Loreal 2011 Annual Report Download - page 184
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Please find page 184 of the 2011 Loreal annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.182 REGISTRATION DOCUMENT − L’ORÉAL 2011
6Corporate social, environmental and societal responsibility
Social information
Recruitments
♦Number of employees hired in2011 (1): 6,746
− 4,967employees hired on permanent contracts;
− 1,779employees hired on fixed-term contracts.
(1) This indicator covers approximately 60% of world scope.
Remuneration and trends
Personnel costs (including payroll costs)(1)
(€ millions)
2010 2011
Total 3,624 3,833
(1) The comparison between the two years takes into account foreign exchange impacts and structural changes.
In each country, remuneration policy is based on a system of
performance assessment applied everywhere in the world.
Career development is managed on an individual basis and
depending on the countries concerned, salaries and salary
variations consist of an individual portion and a collective portion.
L’Oréal wishes to offer motivating compensation in order to
attract the best talents and foster their loyalty. Consequently,
nearly all the subsidiaries participate in a survey with regard to
remuneration every year. Remuneration varies according to the
position, skills, performance and potential of each and every
employee.
L’Oréal complies with the statutory and contractual obligations
with regard to remuneration in all its subsidiaries.
Remuneration at L’Oréal parent company
Gross average monthly remuneration of Women and Men continuously present in the Company
These are employees (excluding senior managers) on permanent contracts, who have been present for two consecutive years.
Employees who have changed category are compared in the category to which they belong during the 2ndyear.
In euros
2010 2011
ChangeMen Women All Men Women All
Executives 6,110 5,091 5,540 6,495 5,424 5,895 +6.4%
Supervisors and technical staff 3,016 2,995 2,969 3,188 3,127 3,141 +5.8%
Administrative staff 2,242 2,124 2,169 2,379 2,259 2,305 +6.3%
Manual workers 2, 543 2,440 2,506 2,676 2,585 2,643 +5.5%
Sales representatives 4,150 3,676 3,958 4,357 3,902 4,173 +5.4%
Employer payroll contributions
Total employer payroll contributions at L’Oréal parent company for2011 amounted to €175,775,565.
Number of employees hired at L’Oréal parent company:
L’Oréal hired 301employees on permanent contracts,
346employees on fixed-term contracts and 284employees
on work and training contracts (170apprenticeship contracts
and 114contracts offering professional experience). In
addition, 300people were hired on an occasional basis
during a holiday period or for a season.
L’Oréal does not have any problems in recruiting either
executives or other categories of staff.
Number of redundancies or dismissals at L’Oréal parent
company:
In2011, there were no economic redundancies.
Out of a total of 6,015employees, 47 were dismissed for personal
reasons including 2dismissals for physical incapacity.
Information relating to workforce reduction plans andjob
preservation schemes, efforts to find alternative positions
for employees, rehiring and employment assistance
measures.
No workforce reduction plan took place at L’Oréal parent
company in2011.