Working at GRUNDFOS

Guided by our ValUeS

RELENTLESSLY AMBITIOUSAt Grundfos we never stop challenging ourselves to create better solutions faster. We take pride in delivering premium quality in everything we do. We show leadership and innovate for the future.

FOCUSED ON PEOPLEAt Grundfos, we develop the individual. Everyone in Grundfos has passion, potential and the power to influence. We strive to make every employee feel respected and valued.

PARTNERSHIPGrundfos creates value through close relations with customers, suppliers and other stakeholders. We are a global company, building on local entrepreneurship and believe that diversity drives innovation and growth.

SUSTAINABILITY At Grundfos we are committed to doing business in a responsible and sustainable way. We design and manufacture pumps that demonstrate respect for the environment through their energy consumption and use of material.

OPEN & TRUSTWORTHYAt Grundfos we do what we say, and we say what we do.. Our communication is open and honest among ourselves and with the world around us. We put the facts on the table – even when they are not pleasant.

INDEPENDENCEGrundfos is a private company where profit is a means to growth – not a goal in itself. We ensure a healthy financial foundation at all times by re-investing capital to develop and expand the Group.

A strong set of values binds the people at Grundfos together. The values empower us to embrace new perspectives in our thinking and to generate ideas that can improve the future for us and also for the world around us.

Welcome to GRUNDFOS PUMPS With an annual production of over 16 million units, Grundfos Pumps is one of the world’s leading manufacturers of high quality pumps and pumping systems. The Grundfos Group is represented by more than 80 companies in excess of 55 countries.

HISTORYGrundfos was established in 1945 by founder Poul Due Jensen who started the company out of his shed in Denmark. Since then, Grundfos has grown to be one of the world’s leading manufacturers of high quality pumps and pumping systems with offices in 56 countries and over 19,000 employees across the globe.

Australian operations began in 1980 when a gentleman named Ray Pank was granted the first distribution rights to Grundfos products. Today, our head office in Regency Park, South Australia hosts approximately 90 employees across several business units including Operations, Sales, Marketing, Technical Services, Finance and Administration. A further 70 employees are situated in Sales Offices around the country.

FINANCIAL STRUCTUREGrundfos prides itself on our unique financial structure set up through The Poul Due Jensen Foundation. The self-governing institution ensures the company is completely financially independent and can never be bought or sold. Benefits of this structure include company longevity and the ability to invest substantially in research and development to help us remain aggressive and competitive in the market.

WORKING AT GRUNDFOS

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ONGOING SUPPORTAt Grundfos we believe in encouraging and supporting our employees to reach their full potential by providing development, training and job advancement opportunities. Grundfos are also committed to providing an adaptable working environment which can accommodate changes in personal circumstances.

VOLUNTEER LEAVEAll employees of Grundfos Pumps Pty Ltd are entitled to take one day per calendar year of paid volunteering leave to support volunteer activities that enhance and serve the communities in which we live and work.

SOCIAL RESPONSIBILITYHigh on our agenda is improving the environment by monitoring not only our own carbon footprint, but by proving ongoing support to initiatives such as ‘Caring for Climate’. In 2010, we also launched the employee involvement programme ‘Grundfos Brings Water2Life’. This initiative gives employees an opportunity to make a difference, by means of donations and volunteering, to provide clean drinking water to remote and underprivileged communities.

FAMILY HOURHere at Grundfos Oceania, we appreciate that the majority of our employees spend at least 7.6 hours a day at work, 5 days a week. Add in travel time, leisure activities and sleep, and there isn’t a lot left for quality time with your loved ones!

We appreciate that ‘family’ (whatever this looks like) is extremely important and that some of our best memories are created with loved ones. For this reason, Grundfos provides employees the opportunity each quarter to swap an hour at work for an hour at home to create more special memories, whether that be with your children, parents, or even a pet. The arrangement is extremely flexible and works on our Grundfos trust based system.

