VALEO AND ITS EMPLOYEES
As a technology company with nearly 83,000 employees in 30 countries, Valeo has made its Human Resources policy a driver for growth. Designed to take into account the market’s specific local, cultural and economic conditions, the Group’s Human Resources actions are underpinned by objectives on workplace health and safety, employee engagement, attractiveness, talent development and diversity.
UMAN RESOURCES: A POLICY BASED ON A STRATEGY AND VALUES Valeo’s Human Resources strategy plays a key role in the Group’s international development and positioning as a high-tech company. This strategy is instrumental in tackling the many challenges encountered by Valeo worldwide in developing and managing human resources, from engaging in the war for talent to building and sharpening advanced skills and sustaining employability. The Human Resources policy also aims to promote the Valeo Values of ethics, transparency, empowerment, professionalism and teamwork. AN INCREASINGLY INTERNATIONAL WORKFORCE Valeo employed nearly 83,000 people at end-2015, an increase of 6% in total headcount compared with 2014. This rise, which is attributable primarily to an increase in engineers and managers (up 11%), supports the Group’s growth worldwide. Valeo’s success hinges on attracting top talent in fast-growing markets and in fields of high technological value, with the competencies of the Group’s teams offering by far the best guarantee of innovation and quality. In 2015, Valeo hired more than 20,000 people worldwide, including 3,855 engineers and managers, who now make up 27% of total headcount, demonstrating the Group’s strategy of investing heavily in innovation. Headcount grew substantially over the 2013-2015 period, particularly in Eastern Europe (up 20%), North America (up 15%) and Western Europe (up 6%). The extensive hiring in Asia in 2015, accounting for 36% of total hires in the Group, mirrors Valeo’s
expansion strategy in this region. In 2015, 83% of the Group’s total workforce was located in a country other than France, up from 66% in 2000, reflecting the gathering pace of Valeo’s international expansion over the years. WORKPLACE HEALTH AND SAFETY Valeo’s goal is to enable all employees to work in an environment that meets the Group’s health and safety standards. This is an integral part of the aim shared by employees and management to continuously improve the Group’s safety performance. At end-2015, 94% of Valeo sites had obtained OHSAS 18001 health and safety certification. Valeo has established systematic audits by external consultants to ensure more rigorous risk assessment and management and to improve quality performance. Risks are managed as part of a continuous improvement process in accordance with the Quick Response Quality Control (QRQC) approach adapted to safety issues at work. In terms of prevention, the Group has implemented internal rules and procedures related to the involvement of personnel. All sites have a Safety and Ergonomics Committee comprising the management team and employees, which meets monthly and suggests any necessary workstation adaptations. Safety performance is also monitored via a self-assessment by a site quality audit team, and three of the Group’s 20 key performance indicators relate to safety. While the number of hours worked increased by 3% in 2015 compared with 2014, the total number of accidents with or without lost time fell by 8.2%. These results can be credited to the “Safety First” training program in
VALEO / 2015 ACTIVITY AND SUSTAINABLE DEVELOPMENT REPORT