SanomaWSOY - Annual Report 2003


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In brief
Key figures
Organisation
Year 2003
Goals
Management Review
Outlook 2004
Governance
    » Corporate governance
    » Risk management
    » Board of Directors
    » Management Group
    » Investing in SanomaWSOY
Personnel
Environment

Personnel

SanomaWSOY has a group-wide personnel policy, which is further clarified by division-specific objectives. The Parent Company’s personnel team develops Group HR procedures and services in collaboration with division’s HR experts and management.

The focus during 2004 will be on developing strategic personnel management and identifying common tools for assessing individual competence and the requirements of different job positions

In-house training

SanomaWSOY launched two Group-wide training schemes in 2001. The SanomaWSOY Executive Program, SWEP, focuses on developing strategic thinking and management, and is headed by prominent business experts. SanomaWSOY’s special professional Management Training Program, JET, offers practical tools for business development. As of the end of 2003, 125 Group employees had participated in SWEP and 142 in JET.

An in-house training course for supervisors, Esimiehen työkalupakki (Supervisor’s Toolkit), was launched in 2003 in collaboration with WSOY Business Training. The Group has also had a Media Trainee Program since 1999; as of the end of 2003, 18 trainees had participated in the program. Each division also provides its own training specifically aimed at improving professional skills.

All training programs will be continued and developed further in 2004.

Bonus scheme

All SanomaWSOY employees are covered by annual incentive systems. The general principles followed in these are established on a Group-wide level and confirmed by SanomaWSOY’s Board of Directors. Further information about remuneration can be found under Corporate Governance.

Internal mobility

SanomaWSOY aims to increase the internal mobility of its personnel over the next few years. After the number of employees wishing to participate in job rotation have been ascertained, these people will form a skills reserve for future needs. Greater internal mobility will help

SanomaWSOY achieve its goals and accelerate changes in operations and structures.

Personnel

   2003  2002 2001 2000
 Personnel under employment contract, average  17 330  18 657 15 129 13 364
 Personnel, average (full-time equivalents)  14 207  15 210 12 077 10 350
 Net sales per employee *), € 1,000  171.3  155.0 143.6 140.0

Personnel by country 31 Dec. 2003

Finland 9 387       Czech Republic 313       United Kingdom 59       Germany 12
Netherlands 2 207 Sweden 173 Slovakia 53 USA 5
Estonia 873 Norway 136 Malaysia 20 Singapore 4
Latvia 643 Croatia 77 Denmark 18 China 3
Belgium 524 Lithuania 72 Russia 14    
Hungary 389 Romania 72 France 13    
             


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A business simulation at SanomaWSOY’s JET seminar. Lassi Tolonen, Hannele Seppä, and Tiina Taos. Sanoma Magazines Budapest’s advertising team at an in-house training event. The Sales Challenge competition between the Group’s sales teams.
SanomaWSOY
Sanoma Magazines
Sanoma
WSOY
SWelcom
Rautakirja
Financials