Fiat S.p.A.

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Fiat S.p.A.
Fiat S.p.A.
Industry Automobiles and Parts
Founded 11/07/1899
Headquarters Turin, Italy
Area Served Worldwide
CEO Sergio Marchionne
Chairman Board of Directors John Elkann
Products Automobiles
Market Value 14,566.9 m$ (2014)
Employees 225.600 (2013)

About Fiat S.p.A.[edit]

Fiat S.p.A. is currently the seventh largest automobile producer worldwide. With a total of more than 4 millions vehicles sold in 2012, Fiat possess some of the most innovative and advanced technologies in the world. The company designs, engineers, manufactures and sells passenger cars, light commercial vehicles and components and production systems worldwide. The Company designs and sells cars under the Abarth, Alfa Romeo, Dodge, Fiat, Fiat professional, Jeep, Lancia, Ram, SRT, Ferrari and Maserati, in addition to Mopar, the parts and service brand. Among others, the businesses of Group also include Comau (production systems), Magneti Marelli (components) and Teskid (iron and castings). Additionally, it provides retail and dealer finance, leasing and rental services in support of the car business through subsidiaries, joint ventures and commercial agreements with specialized financing services providers. Fiat S.p.A. is a transnational auto group which focuses on the industrial activities in the automotive sector through companies located in 40 countries and has a commercial relationship with customers in approximately 150 countries.

As of October 12th 2014, the Fiat S.p.A. and Chrysler LLC merged into Fiat Chrysler Automobiles N.V. (FCA)

Engagement in Cultural Diplomacy[edit]

The engagement in [ Cultural Diplomacy] is present in the company’s cross-cultural and diversity awareness. The inherent strength of the groups comes indeed from the power to innovate which is generated by integrating diverse cultures and experiences. The company believes that a global company must ensure that its employees are capable of operating effectively in different cultural context by valuing diversity and overcoming prejudice and any gaps in understanding.

Employment Policy[edit]

Fiat S.p.A has 225.600 employees (31/12/2013) belonging to 63 nationalities. The structure is the following: 40% in Europe (28% in Italy and 12% in the rest of the Europe), 36% in the NAFTA countries, 21% in Latin America and 3% in Asia- Pacific. In 2012, Fiat Group did a survey to determine employee affiliation to a nationality. It involved all Group companies, and the outcome revealed that 2.6% of employees (of whom 22% are women) have a nationality that differs from that of the country where they work. In addition Fiat Group rejects discrimination, particularly discrimination based on race, gender, sexual orientation, physical and health conditions, disability, age, nationality, religion or personal beliefs.
The Fiat S.p.A. Code of Conduct formalizes the company’s commitment to offer all employees equal opportunities in every aspect of the employment relationship, including recruitment, training, compensation, promotion, transfer and departure.


International Internship Programs[edit]

Fiat S.p.A. cooperates on a regular basis with universities on programs that produce concrete results by allowing students to combine academic and work experience. The group offers professional development opportunities in Sales & Marketing, Finance, Quality, Supply Chain Management, Engineering/Design and Manufacturing. The interns receive guidance and support from the dedicated tutors during the internship. Interns can participate in projects structured around their study goals and interests and can be oriented towards your thesis. The Group’s increased emphasis on diversity in recruitment has already yielded results in terms of an increase in the number of diverse candidates. At Fiat Group Automobiles (FGA) in Italy, in 2012 for example, non-Italian individuals filled 29% of new internships and about 15% of new hires. 
Also, during 2012, 74 target partner universities worldwide will provide each operating region with a selected pool of diverse candidates who were offered internships and entry-level positions in 2013.

