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2
Societal,
Social
and Environmental Information
Social Indicators
Reasons for Departures
*
Breakdown of Departures by Reason
GRI
UNGC
OECD
G4-LA1
6
V
2014
2013
Resignation
3,480
4,005
Individual redundancy
4,446
4,281
Redundancy on economic grounds
419
301
End of temporary contract
1,188
1,151
Retirement
22
21
Other causes
198
269
Total
9,753
10,028
*
This data includes GVT.
The number of individual redundancies and redundancies on economic
grounds was 4,865 in 2014: 4% in France and 96% in other countries.
62% of the departures resulting from the end of a temporary contract
are attributable to France, and 38% are attributable to other countries.
Resignations at GVT represent 66% of the total number of resignations.
This number is lower due to further reinforcement of GVT’s employee
loyalty policy.
Departures for “other causes” cover, among other things, departures for
personal reasons, departures under the contract termination procedure
or termination by amicable agreement and departures for professional
negligence.
■
■
3.2.1.4.
Compensation
Pursuant to IFRS 5 – (Non-current assets held for sale and discontinued
operations), GVT, SFR, Maroc Telecom and Activision Blizzard have been
reported in Vivendi’s Consolidated Statement of Earnings as discontinued
operations or assets held for sale according to the following terms:
p
p
disposal in progress as of December 31, 2014: on September 18,
2014, Vivendi and Telefonica entered into an agreement for the sale
of GVT. Therefore, as from the third quarter of 2014, GVT has been
recorded in the Consolidated Statement of Earnings and Consolidated
Cash Flow Statement as a discontinued operation. Its contribution to
each line of Vivendi’s consolidated balance sheet is grouped together
under the lines “Assets of businesses sold or in the process of sale”
and “Liabilities associated with the assets of businesses sold or in
the process of sale;”
p
p
disposals made as of December 31, 2014: Vivendi deconsolidated
SFR, the Maroc Telecom group and Activision Blizzard as from
November 27, 2014, May 14, 2014 and October 11, 2013, respectively.
These three operations have been recorded in the Consolidated
Statement of Earnings and the Consolidated Cash Flow Statement as
operations sold or in the process of sale.
Personnel Costs
Personnel Costs
(€ million)
GRI
UNGC
OECD
G4-EC1
-
V
2014
2013
Consolidated data
1,308
1,361
Payroll Costs
Payroll Costs
(€ million)
GRI
UNGC
OECD
G4-EC1
-
V
2014
2013
C+G
437
406
UMG
730
785
Vivendi Village
39
34
Corporate
57
56
Total
1,263
1,281
Payroll Costs as a Ratio of Revenue
Payroll Costs as a Ratio of Revenue
GRI
UNGC
OECD
G4-EC1
-
V
2014
2013
Consolidated data
12.52%
12.49%
Optional and Statutory Profit Sharing (France)
This indicator includes group companies in France, by type, that have
entered into collective bargaining agreements relating to optional or
statutory profit sharing.
Optional and Statutory Profit Sharing in France
(€ million)
GRI
UNGC
OECD
G4-EC1
-
V
Consolidated data
2014
2013
Optional profit sharing
19.4
14.9
Statutory profit sharing
7.7
8.4
67
Annual Report 2014