Porsche 2009 Annual Report Download - page 78

Employees
Employment situation at Porsche
In fiscal 2009/10, Porsche was again able to
rely on the extraordinary commitment and flexibility of
its workforce. Porsche’s employees are the founda-
tion for successfully adapting the company to a mar-
ket environment that remains difficult due to the slow
global economic recovery. As of the reporting date,
the Porsche SE group had 37 employees (as of
31 July 2009, prior to deconsolidation of the Porsche
Zwischenholding GmbH group and the Volkswagen
group: 375,959 employees).
As of the reporting date, the Porsche
Zwischenholding GmbH group employed a workforce
of 12,722 – a 1.0 percent increase on twelve months
previously. In addition to this figure, 219 employees
were in the passive phase of the German special
phased retirement scheme. 306 young people were in
training.
Professional training
In the reporting year, all 100 of the Porsche
Zwischenholding GmbH group’s traineeships were
filled. 80 trainees started in technical/manual profes-
sions and six on the commercial side of things. In ad-
dition, 14 students were recruited for twin-track voca-
tional training in various disciplines. The three-year
course, which has been offered for many years in
conjunction with the Baden-Württemberg Cooperative
State University (DHBW), leads to a Bachelor’s degree.
Following completion of their vocational training,
some young people opt to pursue a course of study –
often in engineering and vehicle technology. Porsche
supports this academic training by granting trainees
the necessary leave.
Ferry Porsche Prize awarded
In recent years, highly trained skilled employ-
ees and engineers have been essential to the success
of the German automobile industry and Porsche. To
ensure this remains so in the future, Porsche nurtures
new talent in a variety of ways. Porsche AG and the
Baden-Württemberg Ministry for Culture, Youth and
Sport once again presented the Ferry Porsche Prize.
Since 2001, this prize has been awarded to the year’s
best graduates in mathematics and phys-
ics/technology at general and vocational high schools
in Baden-Württemberg. The aim of the Ferry Porsche
Prize is to make mathematics and natural sciences
more attractive and increase the appeal of engineer-
ing courses for prospective students. The annual high-
light of activities for the Ferry Porsche Prize is the
invitation of the 250 or so prize winners and their
parents to the Weissach development center. This
year the chairman of the supervisory board, Dr. Wolf-
gang Porsche, again personally congratulated the
winners.
Systematically fostering talent
Porsche’s strategic leadership process identi-
fies staff with managerial potential and provides them
with the skills needed to master future challenges. In
the past fiscal year, the sixth round of the “Porsche
Career Promotion for Junior Employees” (PNF) was
successfully completed. As an integral element of
Porsche’s efforts to promote talent, PNF focuses on
systematically identifying and nurturing young em-
ployees with potential, and forming long-term relation-
ships with them. In the reporting year, 45 young tal-
ents from Porsche AG and the national subsidiaries
completed the two-year program.
78 Group management report