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2006 SUSTAINABLE DEVELOPMENT REPORT

2006 SUSTAINABLE DEVELOPMENT REPORT

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Apprenticeship at L’Oréal,<br />

a means of promoting excellence.<br />

Welcoming apprentices:<br />

a strong commitment<br />

Apprenticeships at L’Oréal<br />

L’Oréal has a long tradition of training young people.<br />

In 1993, L’Oréal extended its young persons<br />

training initiative by setting up an apprenticeship<br />

policy based on quality and selection.<br />

This has now become a real resource for the professional<br />

inclusion of young people and the management<br />

of human resources and diversity within<br />

the company, combining theoretical training at a<br />

work/study training centre with initial work experience.<br />

L’Oréal signed the Apprenticeship Charter in France<br />

in 2005, and by December <strong>2006</strong> had 430 apprentices<br />

on work/study courses in France* (apprenticeship<br />

contracts and professionalisation contracts), representing<br />

3.6% of total employees*.<br />

Every level of qualification (from an initial vocational<br />

diploma to a postgraduate qualification) and<br />

every type of job (secretarial, research, industrial,<br />

managerial, commercial, communication, human<br />

resources, IT) are represented.<br />

> INTERNATIONALISATION<br />

L’Oréal sees apprenticeship as a means of promoting<br />

excellence that gives young people the<br />

resources to be successful by enabling them to<br />

acquire specific skills. L’Oréal gives them the<br />

possibility of being given real responsibilities<br />

within one of the group’s teams. The volunteer<br />

apprenticeship mentors receive special training<br />

and ensure that the apprentice is monitored and<br />

assessed regularly as they pass on their knowledge<br />

and skills on an everyday basis.<br />

2007 will be Apprenticeship Year, acknowledging<br />

the commitment of all concerned, reviewing at<br />

the group’s policy on apprenticeships, organising<br />

the pooling of experience in France and in other<br />

countries, and pinpointing any areas for improvement.<br />

A MOTIVATING COMPENSATION AND<br />

BENEFITS POLICY<br />

L’Oréal is successful thanks to the quality of its<br />

employees and each individual’s commitment contributes<br />

to the group’s growth process.<br />

Recognising individual contribution<br />

L’Oréal’s global pay policy reflects its recognition of<br />

employees’ involvement in the company’s development<br />

and at the same time aims to attract talented<br />

individuals.<br />

Although it applies to all the group’s employees,<br />

the application of the policy varies according to the<br />

job and to the level of responsibility involved.<br />

In all its units, the group’s compensation policy<br />

is based on an appraisal system standardised all<br />

over the world that recognises individual performance.<br />

Each employee’s career and salary is managed<br />

individually.<br />

Offering a competitive<br />

compensation package<br />

L’Oréal’s objective is to offer a competitive compensation<br />

package to attract and retain talented<br />

individuals. In order to ensure its objective is ful-<br />

The internationalisation of the apprenticeship scheme involves making international opportunities<br />

available for French apprentices, particularly in Great Britain, Spain and Poland, and<br />

developing all kinds of work/study training by subsidiaries in Europe and the United States.<br />

This means that, during their three-year apprenticeship with L’Oréal, apprentice engineers have<br />

the opportunity of spending three months at one of the group’s European production sites.<br />

This experience in another country gives the young apprentices an opportunity to supplement<br />

the skills acquired in France, to experience a different culture, and to perfect<br />

their knowledge of another language. About twenty apprentice engineers had the benefit of<br />

these international opportunities in <strong>2006</strong>.<br />

SOCIAL AFFAIRS<br />

Sustainable Development Report_L’ORÉAL <strong>2006</strong> / 35

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