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Annual Report 2010 - Knorr-Bremse AG.

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MAN<strong>AG</strong>EMENT REPORT<br />

29<br />

Human Resources<br />

At year-end <strong>2010</strong>, the <strong>Knorr</strong>-<strong>Bremse</strong> Group employed a total<br />

of 16,277 persons or 12.8% more than at the end of 2009.<br />

In the European region, there were 9,243 employees on the<br />

payroll at year-end <strong>2010</strong> (2009: 8,555). At 56.8%, the proportion<br />

of employees in Europe declined from 59.3% in 2009.<br />

The workforce in Germany totaled 3,235 employees, which is<br />

164 more than in 2009 (3,071) and equates to 19.9% of the<br />

total Group payroll. The number of employees in the Americas<br />

also rose in <strong>2010</strong>, reaching 3,556 at year-end compared to<br />

3,217 in 2009. The proportion of the total Group workforce in<br />

the Americas showed a slight downturn to 21.8% (2009:<br />

22.3%). In Asia/Australia the size of the workforce again increased<br />

from 2,660 in 2009 to 3,478 on the back of regional<br />

growth. The significance of the region is also reflected in a<br />

further rise in the proportion of the payroll now employed in<br />

Asia/Australia, which rose from 18.4% in the previous year to<br />

21.4% in <strong>2010</strong>.<br />

The number of employees in both divisions increased, although<br />

without keeping pace with the rise in sales. In the Rail<br />

Vehicle Systems division, the number of employees at yearend<br />

<strong>2010</strong> was again up at 9,523 (2009: 8,256). In the Commercial<br />

Vehicle Systems division, following a crisis-led decline<br />

in the prior year, the headcount rose to 6,590 employees<br />

(2009: 6,014).<br />

In view of demographic trends and in line with the company‘s<br />

international growth strategy, <strong>Knorr</strong>-<strong>Bremse</strong> attaches<br />

great importance to sustained human resource development.<br />

The importance of HR development is underlined by<br />

the People Excellence (PEX) initiative which bundles all of the<br />

necessary measures. The targeted advancement of high potentials<br />

and the creation of the appropriate development<br />

and career opportunities provide a source of employee motivation<br />

and support long-term loyalty. Through cooperation<br />

with key universities and participation at recruiting and university<br />

job fairs, <strong>Knorr</strong>-<strong>Bremse</strong> is regularly perceived as an innovative<br />

employer by young talents. And in line with the increasingly<br />

international nature of its HR efforts, the company<br />

continues to support periods of employment at foreign locations<br />

within the Group.<br />

We would like to thank all of the company‘s employees for<br />

their commitment and hard work in <strong>2010</strong>. Our thanks also go<br />

to the employee representatives for their constructive collaboration.<br />

2006 13,035<br />

The Americas 21.8%<br />

Asia/Australia 21.4%<br />

Europe 56.8%<br />

2007 13,943<br />

2008 14,999<br />

2009 14,432<br />

<strong>2010</strong> 16,277<br />

Group workforce acc. to regions on Dec. 31, <strong>2010</strong><br />

Group workforce on Dec. 31, <strong>2010</strong>

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