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2005 Annual Report - Touax

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Employees<br />

Composition of the workforce<br />

The composition of the workforce by geographic region and business segment as at 31 December <strong>2005</strong> is as follows:<br />

Shipping Modular River Central<br />

containers buildings barges Railcars services Total<br />

Europe 22 131 119 7 25 304<br />

Asia 3 3<br />

United States 2 35 1 38<br />

Total 27 166 119 7 26 345<br />

Profit-sharing and stock options<br />

The share subscription or purchase options and<br />

share subscription warrants granted by TOUAX SCA<br />

are detailed in the notes to the consolidated financial<br />

statements page 46.<br />

Industrial relations policy<br />

The Group has implemented three types of industrial<br />

relations measure in order to fulfill the requirements<br />

arising from its development.<br />

Pragmatic, day-to-day dialogue with all stakeholders<br />

allows:<br />

2 optimization of industrial relations,<br />

2 a more effective response to the needs expressed,<br />

2 more rapid adaptation to developments while harmonizing<br />

personnel management practices.<br />

This approach makes it easier to anticipate forthcoming<br />

cyclical and structural changes.<br />

This dialogue takes place in respect for the rights of<br />

each of the parties concerned and in a spirit of openness<br />

and transparency. The decisions and actions<br />

resulting from this continuing dialogue are applied<br />

ethically.<br />

This approach underpins the success of all the<br />

actions undertaken by the Group in the human<br />

resources area. The development of skills and internal<br />

mobility have become two pivotal features of<br />

human resource management. The skill development<br />

strategy takes into account the individual<br />

expectations of employees, their original skills and<br />

the current and future requirements of the Group.<br />

The concerted implementation of individual training<br />

plans meets these different needs and is now one of<br />

the internal drivers of the development of the skills<br />

of the employees.<br />

The individual training plans promote both the personal<br />

development of employees and internal mobility<br />

within the Group, which has become an active feature<br />

of personnel management in the last two years.<br />

This policy plays a role in improving the motivation of<br />

all the employees and is now an established part of<br />

the corporate culture of TOUAX.<br />

An active policy is pursued with regard to safety in<br />

order to fulfill the legal and regulatory obligations,<br />

but also in terms of prevention of occupational risks.<br />

This policy is based on an expansion of work procedures.<br />

In order to obtain results, the Group has commissioned<br />

a safety audit and has implemented a<br />

preventive action plan, the key points of which are:<br />

2 raising awareness of the prevention of occupational<br />

risks among all employee groups,<br />

2 regular training on safety and first aid,<br />

2 the distribution of booklets on prevention and<br />

safety,<br />

2 the monitoring and checking of recommendations<br />

by the holding of bi-monthly meetings at the various<br />

sites,<br />

2 a system of internal reporting.<br />

This practical, day-to-day policy generates human<br />

added value, which has a positive impact on the quality<br />

process and the commercial image of the Group.<br />

Employee participation in the capital<br />

The company does not publish a social report.<br />

There is no personnel profit-sharing scheme.<br />

However, certain categories of personnel (executives,<br />

sales personnel) benefit from individually set<br />

annual performance-related bonuses or stock<br />

options.<br />

annual report <strong>2005</strong><br />

41

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