No power train without Miba technology

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Employees
Our success as a company is driven by the personal development of all our employees.
Their dedication and their commitment to high performance made it possible for Miba to
meet the challenges of the past business year. Together, our employees work constantly to
improve processes and further develop the company.
The Miba Group had an average of 2,613 employees at 11 sites around the world in
2009-2010, compared to 2,855 employees the previous year. As of January 31, 2010 – the
reporting date – the headcount stood at 2,620 (compared to 2,825 on January 31, 2009).
The decrease in personnel resulted from capacity adjustment measures and was primarily
concentrated at the Slovakian sites. Personnel expenditures totaled EUR 108.8 million in
2009-2010, an 11 percent decrease from the previous year’s level (EUR 121.7 million).
The sites in Austria employed 60 percent of the Miba workforce. About nine percent
of Miba’s employees are college or university graduates and about 20 percent are women.
The average Miba employee is 38 years old and has been with the company for about ten
years.
Miba set itself the declared goal of holding onto its qualified core staff despite the difficult
months, while adjusting the personnel structure appropriately. The company reacted to the
massive reduction in orders with a broad range of personnel policies such as reduced overtime
and vacation time, educational leaves, short-time work, cuts to working hours and salaries,
and the introduction of new models for working hours. In all crisis-related adjustments,
it was essential for us as a responsible employer to adhere to the Miba Values and the Miba
approach to human capital management.