025

Talent Attraction, Development & Retention

Management Approach

At Belimo, empowering people lies at the core of the Company’s strategy to deliver customer value and achieve operational excellence. Belimo fosters a workplace culture rooted in trust, transparency, and purpose — enabling employees to thrive, grow, and contribute meaningfully to the organization’s success.

Belimo’s performance and behavioral appraisal systems support continuous growth, with individual development plans reviewed regularly to align ambitions and capabilities. Tailored global and local onboarding programs ensure that new employees are effectively integrated and aligned with the Company’s values from the outset.

Belimo considers employee engagement a strategic advantage. Through consistent communication, value-based leadership, and collaborative initiatives, the Company promotes a culture of innovation, feedback, and shared responsibility. Managers are expected to lead by example and act as role models across all levels of the organization.

Career Development

Belimo provides career development opportunities for managers and specialists and offers a broad portfolio of courses aimed at skill enhancement and career growth, including:

• Methodical Competency: General, cross-disciplinary skills including presentation techniques, project management, workshop leadership and moderation, and an introduction to HVAC and building technology.
• Social Competency: Key skills in this area include empathy, teamwork, and strong communication. Courses cover effective communication, negotiation, conflict management, intercultural competencies, and language training.
• Code of Conduct: All employees are regularly trained on the Code of Conduct and relevant policies via web-based training courses. New hires are introduced to the Code during onboarding.
• Transition Assistance Programs: In Hinwil (Switzerland), Belimo offers pre-retirement courses and, in cases of employer-initiated termination, occasional outplacement services.

Leadership Skills

In 2024, Belimo launched the custom-designed "Leading with Values" program in partnership with INSEAD. By mid-2025, 180 leaders across five global cohorts had participated, focusing on emotional intelligence, constructive feedback, inclusive decision-making and storytelling as a cultural tool. The program has further strengthened Belimo’s feedback culture and helped make values more visible in daily leadership practice.

From 2026 onwards, “Leading with Values” will be embedded in the Belimo Leadership Framework to ensure sustained impact and long-term integration into leadership development across all levels of the organization.

The Belimo Leadership Accelerator Program initiated in 2021, has so far supported 20 internal high potentials across four cohorts: 2021 (8), 2022 (4), 2023 (4), and 2025 (4).
To strengthen integration with the overall leadership journey and our talent review, the program is currently being redesigned into a structured 2 to 3-years journey including milestones, graduation events, and an alumni network. The next intake is planned for Q4/2026 under the redesigned model.

Average Hours of Training per Employee

Upgrading Employee Skills and Transition Assistance Programs

Belimo has expanded its learning offers with both online and instructor-led programs, providing employees with diverse development opportunities worldwide. In 2025, Belimo introduced a global Learning Management System to give employees broader and more consistent access to training. The system will be further expanded in 2026 to ensure equal availability across all regions.

Belimo also offers transition assistance measures, such as pre-retirement courses and outplacement services in cases of employer-initiated termination.

Regular Performance and Career Development Reviews

In 2025, 97% of employees received regular performance and career development reviews. Belimo employs behavioral appraisal systems at every level including regular status reports on individual goal achievement and employee performance. In 2026, Belimo will introduce a globally standardized performance management process.

Making Our Values Visible

Since 2023, Belimo has reinforced alignment with its mission and values through the “Making Our Values Visible” initiative. Internal stakeholders defined behaviors for each of the four values, and in 2024 three-hour values workshops were rolled out globally by trained internal Culture Coaches. In 2025, Belimo continued this rollout achieving a 100% participation by the end of the year. Virtual workshops were offered in Q4/2025 to ensure participation of new hires and employees who missed earlier sessions.

Employee Engagement

Employee engagement surveys — conducted every three years — measure staff commitment and provide valuable insights for improvement initiatives.

The most recent survey in 2023 achieved a score of 8.9 out of 10, with an excellent participation rate of 90% (1 978 out of 2 198 employees), underlining the high level of engagement across the Company.

The next global engagement survey will take place in Q1/2026.

Employee Turnover and New Hires

Another key performance indicator for employee engagement is staff turnover, which averaged 9.7% in 2025 (2024: 8.4%). Belimo defines employee turnover as terminations by employees (i.e. including retirements and deaths) or by the Company (i.e. unsatisfactory performance), excluding departures of apprentices or temporary employees, or employer-initiated terminations for economic reasons.

Employee Turnover by Region and Gender

Employee Turnover by Region and Age

In 2025, there were a total of 519 new hires (2024: 356 new hires) representing an increase of 45.8% compared to the prior reporting period.

New Hires by Region and Gender

New Hires by Region and Age