Grants and Scholarships[edit]

The importance of education for Fiat is reflected in the financial help given for grants and scholarships. Since 1996, the children of the employees of Fiat are able to apply for the Fiat Grants and Scholarship programme. The students who have received the best marks may obtain a financial contribution towards their studies. The programme is aimed to students who are studying at A level or above. In 2012 the company gave a total of 2.982 grants and scholarships (+48% over the previous year) amounting to more than €2.5 million. The help was awarded in Argentina, Belgium, Brazil, Canada, China, France, Italy, Mexico, Poland, Portugal, Spain, the UK and the United States. FCA group supports “FIRST Robotics” initiative in NAFTA region. The initiative was created in 1989 and is aimed at reaching and inspiring high school students to explore and pursue careers in science, technology, engineering and mathematics. TechPro2 is another project of Group initiatives, which is organized by FCA and Salesian Vocational Training Center (CNOS-FAP). The programme provides a targeted technical training to socially disadvantaged young people who finished the required schooling. The vocational training was provided to the audience of 2 300 students and 2.2 million hours were provided in 2013. The course was held in seven different languages in 51 different locations around the world. A specific scholarship program is the “Fiat Likes U” project launched by Fiat in 2012 in collaboration with the Italian Ministries of Education and Environment, to benefit more than 280,000 students from eight Italian universities in Turin, Rome, Milan, Salerno, Parma, Cosenza, Pisa and Catania. Today the program comprises not only Italian Universities but also universities in Rotterdam (Netherlands), Madrid (Spain), Wroclaw (Poland) and Aaarhus (Denmark).

Notable Activities[edit]

Activities in the Field of Humanitarian Aid[edit]

One of the fundamental beliefs of Fiat S.p.A. is the moral responsibility to contribute positively to the local communities and the greater community as well. This belief is deeply entrenched in the corporate culture and influences the company's acts and decisions. By engaging with the employees not only in the workplace but also in the community, the company builds a more secure future for the enterprise and for society as a whole.

In 2013, the Group spent the resources of approximately 19.7 millions euros for the well-being of the local communities. The support for the local communities is delivered on the global level, however, the most benefiting countries are in Europe (47.3%), North America (29.2%) and Latin America (23.3%). One of the main ideologies of the Group is that, they try to invest in specific programmes with the aim of enhancing the community development (50.7% of total value of the community initiatives) rather than simply donating money (47.4%). Of the total investment in the local communities, Fiat spends 77.7% of the resources on cash contributions, 17.8% on volunteer work, 3.3% on donations in kind and 1.2% on management costs worldwide.

The main initiatives in the local societies are: Supporting social inclusion, cultural growth and economic development in local communities as well as giving the employees a chance to do volunteer work during paid working hours. The group also sets the targets, which should be achieved by 2020.

In terms of Social inclusion, cultural growth and economic development in local communities, approximately 2.5 million euros was invested in the programme Árvore da Vida and it reached the target group of 20 000 idividuals (initiative in the field of religion in Brasil) program from 2004 to 2013. At the same time, 670 Brazilian students had a chance to benefit from the same project Árvore de Vida Capacitação Profissional from 2006 to 2013. In the same field, employees in the US and Canada gave approximately 4.3 million euros for the donation of “United Way” in 2013, an initiative dedicated to improving the lives of the communities in 41 countries and territories. Fiat S.p.A. also supports volunteer work during paid working hours. Formare project and Natal Solidário were the main initiatives in Brazil, in which Magneti Mirelli and Teksid employees could do the volunteer work for non profits during the working hours.

Additionally, in 2014 Magentti Mirelli Brazil celebrates a decade of Formare, the project, which develops the potentiality of young people from low-income backgrounds to integrate into society as citizens and professionals. In the same field, Chrysler group US employees dedicated more than 9 400 work hours for the support of various company sponsored volunteer efforts in 2013. Additionally, around 135 000 hours yearly are dedicated by the Group for blood donations worldwide.

Throughout Fiat history, the company has assisted victims of natural disasters by rapidly responding to the needs of the community and supplying technical, humanitarian and financial aid as well as support vehicles.

