NATIXIS - Universal registration document and financial report 2019

First page Table of contents Previous page 485 Next page Last page

NON-FINANCIAL PERFORMANCE REPORT Employee engagement

North & South America

France

EMEA

Asia-Pacific Total Worldwide

2019

2018 2017

Hires / Departures (a)

Total new hires

1290 1 469 1 322 366 363 288 102 134 129 123 154 144 1 881 2 120 1 883

% Permanent employment contracts

68,8 62,0 55,5 89,3 92,3 87,2 100 100 100 95,9 94,2 93,8 76,2 71,9 66,3 1205 1 348 1 276 195 179 155 114 101 76 109 94 98 1 623 1 722 1 605 313 345 289 121 97 66 66 63 37 85 70 62 585 575 454

Total departures

o/w resignations o/w terminations

78 83 95 15 23 23

9 13 13

5 110 124 136

(a) Including transfers of the activities outside the managed scope. The conversion of fixed-term employment contracts to permanent employment contract are included under both new hires (permanent employment contracts) and departures (fixed-term employment contracts) .

North & South America

France

EMEA

Asia-Pacific

Total worldwide

Turnover (permanent employment contracts)

2019

2018 2017

Turnover (in %) (a)

8.8 7.0 5.5 18.7 20.9 19.5 13.5 16.1 14.6 15.2 18.1 19.2 10.4 9.0 7.4 10.0 7.5 5.9 24.7 29.2 26.5 12.8 18.3 18.4 16.1 22.3 23.5 12.0 10.4 8.6 7.5 6.5 5.1 12.7 12.7 12.6 14.3 14.0 10.8 14.2 13.8 14.9 8.8 7.6 6.3

New hire rate (in %) (b) Departure rate (in %) (c)

Average: (new hire rate + departure rate)/ 2. (a) Number of new hires during the year/average annual headcount. (b) Number of departures during the year/average annual headcount. (c)

At Natixis S.A., the collective work week is 38 hours and employees also enjoy compensatory time off in lieu of overtime. The current set of agreements on the management of working hours includes several types of contracts (part-time, short-time, special working conditions for employees with disabilities, etc.) and provides for the associated terms and conditions of compensation and social security contributions.

Work management Over 85% of employees in the Natixis France managed scope, working at 26 different companies, are covered by the collective bargaining agreements of the banking and insurance industries. There are, however, five separate agreements across the whole scope.

North & South America

France

EMEA

Asia-Pacific

Total worldwide

2019

2018 2017

Part-time workers as a % of headcount (a)

10.1 10.6 11.1 3.8 5.3 5.7 0.1 0.5 6.0 0.1 0.1 0.2 8.3 9.2 9.8 87.4 88.9 89.4 84.2 85.9 88.3 100 100 100 100 100 100.0 87.2 88.8 89.4

o/w women (in %)

(a)

Excluding pre-retirees.

France

2019

2018

2017

Absenteeism as a % of total headcount

5.8

6.1

6.2

Overtime (in number of hours)

18,603

24,561

19,532

Overtime (in annual FTE)

9.8

12.9

10.2

Quality employer-employee communications A Group-wide employment framework, quality employer-employee communications, and the ability to reach agreements form a solid framework for change management and transformation. Group-wide employment framework Collective negotiations held in recent years in the Natixis France scope reflect a determination to gradually establish a Group-wide employment framework. This framework currently consists of:

a standard framework for the Social and Economic Committee V (CSE), the new employee representation body; compensation measures, through a single Natixis employee V savings plan, a supplementary collective pension plan, a profit-sharing mechanism, and consistent salary measures; internal transfer and career management opportunities; V actions to promote the hiring of young people while retaining older V employees;

483

www.natixis.com

NATIXIS UNIVERSAL REGISTRATION DOCUMENT 2019

Made with FlippingBook Annual report