LA1-3: Employment

Workforce

The average number of Electrolux employees during 2011 was 52,916 (51,544). At year-end, the total number was 57,860 (50,920).

Employee turnover rate

The 2010 84% internal hiring ratio for senior management is considered healthy in global manufacturing operations. See table LA2: Employee turnover.

Employee feedback

The Employee Engagement Survey (EES) measures corporate culture, team efficiency, employee engagement and leadership. In 2010, the survey was distributed to some 16,000 employees and had a global response rate of 74%.

The results of the 2010 EES show that Electrolux is in line with and/or exceeds the external benchmark for employee engagement. Key improvement areas include continual performance feedback and recognizing employee performance. The next survey will take place in April 2012.

Employees and employee benefits

The Workplace Standard stipulates that all employees are expected to be remunerated at levels no less than local minimum wage based on legally-stipulated working hours. Additionally, each operational unit is responsible for providing its employees with all legally-mandated benefits to which they are entitled (i.e.: medical and social insurance and pensions). For more information, see the Workplace Standard.

Electrolux applies both long-term and short-term incentive programs to fulltime employees. Benefits to Group and senior management are described in the Board of Directors report in the Annual report. Compensation for the members of the highest governance bodies, senior managers and executives are currently not based on the Group's social and environmental performance.

Tables

LA1: Employees by geographical area

Some 9,400 new employees were added to the Group through acquisitions of Olympic Group and CTI. Wherever Electrolux operates in the world, the company applies the same high standards and principles of conduct.

Related information on Electrolux.com

Workplace Standard