Louis Vuitton 2008 Annual Report Download - page 63

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LVMH010_2008_GB:Mise en page 1 24/03/09 11:14 Page 64
Employment Data
The data below includes all employment data, including LVMH's share of the joint-ventures.
The total workforce under regular and temporary employment contracts at December 31, 2008
was 77,087 employees, including 12,161 part-time employees, i.e., 16% of the total. This represented an
average headcount of 69,479 employees on a full-time equivalent basis.
The total workforce at December 31, 2008 included 69,957 regular employees and 7,130 temporary
employees.
77,087 employees
12,809 managers
Median age of 34
Under 25 13.2%
25-34 39.1%
35-44 26.5%
45-54 15.3%
55+ 5.9%
Workforce as at December 31 by Professional Category
(includes both regular and temporary personnel)
2006 2007
2008
12,809
8,036
44,616
11,626
Managers 10,335 11,233 12,809 17%
Technicians
and supervisors 6,282 7,050 8,036 10%
Administrative
and sales employees 39,106 43,667 44,616 58%
Production workers 8,530 9,935 11,626 15%
Total 64,253 71,885 77,087 100%
73% women
Managers 59%
Technicians
and supervisors 69%
Administrative
and sales employees 81%
Production workers 63%
3.0%
2.6%
3.6%
2.1%
1.7%
2.5%
Breakdown of women/men
by geographic region
(regular employees)
0
20
40
60
80
100
France Rest
of Europe
United States Japan Rest
of Asia
Other
markets
Women
67 % 76 % 74 %
77 % 76 %
62 %
Men
33 %
24 % 26 % 23 % 24 %
38 %
Breakdown of women/men
by business group
(regular employees)
0
20
40
60
80
100
Wines
& Spirits
Fashion &
Leather Goods
Perfumes
& Cosmetics
Watches
& Jewelry
Selective
Retailing
Other
activities
Women
35 %
73 %
82 %
56 %
80 %
57 %
Men
65 %
27 % 18 %
45 %
20 %
43 %
€ 57,9 million
invested in training
2.6% of payroll costs
●Training investment totaled 57.9 million euros, representing an average of 751 euros per employee
or 2.6% of payroll costs excluding incentives and profit-sharing worldwide.
● 63.5% of our employees (46,800) received at least a training session in 2008.
● Training per employee averaged 2.7 days.
● In 2008, LVMH offered a total of 210,400 days of training, the equivalent of 950 persons in full-time
training over the year.
Training investment
(million euros)
% of payroll
France 26.3 3.6
Rest of Europe 9.8 2.1
United States 8.4 1.7
Japan 5.1 3.0
Rest of Asia 6.7 2.6
Other markets 1.5 2.5
Total 57.9 2.6
PASSIONATE ABOUT CREATIVITY 61