Henkel Annual Report 2019
The Company
Shares and bonds
Corporate governance
Combined management report
Fundamental principles
of the Group
Economic report
Henkel AG & Co. KGaA
(condensed version
according to the German
Commercial Code [HGB])
Risks and opportunities report
Forecast
Consolidated financial statements
Further information
102
Employees Employees by organizational unit 68
Our employees shape our company through their commit- Adhesive
Functions 15 % Technologies 49 %
ment, knowledge and skills. They are instrumental in driving
our long-term success. We strive to foster a corporate culture
that is agile, motivating and performance-driven, to enable us
to drive our strategic priorities together. To achieve this goal, Beauty Care 18 %
we create a modern and inspiring working environment where
team spirit plays a key role – all of which builds on an open
and appreciative leadership culture. We strengthen the loyalty Laundry &
Home Care 18 %
of our employees through motivating and specific upskilling
activities while also supporting them in their personal develop- At December 31, 2019
ment. To reinforce the importance of this leadership culture,
we have further developed our Leadership Principles and
formulated new Leadership Commitments that apply to all survey was conducted on this topic in July, revealing an overall
Henkel employees, regardless of whether or not they lead a positive response. Our goal is to anchor the Leadership Com-
team. This new understanding of leadership culture forms the mitments firmly in our world of work and to successfully align
basis for collaboration both within the teams and at the level our actions to them.
of each individual. We therefore place high expectations on
our employees in terms of leadership behavior, agility and What makes Henkel special
collaboration. At the same time, we are aware that this cultural Everyone who works at Henkel moves in an environment
change offers the opportunity to challenge and improve the characterized by its international nature and diversity. We are
status quo. The Leadership Commitments were introduced represented by around 52,450 employees (as at year-end 2019)
globally in January 2019. Leadership Activation Sessions with 120 different nationalities operating in 78 different
have been ongoing since February 2019, aimed at involving countries. At December 31, 2019, the number of employees had
all employees in active dialog relating to our Leadership thus decreased compared to around 53,000 as of year-end 2018.
Commitments. To obtain a first impression of the impact and The slight decline was due to synergies resulting from our
understanding of our Leadership Commitments, an employee acquisitions and ongoing adjustments in all business units.
67 69
Payroll cost and average employee numbers Women in management
2018 2019 in percent 2015 2016 2017 2018 2019
Payroll cost in million euros 3,128 3,195 Henkel 33.6 33.1 34.3 34.4 35.5
Average employee numbers 53,450 52,650 Managers 33.1 34.3 34.5 34.7 35.7
Top managers 1 21.1 22.5 23.2 22.9 24.3
1 Corporate Senior Vice Presidents, management circles I and IIa.