BMW 2010 Annual Report Download - page 30

28
12 GROUP MANAGEMENT REPORT
12 A Review of the Financial Year
14 General Economic Environment
18 Review of Operations
41 BMW Group – Capital Market
Activities
44 Disclosures relevant for takeovers
and explanatory comments
47 Financial Analysis
47 Internal Management System
49 Earnings Performance
51 Financial Position
53 Net Assets Position
55 Subsequent Events Report
55 Value Added Statement
57 Key Performance Figures
58 Comments on BMW AG
62 Internal Control System and
explanatory comments
63 Risk Management
70 Outlook
school leavers for subsequent entry into apprenticeships.
This strategy has proved highly successful – approxi-
mately
64% of these young people go on to receive regu-
lar training contracts.
The BMW Group is also closely involved with JOBLINGE,
an initiative aimed at combating youth unemployment
inGermany. In a six-month programme, disadvantaged
young people are given personal and practical support
toenable them to take up training or work. In addition to
helping the scheme with financial and material support, so
far the BMW Group has provided 19 practical placements,
two starter qualification positions and five
apprentice-
ships in Munich and Berlin. The varied range of vocational
training courses helps fulfil the BMW Group’s future re-
quirements for specialist staff both within Germany and
abroad.
Range of basic and further training expanded
Basic and further training programmes are of major im-
portance to the BMW Group as they provide the key
skills essential for meeting future competitive challenges.
The range of further training activities available to all
groups of employees has therefore been expanded con-
siderably.
New programmes are constantly being added
to the proven and tested range of further training on of-
fer to those who have already completed their vocational
training. As well as preparing them for carrying out inter-
esting tasks, these programmes also help to improve em-
ployees’ personal skills.
Employee training as an investment for the future
Building up and maintaining skills expertise within the
Group’s workforce are key aspects of strategic corporate
governance. With this aim in mind, the BMW Group
i
ncreased expenditure on basic and further training by
approximately one-quarter to euro 179 million (+25.2%)
in 2010.
As well as training along traditional lines, we also offer
an extended range of educational measures aimed at
meeting the foreseeable need for qualified staff. In this
context, the BMW Group is working closely with a
number of higher education establishments. Courses
BMW Group Employees
31.12. 2010 31.12. 2009 Change
in %
Automobiles 88,468 89,457 –1.1
Motorcycles 2,814 2,796 0.6
Financial Services 4,053 3,882 4.4
Other 118 95 24.2
BMW Group 95,453 96,230 – 0.8
Proportion of non-tariff female employees at BMW AG
in %
9.0
8.5
8.0
7.5
7.0
6.5
06 07 08 09 10
7.8 8.1 8.4 8.4 8.8
BMW Group Apprentices at 31 December
4,500
4,000
3,500
3,000
2,500
2,000
06 07 08 09 10
4,359 4,281 4,102 3,915 3,798