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Workforce at 31 December <strong>2013</strong> by type of employment contract and business line, and change<br />

VINCI<br />

Autoroutes<br />

VINCI<br />

Concessions<br />

VINCI<br />

Energies<br />

<strong>2013</strong> 2012 <strong>2013</strong>/2012<br />

Eurovia<br />

VINCI<br />

Construction<br />

VINCI<br />

Immobilier<br />

and holding<br />

cos. Total Total Change<br />

Permanent job contracts (*) 7,441 9,756 57,338 37,731 52,274 704 165,244 87% 167,104 (1%)<br />

Site contracts (**) 5 1 197 185 1,530 – 1,918 1% 1,634 17%<br />

Fixed-term contracts (***) 121 818 2,869 1,386 13,890 18 19,102 10% 19,517 (2%)<br />

Work-study programmes 74 51 2,215 876 1,187 37 4,440 2% 4,446 0%<br />

Total 7,641 10,626 62,619 40,178 68,881 759 190,704 100% 192,701 (1%)<br />

REPORT OF THE BOARD OF DIRECTORS 159<br />

Temporary employee<br />

(full-time equivalent)<br />

16 844 7,041 4,261 17,844 23 30,029 16% 28,233 6 %<br />

(*) Unlimited-term contracts for France.<br />

(**) Contract type specific to France.<br />

(***) Fixed-term contract for France.<br />

Worldwide intra-group transfers<br />

<strong>2013</strong><br />

VINCI VINCI VINCI<br />

VINCI VINCI Immobilier<br />

Autoroutes Concessions Energies Eurovia Construction and holding cos. Total<br />

Transfers within a business line 9 44 1,556 370 681 – 2,660 97%<br />

Transfers to another business line 9 5 22 7 27 7 77 3%<br />

Total 18 49 1,578 377 708 7 2,737 100%<br />

1.2.2.3 Reasons for departure<br />

The Contracting business lines (Energy, Roads and Construction) execute their projects at temporary worksites over a relatively short period.<br />

They traditionally employ a large number of people whose contracts expire once the project is completed or who seek employment with<br />

another local company to avoid having to move. In the Concessions business, particularly in the Motorways business line, the seasonal<br />

variations in activity also explain the number of departures, as seen in expired contracts.<br />

Departures by business line (*) , and change<br />

<strong>2013</strong> 2012 <strong>2013</strong>/2012<br />

VINCI VINCI VINCI<br />

VINCI<br />

VINCI Immobilier and<br />

Autoroutes Concessions Energies Eurovia Construction holding cos. Total Total Change<br />

Expired contracts (**) 5,408 889 3,460 2,715 13,580 32 26,084 54% 27,356 (5%)<br />

Resignations 46 857 2,974 2,327 4,009 21 10,234 21% 9,407 9%<br />

Redundancies – 113 728 567 758 – 2,166 5% 2,557 (15%)<br />

Dismissals 109 321 2,136 698 1,780 8 5,052 11% 4,989 1%<br />

Other reasons (***) 79 124 1,091 2,048 1,136 21 4,499 9% 3,087 46%<br />

Total 5,642 2,304 10,389 8,355 21,263 82 48,035 100% 47,396 1%<br />

(*) Excluding changes in consolidation scope.<br />

(**) Expiry of fixed-term, site or work-study contract, or retirement.<br />

(***) Includes termination during trial period, partial loss of business and mutually agreed contract termination (for France).<br />

1.2.2.4 Workforce reduction and employment protection plans, redeployment efforts, rehiring and support measures<br />

After a period of intense recruitment, some companies must now contend with restructuring, and even discontinuation of business, due to<br />

the economic and financial crisis. Since VINCI’s operations cannot be relocated, senior management and human resources managers work<br />

together to ensure economic and social solidarity through job mobility and redeployment plans, which are facilitated by the Group’s extensive<br />

presence. Similarly, when VINCI makes an acquisition, it strives to retain staff whenever possible, since they are the guardians of valuable<br />

skills and expertise, while benefiting from Group synergies to share resources and operate in networks. Some Group companies occasionally<br />

implement redundancy plans or redeploy employees. On the major sites, Group companies have to manage redundancy and staff redeployment<br />

moves that can sometimes be on a large scale. VINCI’s Human Resources Department and local HR managers regularly review sites<br />

that are experiencing business or employment difficulties in and outside France.<br />

In <strong>2013</strong>, businesses in some European countries, particularly hard hit by the economic crisis, underwent major restructuring: in the Czech<br />

Republic, Spain and Italy at VINCI Construction; and in the Czech Republic, Poland and Germany at Eurovia.

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