133 / 168
133
INFORMATION REGARDING THE COMPANY AND CORPORATE GOVERNANCE
7
■■
Strategic Committee:
the Committee met once in 2017.
It reviewed the Group’s 2017-2021 strategic plan presented by
the senior management of LISI, together with the leaders of the
Aerospace, Automotive and Medical divisions and approved the
strategic orientations that were exposed to it in detail as well as
the key figures in this plan. It also took note of the key issues that
derived and that senior management intends to address during
financial year 2018.
■■
Nominations Committee:
the Committee did not meet in 2017.
2.3
|
EMPLOYEES
2.3.1 Headcount
2.3.1.1 Registered employees at period end by category
The table below shows the breakdown of Group staff by category:
12/31/2017
12/31/2016
DIFFERENCE
N/N-1
Management
1,258
1,174
7.2%
Supervisors
953
895
6.5%
Staff and
workers
9,747
9,518
2.4%
TOTAL
11,958
11,587
3.2%
2.3.1.2 Registered employees at period end by division
The table belowshows a breakdown of Group staff by business activity:
2017
2016
DIFFERENCE
N/N-1
LISI AEROSPACE
7,251
7,386
(1.8%)
LISI AUTOMOTIVE
3,773
3,265
15.6%
LISI MEDICAL
909
915
(0.7%)
Holding company
25
21
19.0%
TOTAL
11,958
11,587
3.2%
Temporary workers
engaged
1,159
1,156
0.3%
2.3.1.3 Geographic distribution of the headcount
The table below shows the breakdown of staff by geographic area:
2017
as a % 2016 as a %
Africa
356
3.0% 354
3.1%
Asia
995
8.3% 945
8.2%
North American continent
2,192
18.3% 1,916 16.5%
Europe (excl. France)
1,866
15.6% 1,978 17.1%
France
6,455
54.0% 6,359 54.9%
Mexico
94
0.8% 35 0.3%
TOTAL
11,958 100.0% 11,587 100.0%
2.3.1.4 2017 Consolidated turnover
EFTAW*
Voluntary departures
Turnover rate
12,752
674
5.64%
* Equivalent full-time average wage.
2.3.2 Profit-sharing, incentive and share-based compensation
2.3.2.1 Employee incentive
a) Profit-sharing and incentive plan
Profit-sharing
Thefundspaidoutintheformofspecialreservesforprofit-sharingduring
the past three years are as follows (inmillion euros):
2017
2016
2015
3.8
5.2
4.8
Incentive plan
Most of the companies within the Group have an incentive system
allowing employees to participate actively in the Group’s performance.
The methods for calculating the sums involved depend on the criteria
of each company.
b) Group Savings Plan (PEG)
In 2001, the LISI Group created a Group Savings Plan dubbed “LISI en
actions” for its French companies. This plan facilitated participation
in 2001, 2004, 2006, 2010 and 2014 in capital increases reserved for
employees in the sums of €1.47 million, €0.8 million, €1.18 million,
€0.9 million and €1.8 million, respectively.
For other years, the PEG was renewed in the form of a repurchase of
shares.
The levels of voluntary contributions by employees, the profit-sharing
and the extent of profit-sharing plans are set by the Company in
accordance with a schedule.
Benefits granted to employees under the Group Savings Plan are
recorded to the income statement and assessed in accordance with
IFRS 2.
As at December 31, 2017, the “LISI en actions” plan consisted entirely
of LISI shares, for a total of 715,000 shares, and had 2,261 members.
c) Employee shareholding
The percentage of share capital held by the Group’s employees stood
at 1.3% as at December 31, 2017.
LISI 2017 FINANCIAL REPORT