Financial indicators
Headcount and payroll
1. Registered headcount
It deals with people who are registered in the entity’s book: one person is considered as one employee no matter if its employment contract is a full-time or a part-time contract, and a fixed term or a permanent contract.
2. Used headcount
Full Time Equivalent Headcount working in an establishment with a Group Work contract (temporary staff, employed and paid by a staff agency, are excluded).
Calculation:
(+) | Registered headcount |
(-) | Personnel not available (long-term sick leave, invalid, parental leave, etc…..) or exempted from work (ex.: end-of-career leave) |
(-) | Group headcount registered in the entity, but used in other entities |
(+) | Group headcount registered in an other subsidiary, but used in the entity under consideration |
(-) | Part-time complement (time not worked by part time employees, converted into a number of full time staff) |
Trainees are not taken into account.
3. Payroll
Corresponds to wages plus expenses, except social costs due to the restructuring of some Group’s entities (Resources guarantee and, end-of-career leave).