53

20 19 NFR

TRAIN EMPLOYEES IN ACCORDANCE WITH THEIR DUTIES AND REGULATIONS

APPROACH AND METHODOLOGY

RESULTS

The Group s objective is to ensure that current employees maintain and improve their skills while accounting for their current and future needs and the Group s strategy.

For this purpose, a dedicated education budget is set aside each year to cover the training required by employees. Individual needs can be expressed at end- of-year evaluations and are discussed with management at the start of the year. In order to ensure alignment with the Group s strategy, individual requests are accompanied by an education policy that is redefined each year. This policy promotes key skills in management and business development and supports internal transfers, relocations and new arrivals.

In 2019, for example, the Group provided general training in the following areas: foreign languages, management, project management, oral communication in English and French, cultural differences, professional efficiency and coaching, an introduction to financial markets, office technology, business line expertise, client relationships, regulatory requirements and changes, etc.

Number of employees receiving training in France (permanent contracts)

Number of employees receiving training in Germany (permanent contracts)

446 484521

2018 20192017

531561 613

20182017 2019

PERFORMANCE

Percentage of employees who received

training during the year:

of employees in

France received

training in 2019.

of employees in

Germany received

training in 2019.

82% 52%