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 />
SIGNIFICANT AGREEMENTS<br />
IN THE AUTOMOBILE DIVISION<br />
IN 2001 AND 2002<br />
France: Eight agreements signed,<br />
concerning wages, working hours,<br />
vacation time, incentive systems,<br />
union rights, supplemental<br />
retirement plans and working<br />
conditions.<br />
Spain: 2001-2003 convenio signed,<br />
concerning wage increases for nonmanagerial<br />
staff, shorter working<br />
hours on an annual basis, the<br />
convergence of employee categories<br />
and the redundancy plan for the<br />
Madrid and Vigo plants.<br />
Argentina: Agreements concerning<br />
adjustments to economic conditions<br />
and flexible working hours. Renewal<br />
of the “social peace” agreement.<br />
United Kingdom: Agreements<br />
concerning negotiation and<br />
consultation, with changes in<br />
committee membership and in<br />
negotiation processes. Other<br />
agreements on increases in wages<br />
and employee contributions to<br />
pension plans, on the organization<br />
of work and the introduction of the<br />
stakeholder plan. Continuous running<br />
agreements and introduction of a<br />
fourth shift.<br />
Brazil: Collective agreements<br />
concerning a general wage increase,<br />
shorter workdays and improved<br />
living conditions, a 2002 profitsharing<br />
program, and agreements on<br />
collective vacations and flexible<br />
working hours.<br />
Germany: Agreements on a code of<br />
ethics concerning the use of new<br />
information systems, and on<br />
guidelines for managing geographic<br />
transfers in the Peugeot marketing<br />
subsidiary. Agreements on holidays<br />
and procedures governing working<br />
hours.<br />
ENCOU<strong>RA</strong>GE INVOLVEMENT IN<br />
THE COMPANY BY EMPLOYEES<br />
AND EMPLOYEE REPRESENTATIVES<br />
WORLDWIDE<br />
SUSTAINED, REVAMPED SOCIAL DIALOGUE<br />
The quality of social dialogue in a company<br />
is based on a commitment to working<br />
together and on an affirmation of the role<br />
and mission of employee representatives.<br />
The signature in France of two agreements<br />
on union rights in 1999 and 2001 reflects<br />
this commitment to involving employee<br />
representatives in the life of the company.<br />
The Group intends to pursue social dialogue<br />
by working with independent unions.<br />
Agreements on the exercise of union rights<br />
concern such areas as recognizing that<br />
employees can be union representatives<br />
while retaining their professional<br />
responsibilities, providing information and<br />
training for employee representatives and<br />
ensuring sufficient resources for the smooth<br />
functioning of union organizations. In France<br />
as in other countries, every employee<br />
working in a production plant, service facility<br />
or major marketing organization is<br />
represented by independent unions or<br />
employee representatives. Employees in all<br />
of the Group’s European units are<br />
represented by a European Works Council<br />
created in 1996.<br />
BUILDING CONT<strong>RA</strong>CTUAL RELATIONS<br />
A large number of agreements on major<br />
corporate issues were signed worldwide<br />
in 2002, in particular concerning wages,<br />
working hours, incentive systems and<br />
supplementary retirement plans. Where<br />
necessary, implementation is being tracked<br />
by a special commission that enables<br />
signatory unions to verify agreement<br />
application. Depending on national and<br />
local conditions, all of the Group’s<br />
member companies and plants contribute<br />
to social and cultural activities and help to<br />
improve the quality of worklife, with food<br />
services, transportation and employee<br />
welfare benefits. In France, more than<br />
1.5% of gross payroll is directly or indirectly<br />
allocated to employee-related activities<br />
and programs.<br />
LISTENING TO EMPLOYEE OPINIONS<br />
In France, four employee opinion surveys<br />
have been conducted by the ESTEL polling<br />
organization since 1998. In 2002, the 1,370<br />
respondents generally said they were<br />
satisfied and confident. In particular, they<br />
found their jobs interesting and appreciated<br />
the working hours and working conditions.<br />
The large majority remains confident in the<br />
outlook for jobs in the industry in general<br />
and their own job in particular. Lastly, 82%<br />
felt that their personal objectives and<br />
assignments were clearly defined, and 78%<br />
believed they were realistic. In absolute<br />
terms, these were very good numbers, and<br />
higher than in previous years.<br />
<strong>PSA</strong> <strong>PEUGEOT</strong> CITROËN - MANAGING BOARD REPORT 71