JURGeN MROzek, PRODUct MaNaGeMeNt teaM leaDeR & tRaiNiNG MaNaGeR, Sa SayS:

“I have worked for Grundfos for 13 years in total and have been given great opportunities to grow and develop. I originally started as an Electrical Designer, moved into an Application Specialist role and later worked as the Electrical Engineering Manager. After taking a 6 year break to explore alternate opportunities, I was welcomed back into the Grundfos family as the Product Management Team Leader & Training Manager. There are always new challenges and opportunities and it feels great to be back!”

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The Grundfos cUltUReAt Grundfos we aim to recruit, retain and develop the most qualified and competent people. We accomplish this by providing flexibility, encouragement and opportunities to challenge and develop professionally and personally.

CELEBRATING SUCCESSReach for the Stars Program: The Reach for the Stars program is about recognising talent, acknowledging outstanding sales achievements and sharing success! The Reach for the Stars program not only rewards top sales staff on a quarterly basis by way of a $1000 gift card, but the top performers globally are invited to a grand conference each year to celebrate their victory, network with global colleagues and most importantly share great ideas and best practices.

the extra Mile award: A quarterly peer and management nominated award to reward employees who have gone ‘the extra mile’. Successful employees receive a $1000 gift card.

Service awards: A biannual event where the entire organisation comes together to celebrate employee service

DIVERSITYAt Grundfos we believe strongly in treating employees equally irrespective of gender, age, race and religion. We also have a commitment to providing employment to individuals on special terms, including those with a disability, reduced working capacity and long-term unemployed individuals.

SOCIALSocial club (Selective States): Several Social Club activities are planned throughout the year for Grundfos Social Club members.

the Grundfos Olympics (Denmark): Every 4 years selected Grundfos employees from all over the world visit the Grundfos Head Quarters in Denmark to participate in competitions within several different sporting categories.

FLEXIBLE WORK ARRANGEMENTS Grundfos actively encourage a healthy work-life balance in the workplace by offering flexible work arrangements to suit individual needs.

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Benefits & iNceNtiVeSWithin Grundfos we believe in rewarding our employees by offering a number of benefits and incentives in addition to base compensation.

CELEBRATING SUCCESS

REACH FOR THE STARS PROGRAM:

The Reach for the Stars program is about recognising talent, acknowledging outstanding sales achievements and sharing success!

The Reach for the Stars program not only rewards top sales staff on a quarterly basis by way of a $1000 gift card, but the top performers globally are invited to a grand conference each year to celebrate their victory, network with global colleagues and most importantly share great ideas and best practices.

GRUNDFOS KEY BEHAVIOUR AWARDS

Each quarter, managers and employees are given the opportunity to nominate colleagues who ‘go the extra-mile’ for Grundfos and our customers.

THERE ARE THREE CATEGORIES ALIGNED TO OUR GRUNDFOS KEY BEHAVIOURS:

• CustomerCentricity• Collaboration• Accountability

There can be up to 3 winners against each behaviour every quarter and not only will successful employees be recognized nationally in front of their peers, they will receive a $300 gift card!

SERVICE AWARDS

A biannual event where employees from all over Australia and New Zealand are flown to a central location to come together and celebrate the contribution of our long serving employees.

ANNUAL INCENTIVE SCHEME

If the business is doing well, then rewards flow on to employees. It is possible to earn up to 25% on top of your base salary if national sales targets and individual and team KPI’s are met.

MERIT REVIEW

Whilst annual salary increases are not guaranteed, comprehensive reviews are conducted each year which take in to consideration the following:

• EmployeePerformance;• InternalRelativities;and• ExternalMarketData.

RAY PANK GRUNDFOS EMPLOYEE TRUST

As the first distributor of Grundfos Pumps in Australia, and a minority shareholder up until 2016, Ray Pank was responsible for the success of our Australian operations. As a result of his success and commitment to employee longevity, satisfaction and development, Mr Pank donated a significant amount of money in 2015 to establish the Ray Pank Grundfos Employee Trust.

