Luxottica Annual Report 2007
2007 results- page 4

2007 RESULTS

HUMAN RESOURCES

As of December 31 2007, Luxottica Group’s work force numbered 61,903 worldwide, of whom 7,791 in Italy, up 25.5% on the previous year.
The substantial change in the number of employees was due mainly to new internal production capacity and the integration of the Oakley organization into the Group.

In 2007, human capital development programs launched in 2006 were carried forward in the following seven priority areas of action:

  • adoption of a professional labor requirement planning system (qualitative and quantitative);
  • upgrading of Luxottica’s role 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 capacity to deliver business objectives but also on personal conduct in daily work;
  • offering competency development programs (operative, technical and managerial);
  • adoption of on-line internal communication systems and organization of surveys to track employees’ expectations and continually improve value propositions in their favor;
  • definition of Group remuneration policies and systems designed to reward management’s success in creating value and to retain and motivate key people within the organization;
  • definition of succession plans to ensure managerial continuity and offer continual career opportunities to the best talents in the organization.
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