2005 results- page 1
HUMAN RESOURCES
Luxottica Group’s workforce, at year-end 2006, numbered 49,325, an increase of 6.3% over the previous year. Approximately 7,027 employees work in Italy.
The substantial change in the number of employees primarily resulted from the increase in production capacity and expansion of the retail business during 2006.
To support Luxottica Group’s development plans, there was a major effort to further strengthen corporate-level processes, systems and instruments for managing and developing human resources during 2006. Such activities included:
- Adoption of a labor requirement planning system (qualitative and quantitative);
- Expanding the role that the Group plays in the labor market through partnerships with top universities in countries of major interest to the organization;
- Widespread application of performance assessment systems, based not only on the capacity to deliver business objectives, but also on personal conduct in daily work;
- Offering competency development programs at the operative, technical and managerial levels;
- Adoption of online internal communication systems and the use of surveys to analyze employees’ expectations and continuously improve the fostering of the Group’s values;
- Further fine-tuning of Luxottica Group’s compensation policies and systems designed to reward management’s success in creating value and retaining and motivating key people within the organization; and,
- Defining succession plans to ensure managerial continuity and offer ongoing career opportunities to the best talent in the organization.