PSA COUV page . page RA GB - PEUGEOT Presse
PSA COUV page . page RA GB - PEUGEOT Presse
PSA COUV page . page RA GB - PEUGEOT Presse
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E mployee Relations Indicators<br />
6<br />
600 employees were made redundant as a result of difficult business<br />
conditions in Argentina, where automobile demand plunged 53%<br />
during the year. Short-time working schedules, which reduced<br />
worktime by 800,000 hours, helped the Group to maintain<br />
manufacturing capacity and to rank among the leading international<br />
corporations to reinvest in Argentina. Jobs were eliminated at the<br />
Madrid plant, primarily due to the termination of a military vehicle<br />
maintenance business. In France, reorganization of the Credipar<br />
network, which was reduced from 32 to 16 agencies, led to nearly 80<br />
geographic transfers. Each employee was offered at least two other<br />
positions in the finance company business or in the rest of the Group.<br />
Those who didn’t accept these positions were offered jobs with other<br />
companies through a specialized outplacement bureau.<br />
Work organization<br />
6.1. Short-time working hours lost<br />
Europe outside Outside<br />
France France Europe Total<br />
Automobile<br />
Division 275,750 0 802,350 1,078,100<br />
Finance Companies 0 370 0 370<br />
Transportation<br />
and Logistics 0 670 7,800 8,470<br />
Other Businesses 10,450 (1) 0 0 10,450<br />
Total 286,200 1,040 810,150 1,097,390<br />
In almost every country of operation, working hours are determined on<br />
an annual basis, meaning that the 1,097,390 short-time hours lost in<br />
the table above concerned the entire year. They represented 0.4% of<br />
the estimated total 270 million hours worked in 2002. More than 80%<br />
of the short-time hours lost resulted from the difficult business<br />
conditions encountered in Argentina, where the 800,000 short-time<br />
hours lost helped to avoid 500 redundancies. The short-time hours lost<br />
in France mainly concerned the Rennes plant. They resulted from a<br />
decline in demand for upper-middle range vehicles in certain European<br />
markets and from difficulties in supply.<br />
(1) Concerns PMTC<br />
6.2. Overtime<br />
Europe outside Outside<br />
France France Europe Total<br />
Automobile<br />
Division 1,576,360 1,517,800 258,520 3,352,680<br />
Finance<br />
Companies 1,920 16,760 0 18,680<br />
Transportation<br />
and Logistics 338,640 35,790 15,000 389,430<br />
Other Businesses 25,780 100 0 25,880<br />
Total 1,942,700 1,570,450 273,520 3,786,670<br />
In almost every country of operation, working hours are determined on an<br />
annual basis. The number of overtime hours represented 1.5% of the total<br />
hours worked in the Group during the year. In response to the more than<br />
40% increase in unit sales in the past four years, a number of structural<br />
solutions have been implemented, including additional shifts and non-stop<br />
operation during vacation periods. As a result, Group plants worked<br />
at 117% capacity compared with the two-shift benchmark.<br />
6.3. Special work schedules (1)<br />
Special work schedules France Europe outside France Outside Europe Total<br />
Double shifts: 29,880 Double shifts: 9,650 Double shifts: 850 (Brazil 852) 40,390<br />
Automobile Division Triple or night shifts: 16,270 Triple or nights shifts: 4,800 Triple or nights shifts: 10 21,080<br />
Weekend*: 3,690 Weekend*: 1,230 4,920<br />
Finance Companies<br />
No special work shedules<br />
Double shifts: 860 Double shifts: 120 Double shifts: 20 1,000<br />
Transportation and logistics Triple or night shifts: 170 Triple or night shifts: 360 530<br />
Weekend*: 10 Weekend*: 90 100<br />
Double shifts: 810 810<br />
Other Businesses Triple or night shifts: 20 20<br />
Weekend*: 0 0<br />
*Weekend shifts (generally Friday, Saturday and Sunday) are shorter than regular shifts.<br />
To meet strong sales demand, special work schedules have been introduced, mainly in the production plants. Sochaux and Ryton, for example, now<br />
work a weekend shift.<br />
(1)<br />
The figures correspond to the number of employees concerned.<br />
194<br />
<strong>PSA</strong> <strong>PEUGEOT</strong> CITROËN - APPENDICES TO THE MANAGING BOARD REPORT