financial report and registration document 2011 - Groupe SEB

3 Social
Corporate, social and environmental responsibility
performance indicators
3.2. SOCIAL PERFORMANCE INDICATORS
2011 non-financial indicators reviewed �
The Groupe SEB human resources policy is based on major factors such as
the respect of Human Rights, the development of skills, health and safety
in the workplace, dialogue with labour organisations, diversity and equal
opportunities.
All data provided below concern our worldwide operations, except for
information clearly identifi ed, which does not include Supor. These data do
not include Asia Fan (Vietnam) and Maharaja Whiteline (India), companies in
which Groupe SEB acquired a 65% and 55% stake, respectively, in 2011.
Payroll and charges
(Worldwide)
(in € millions)
Data concerning these new acquisitions will be included progressively, as
and when they are integrated into the various Group processes.
Highlights in 2011 include the integration of data from Imusa, a Colombian
company acquired by Groupe SEB at the end of February 2011, as well as
a 17% drop in the absenteeism rate since 2010, i.e. a drop of almost 50%
over the last two years.
2011 2010 2009
World France World France World France
Payroll (a) 450.7 221.2 429.3 215.8 381.2 210.8
Payroll taxes (b) 116.6 63.7 112.6 62.3 104.0 59.8
Pension provisions 42.3 36.8 39.3 33.8 37.8 33.8
(a) Excludes bonuses and profi t-sharing – includes provisions for holiday pay, excluding individual benefi ts.
(b) Includes provisions for payroll taxes on holiday pay.
Since Imusa was acquired at the end of February in 2011, the data included
for this Colombian subsidiary cover March through December. The fi gures
for 2010 and 2009 do not include newly-acquired entities (Imusa, Asia Fan
and Maharaja Whiteline).
Breakdown of employees by geographical zone �
(Worldwide)
(number of individuals) 2011 2010 2009
France 5,904 5,820 5,944
Other Western European countries 1,372 1,416 1,405
Central Europe, CIS and other countries 736 727 669
North America 673 726 649
South America 2,818 2,268 2,026
Asia/Pacifi c 12,485 12,101 9,970
TOTAL 23,988 23,058 20,663
In two years, the Group’s total number of employees has increased by 16%. This change in the number of employees can be explained primarily by the
increase in operations, and thus an increase in employees, in the Asia/Pacifi c region, as well as by the acquisition of Imusa in Colombia, which added almost
650 employees to the global workforce.
46 GROUPE SEB Financial Report and Registration Document 2011