Tesla Increased its Workforce by 40%+ in 2021 & Now Has Around 100K Employees

Photo: Tesla

Tesla has increased its workforce by 28,533 people, or by 40.3% in 2021. As of the end of 2021, the company has almost 100,000 employees who work every day to improve the lives of all mankind.

On a Form 10-K filed by Tesla, the company reported that as of December 31, 2021, it had 99,290 employees worldwide. Thus, the manufacturer hired 28,533 new employees last year, increasing staff by 40.3%. It should be noted that in 2021, the automotive sector continued to face shortages of components, due to which many automakers reduced production. However, during this challenging time, Tesla has found a way to develop and grow its production and its presence around the world, which has led to a significant increase in the number of its employees.

Tesla reported that to date, it had no work stoppages due to labor disputes, and the company considers its relationship with employees to be good. Tesla's key human capital goals in managing its business include attracting, developing, and retaining top talent while integrating diversity, equity, and inclusion principles and practices into its core values.

The manufacturer aims to attract a diverse and exceptional group of candidates, and to support their career growth once they become employees. Tesla's efforts begin at the entry level with development, apprenticeship, and internship programs in local high schools, community colleges, and four-year colleges. In addition, Tesla is committed to hiring based on talent, not just education, and has provided thousands of job openings, including in its local communities, for capable workers from various walks of life to gain valuable skills in critical operations such as manufacturing, transport service, and installation of energy products. "Our goal is a long-term, upward-bound career at Tesla for every employee, which we believe also drives our retention efforts," the manufacturer wrote.

Tesla offers a highly competitive wage that meets or exceeds that of comparable manufacturing roles, even before equity and benefits are factored in. In addition, most of the company's employees have the opportunity to receive additional Tesla equity each year based on their performance. The company continues to review salary and wages from benchmarks and make adjustments to keep them competitive, and have put in place a robust process to ensure pay equity across its organization. In addition, the manufacturer provides a comprehensive range of benefits options, including no-cost paycheck contributions for medical, dental, and vision plan options for employees and family members.

© 2022, Eva Fox | Tesmanian. All rights reserved.

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