Permanent
NATIONALITY OF LOCAL MANAGEMENT
Moncler operates directly in around 75 countries, with five regional structures, through local offices where senior man- agement teams work in synergy with the corporate offices in their areas of expertise.
Despite the lack of a specific policy, the Company has always favoured the hiring of qualified local professionals, whose skills and knowledge of the market enable a better understanding of country-specific competitive dynamics and cultures. This approach, along with strong organizational in- tegration on a global scale, has led to the creation of signifi- cant value for Moncler.
About 98% of senior managers in the various Regions were hired locally, with no substantial difference in gender.
2020 2019 2018
EMEA (including Italy) 100% 100% 100%
Americas 100% 100% 100%
Asia 97% 97% 100%
2020
Employees at 31/12/2019 4,569
New hires4 1,333
Departures4,5 (1,504)
Employees at 31/12/2020 4,398
LOCAL SENIOR MANAGEMENT
EMPLOYEE TURNOVER
TEMPORARY AND PERMANENT EMPLOYMENT CONTRACTS
2018 2019 2020
3. Negative turnover is the ratio of permanent employees who left the Company in 2020 (638) to total permanent employees (3,928) at 31 December 2019. 4. Both temporary and permanent employees. 5. Including 70 temporary employees whose contract expired on 31 December 2019.
Temporary
EMPLOYMENT CONTRACTS
A total of 89% of employees have a permanent employment contract, roughly unchanged since 2019, with 93% of them working full-time.
Temporary contracts, reflecting the seasonal nature of various business and retail operations, decreased by 32% compared to 2019 as a result of reduced store traffic and temporary closures caused by the measures taken to limit the spread of COVID-19.
In 2020, 151 temporary contracts were converted to permanent, demonstrating the Company s commitment to consolidating the workforce and retaining personnel.
At year-end 2020, 256 people were working for Mon- cler under other arrangements (internships, temporary, etc.), as permitted by law and in relation to business needs. A total of 16% of these were internships, which Moncler views as an important way to recruit future talents. See also page 192.
TURNOVER
In 2020, negative turnover was 16%3 compared with 21% the previous year. This amount relates mainly to retail personnel and is considered a phenomenon to be expected, given the competitive dynamics in this sector.
During the year, around 1,300 people were hired un- der temporary or permanent contracts, of whom more than 70% were women and 46% younger than 30. About 1,500 employees left the Company. See also pages 192-193.
82.6%
17.4%
89.3% 84.8%
10.7%15.2%
7978 CONSOLIDATED NON FINANCIAL STATEMENT 2020NURTURE GENIUS