As per Mr Pank’s vision, the 50 longest serving employees of Grundfos in Australia receive annual dividends to be used for personal and professional development, health initiatives, welfare, or education that they might not otherwise be able to afford.

Just another added benefit of being a long serving employee with Grundfos in Australia!

EMPLOYEE DISCOUNTS

All Grundfos employees are entitled to receive the following discounts:

GRUNDFOS PEOPLE PLUS

An online account (similar to the Entertainment Book) which provides Grundfos employees discounts on hundreds of products and services around the country including dining, hotels, retail shopping, events and more!

GRUNDFOS PRODUCTS

Significant staff discounts for employees and their family members across our pump product range

MICROSOFT HOME OFFICE USE

Employees are entitled to purchase the latest version of Microsoft Office products for a home pc or mac via the Microsoft Home Use Program (called the HUP) at a significantly discounted rate.

NOVATED LEASING

The company offers the opportunity for staff to salary sacrifice a motor vehicle through a novated lease in accordance with the terms and conditions of our policy.

ANZ@WORK PROGRAM

Thanks to our relationship with ANZ bank, Grundfos employees can receive benefits on their everyday banking, as well as extra support and discounts across a range of more complex banking products like loans, insurance and wealth management.

To take advantage of these great benefits, employees simply need to have their salary paid into an ANZ Access Advantage account. To find out more Email ANZ on anzatwork@anz.com

EMPLOYEE REFERRAL INCENTIVE

If an employee refers a candidate to Grundfos and they are appointed to the position, the employee will be entitled to receive a voucher valued at $300.

HEALTH & WELLBEING

We encourage an active and healthy lifestyle by offering the following benefits:• Fruitatwork• AnnualFluShots• CorporatediscountedHealth

Insurance• EmployeeAssistanceProgram(EAP)

TRAINING & STUDY SUPPORTWe believe in developing our employees by identifying and supporting training and external study opportunities.

EMPLOYEE DEVELOPMENT Annually managers conduct a People Development Dialogue (PDD) with their staff. The purpose of the PDD is to agree and set expectations, measure performance, and identify professional and personal development opportunities.

INTERNATIONAL ASSIGNMENTS As we are a global company, many employees have the opportunity to undertake challenging and rewarding assignments abroad whether it be for a specific project, training, or simply networking and knowledge sharing.

JOHN ZARNKE, QUALITY, SAFETY & ENVIRONMENT COORDINATOR, SA STATES:

“Grundfos has offered me opportunities for personal and career development. I started working on the shopfloor and the Grundfos culture of continuous training and talent recognition created a pathway for me into the leadership team. I’ve been very fortunate to be able to travel overseas, attend special functions and work with a team of diverse, dedicated and talented people.”

KATHY SZARVAS, FRONT OFFICE TEAM LEADER, SA STATES:

“I have now been with Grundfos for almost 4 years, and I’m still amazed by the amount of support and encouragement shown to me in regards to my personal development. Proof of this is my recent promotion to Team Leader, after beginning my Grundfos journey as an internal sales officer only 3 short years ago. Grundfos is a community rather than a workplace, and I have felt a part of this community from the moment I walked through the door on my first day.”

Growth & DeVelOPMeNtAt Grundfos we understand that our people are the most important resource for the business. For this reason we are committed to growing a diverse team of talented, energetic and innovative people. At Grundfos you will be encouraged to develop your skills and undertake new challenges.

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Grundfos Pumps Pty Ltd 515 South Road Regency Park SA 5010 Australia Phone (08) 8461 4611 Fax (08) 8340 0155

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iNteReSteD iN JOiNiNG US?If you are interested in a career at Grundfos Pumps in Australia, we invite you to submit your CV with a covering letter to hr-au@grundfos.com.To view the latest Grundfos Pumps Pty Ltd job vacancies and set up job alerts, please visit our careers page at www.au.grundfos.com/about-us/career/jobs.html.Alternatively, please search Grundfos at www.seek.com.au.