Vetoquinol Universal Registration Document 2019
STATEMENT OF NON-FINANCIAL PERFORMANCE Vetoquinol’s sustainable development goals 2 Vetoquinol Universal Registration Document 2019 Financial report 43 2.4.6 Training Number of training hours per territory 2018 2019 37,485 42,775 Europe 12,712 11,542 Americas 16,219 14,352 Asia 66,416 68,669 Consolidated total -11.5% -9.2% +3.4% +14.1% Vetoquinol continued its training initiatives at Group level and posted a slight increase (3.4%) in the number of trai- ning hours provided across the Group. As part of the “Vetoquinol In Motion” strategic plan, a new process for assessing skills and performance called “Lead” is currently being rolled out Group-wide. Veto- quinol has initiated a major training program designed to provide guidance to all employees in relation to this skills development and cultural transformation drive. This program is spread over 2019 and 2020. This is the main reason for the increase in training hours in France (included in the Europe figures), as France had to start the program in 2019 due to the large number of employees and managers requiring training, whereas most other countries will only set up the program in 2020. Training hours decreased in the Americas and Asia in the wake of the extensive training program carried out in 2017 and 2018. The 9.2% reduction in training hours in the Americas is mainly due to Brazil (Vetoquinol manufacturing and sales facility), where training hours were cut by around 25% so that priority could be placed on the organizatio- nal integration of the new Clarion employees. For 2019, only Clarion figures are reported in this document. All other staff indicators concern only the existing Veto- quinol entity in Brazil. In Asia, the 11.5% decrease in training hours was mainly related to the India subsidiary, which recorded a reduc- tion in training hours of around 15% versus 2018, when the subsidiary carried out an extensive management skills development program in addition to the usual sales force training (sales techniques and product trai- ning). In 2019, training hours in these territories reverted to levels closer to previous years but still above 2017 figures. The average overall number of training hours in 2019 was 36.4 hours per employee, well above the target set by Vetoquinol (20 hours per person per year). Vetoquinol also introduced a training program in Lean Management in 2017. In 2019, 3 managers obtained LEAN certification in France, as did 10 in Canada. Veto- quinol currently has 6 Green Belt, 21 Yellow Belt and 1 Black Belt certified employees. Enhancing the skills of Group employees is one of the priorities of the human resources department, which has imposed a minimum employee training budget on the Group’s subsidiaries. Employees approaching retirement are offered spe- cific training sessions to help them prepare for their retirement.
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