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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Growth Strategy<br />
Corporate<br />
Governance<br />
Business Review<br />
Corporate Policies<br />
Management’s<br />
Discussion<br />
and Analysis<br />
Statistics<br />
<strong>PSA</strong> Peugeot Citroën’s employee relations and human resources policies are designed to<br />
anticipate changes in the Company and its businesses, and to implement innovative<br />
systems and processes as part of an ongoing social dialogue.<br />
They are applied in all operations worldwide and are organized around four major<br />
components: an active hiring policy, organizational flexibility adapted to the specific<br />
requirements of the automobile industry, compensation linked to Group earnings and<br />
sustained, open dialogue with employee representatives.<br />
AN ACTIVE HIRING POLICY<br />
Employees by Business and Region in 2002<br />
Europe<br />
France outside France outside Europe Total<br />
Automobile 96,160 33,800 3,920 133,880<br />
Finance Companies 930 1,190 40 2,160<br />
Transportation and Logistics 4,690 3,110 250 8,050<br />
Automotive Equipment 19,700 25,850 6,680 52,230<br />
Other Businesses 2,200 50 30 2,280<br />
Total 123,680 64,000 10,920 198,600 (1)<br />
(1) Including the Automotive Equipment Division<br />
<strong>PSA</strong> Peugeot Citroën hired 16,740 people<br />
in 2002, increasing the number of<br />
employees by more than 6,000 for the year.<br />
Over the past five years, headcount has risen<br />
by more than 58,000 people, including<br />
16,100 in the Automobile Division. Some<br />
70,500 people have been hired since<br />
January 1, 1998. Excluding acquisitions<br />
and disposals, a net 25,000 jobs have<br />
been created over the past five years,<br />
primarily outside France. Of these, 14,000<br />
have been in the Automobile Division.<br />
RECRUITING TO MEET GROWTH OBJECTIVES<br />
To meet the Group’s organic growth<br />
targets, people have been recruited in a<br />
broad range of disciplines, in a<br />
commitment to integrating a variety of<br />
educational, cultural, professional and<br />
international backgrounds. Over the past<br />
four years, nearly 60,000 people 2 have<br />
been hired under permanent contracts<br />
around the world, including 34,000 in<br />
France.<br />
(2) Including the Automotive Equipment Division, excluding<br />
fixed-term contracts.<br />
<strong>PSA</strong> <strong>PEUGEOT</strong> CITROËN - MANAGING BOARD REPORT 63
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