Operations and Business Environment - Fresenius Medical Care

02. 3
Our Fiscal year
02. 3 Non-Financial
Performance Indicators
Employees
Development of Employee Numbers
At the end of 2006, Fresenius Medical Care employed
56,803 people (full-time equivalents), which represents
an increase of 20 % or 9,282 employees compared
with the previous year. The increase was primarily due
to the acquisition of Renal Care Group (RCG). The
number of employees has grown by an average of 8 %
per year since the Company was founded in 1996.
Fresenius Medical Care’s personnel costs amounted
to $ 2.72 billion in 2006, 30 % up on the previous year.
The average costs per employee were about $ 47.9
thousand.
The number of employees increased by 20 % in 2006,
while currency-adjusted revenue rose by 25 % and
net income climbed by 17 %. These figures show that
work efficiency continued to improve and Fresenius
Medical Care grew profitably in 2006.
80
As RCG is active exclusively in the U.S., the number of
employees in North America grew substantially, by
25 %, after the acquisition. In Europe, staff numbers
rose due to the expansion of our dialysis clinic network,
particularly in Eastern Europe and Southwest Europe,
and due to the acquisition of a small production site
in Serbia.
At the end of 2006, we employed about 3,000 people
in Germany, accounting for about 5 % of our total
workforce. This illustrates the high degree of internationalization
of Fresenius Medical Care. In the year
under review, no significant changes were made to
wage or operating agreements in Germany.
Integration of Renal Care Group
The integration of over 7,000 RCG employees was at
the center of our personnel activities in 2006. To facilitate
the integration, orientational events and integration
seminars were organized for the employees of the
clinics run by RCG and for RCG’s management. Integration
seminars were held at the local, regional, and
national level.
Human Resources Marketing and Development
In an environment characterized by dynamic growth,
recruitment of highly qualified expert staff and management
is a challenge of human resources work. Therefore,
continual and sustained personnel development
Employees
Full-time equivalents
2006 56,803
2005 47,521
2004 44,526
2003 41,097
2002 39,264
Employees by Region
Full-time equivalents 2006 2005 Change
North America
Europe / Middle East / Africa
Latin America
Asia-Pacific
Total
37,541
12,443
5,206
1,613
56,803
30,129
11,208
4,799
1,385
47,521
25 %
11 %
8 %
16 %
20 %
Fresenius Medical Care 2006