According to the Fiat Community Investment Guidelines, every initiative is managed at the plant, company and brand level, while financially more demanding initiatives have to be approved and supervised at the corporate level. At the same time, the Group developed the indicators to measure the impact of the initiatives in order to be able to evaluate the benefit for the local community. This measure serves as an ensuring tool which investigates whether the activities were being aligned and relevant to the current needs of the regions involved.

Promoting Human and Civil Rights[edit]

In 2012, common Sustainability Guidelines were adopted across the Group. This includes a broad section in “Human Rights and Working Conditions”, in which 4 specific subjects are treated. These are: rejection of the use of forced or child labour in any form, recognition of the right to freedom of association in accordance with applicable laws, safeguarding of employee health and safety and a guarantee of equal opportunities; fair working conditions and appropriate working time, equal compensation, and the right to training for employees. The document is available in ten languages, e.g. Italian, English, French, German, Spanish, Polish, Dutch, Portuguese, Chinese and Japanese.

The commitment with Human Rights is reflected in the company through the creation of courses for its support. All professionals worldwide within the Group were involved in a course on non-discrimination, designed to address discrimination in the workplace (ILO convention 111) and to promote a business culture where all employees feel respected and valued.

In terms of Human Rights, the Group also refers to all the relevant international conventions as United Nations' Universal Declaration of Human Rights, the principal Conventions of the International Labour Organisation as already mentioned, the OECD Guidelines for Multinational Enterprises and the US Foreign Corrupt Practices Act (FCPA).

The annual survey in 2013 showed, that there are no incidents of child labour or forced and compulsory labor took place in any of the companies mapped (companies covered more than 99% of the employees worldwide), including those located in countries that are not participants in the ILO conventions on these issues. According to the survey, no Group company employs individuals under the minimum working age, which is set by the local legislation, nor apprentices under the statutory minimum age, nor minors under 15 years old in the nations, where the minimum age is lower.

Investing into the Cultural Exchange Programs[edit]

The company is involved in programs to promote cultural exchange. By sensitizing employees to the concept of multiculturalism and its implications in the workplace, in 2012 the group created a training program focused on the development of specific cross-cultural collaboration skills. For example, those responsible for the Human Resources and Quality professional employees participated in a series of cross-cultural courses divided into three phases: assessment, cross-cultural coaching and team building.
 Additionally the company offers the most talented employees, professional opportunities that allow them to gain experience in other geographic or business areas as well as opportunities for greater contact with senior management.

Investing In Music, Film Industry and Visual Arts[edit]

Some of the recent music events supported or organized by the company were The Detroit Symphony Orchestra event in 2013 and an upcoming event in 2014; the FIAT® USA BAND PRIX 2014 (U.S.). Fiat has a partnership with the Grand Palais in Paris. Under this partnership the CINEMA PARADISO MK2 event (2013) was organized with the aim of reinventing the cinema experience at the Grand Palais. Fiat was the main sponsor of “In Reverse” exhibition by Ron Arad (20 December 2013 to 30 March 2014) at the Pinocoteca Agnelli, in Turin.

Investing In Sporting Events[edit]

Fiat was taking part, as Technical Sponsor, in the 'World Masters Games 2013'. It's the most important world-sporting event dedicated to over-30 athletes, which is organized every 4 years involving three times as many participants as a summer edition of the Olympic Games. Fiat is the Official Sponsor for the Italian Olympic Committee for the 2012-2014 two-year period, Fiat was at the side of Italian athletes in Russia too, after following them to the 2012 London Olympics and the 2013 Mersin Mediterranean Games. FIAT Freestyle Team was the official sponsor of 'Vans Downtown Showdown 2013', the highly anticipated skateboard contest slated for 31 August in Paris. Fiat Group Automobiles Germany, the German distribution arm of Alfa Romeos, has agreed a three-year deal with the German Bundesliga Club Eintracht Frankfurt. In 2012 Juventus and Fiat Group announced a three-year agreement sponsorship deal.

External Links[edit]

Official Website

Career Page