Registration Document BOUYGUES

Fairness
"All HR decisions in matters of recruitment, promotion,
training and pay, as well as any internal
sanctions that are called for, are explained to the
parties concerned. Providing clear information is
one way to make sure that all job applicants and
employees are treated fairly."
Maintaining a proactive pay policy
"Our promotion and pay policy is instrumental to
equal opportunity. This gives each employee the
incentive to meet individual career development
targets. Promotion and pay depend on individual
performance and potential as well as market value
according to supply and demand. Irrespective of
market trends, a strong pay policy is one of our
best guarantees of success."
The Group's pay policy is a key factor in attracting,
motivating and keeping staff. Proactive and
individual, it is based on external elements (rises
above the inflation rate, attractiveness to potential
candidates) as well as on the company's financial
performance.
Specific budgets are earmarked to increase the
lowest wages and to equalise pay between men
and women.
Wages are supplemented with benefits like profitsharing,
additional social protection, pension savings
plans, 13 months' pay, top-up contributions
and social and cultural activities. In France, works
councils at the Group's largest subsidiaries organise
events such as trips and Christmas parties for
employees' children, as well as subsidising meals
in company restaurants and providing sports
facilities for staff.
Several businesses provide each employee with
a personalised document summarising all these
benefits to give them an overview of their total
compensation.
averaGe annual Salary by job cateGory in 2011
Scope: France
(€ per year)
Managerial
(excl. senior executives)
Holding company
and other
Bouygues
Construction
Bouygues
Immobilier*
Colas
TF1
Bouygues
Telecom
78,534 56,949 55,478 51,717 53,196 55,393
Clerical & technical 31,999 30,722 28,348 30,508 36,683 25,659
Site workers - 25,337 - 23,110 - -
(*) Excluding sales staff
pay policieS in Group buSineSSeS
> Bouygues Construction's pay policy and
pay scales are significantly higher than
the contractual minimum and focus in
particular on enhancing low pay, especially
for clerical and technical staff and site
workers, often by setting a minimum
individual increase.
> On 27 June 2011, TF1 concluded a new
profit-sharing agreement for 2011-2013.
In 2011, the average gross amount of the
voluntary profit-sharing bonus was €3,260
per employee (in addition to an average
gross amount of €1,542 in respect of
compulsory profit-sharing).
TF1 awarded average individual increases
of 2.5% in 2011, with an additional 1%
for employees earning a gross salary of
€2,600 a month or less.
> The average salary increase at Bouygues
Telecom was 3.83%.
> On 8 June 2010, Colas and four trade
unions concluded a three-year profitsharing
agreement for subsidiaries in
mainland France. Under the agreement,
9,417 employees received a profit-sharing
bonus in 2011 based on results in 2010.
> In 2011, Bouygues Immobilier focused
on employees earning less than €1,870
a month, guaranteeing them a minimum
increase of 2.1%, on women returning
from maternity leave, and on employees
who had changed jobs or line manager
during the year. In June 2011, Bouygues
Immobilier concluded a supplement to its
profit-sharing agreement with the trade
unions, incorporating a new qualitative
criterion of "better customer satisfaction"
as part of its sustainable development
policy.
amount of profit-SharinG payoutS a
Scope: France
(€ '000)
Holding company
and other
Bouygues
Construction
Bouygues
Immobilier
Colas
TF1
Bouygues
Telecom
2011
Total Group
2010
Total Group
2009
Total Group
Voluntary profit-sharing 664 18,649 2,880 3,160 15,653 28,726 69,732 52,087 49,736
Compulsory profit-sharing 45 24,616 5,632 15,256 7,439 24,119 77,107 77,408 94,346
Total 709 43,265 8,512 18,416 23,092 52,845 146,839 129,495 144,082
(a) Paid in 2011 in respect of 2010
BOUYGUES • 2011 Registration Document • THE GROUP • Corporate, social and environmental responsibility • 38