2005 Annual Report - Touax
2005 Annual Report - Touax
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 />
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