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Social responsibility

Action programs

Ensuring employees are committed to their

In France, Carrefour renewed its profit-sharing agreement in 2013 for

responsibilities and goals

a period of three years. Carrefour encourages employee savings in

company mutual Funds by offering a Group savings plan (PEG) and a

For employees to be truly committed, responsibilities must be clear and

Group collective retirement savings plan (PERCO). There are six

specific and targets must be perfectly understood. These are set

dedicated funds, one of which is an employee stock ownership Plan:

annually in accordance with each employee’s scope of responsibility;

Carrefour Actions. At December

31, 2015, Carrefour employees held

they must be clear, target the relevant priorities and be communicated

1% of the Company’s share capital through the Group savings plan.

early in the year.

Since July

2014, Carrefour’s employee savings plan has also offered

Carrefour encourages managers to provide regular feedback to their

staff a second, socially responsible Fund: Carrefour Prudence Solidaire,

employees throughout the year. The main assessment tool is the where they can put their money to work while helping others.

annual performance appraisal. The appraisal is an opportunity for

Creating an environment that

2.3.1.3

employees and their manager to discuss the performance over the

year, how they would like their career to develop, and their training

helps employees to achieve

needs.

fulfilment

Remunerating employees fairly

In every country, the annual remuneration review is designed to ensure Carrefour wishes to provide all its staff with the opportunity to be

the consistency and fairness of internal remuneration levels: proposals

fulfilled in their work. To achieve this objective, the Group is careful to

for changes are analysed by each entity to ensure that they are create the most favourable conditions by encouraging social dialogue,

consistent with the responsibilities and performance of each listening to staff and providing a high-quality working environment.

employee, and that they are based on a principle of fairness.

Strong, regular social dialogue encouraged by

In every country, the level of employee remuneration is analysed in

comparison with both the general market and the retail market

high-quality social relationships

through surveys carried out by specialist firms.

A culture of social dialogue at Group level

Recognising individuals’ contributions through

The Carrefour group has long been committed to consultation through

variable pay

high-quality internal and external social dialogue in support of

All the Group’s managers are eligible for variable annual remuneration,

individual and collective development.

the amount of which varies in line with the economic results of their

The agreement signed in 2001 with the UNI (Union network

entity and their individual performance in relation to the objectives set

international, now the UNI Global union) reflected Carrefour’s desire to

initially, and then assessed by their line manager in relation to the level

ensure respect for basic rights in the workplace in its various activities.

and manner in which they have been achieved.

In September 2015, a new, more comprehensive global agreement “to

Over 57% of the Group’s employees are today eligible for results-based promote social dialogue and Diversity and to ensure the protection of

incentive schemes in addition to their basic salary and, if applicable,

fundamental rights in the workplace” was signed on behalf of Carrefour

their annual variable remuneration. In some countries, these plans are by Mr.

Georges Plassat, CEO, and by Mr.

Philip Jennings, Secretary

specific to store directors and their management teams.

General of the UNI Global Union, in the presence of Mr.

Guy Ryder,

General Director of the ILO. The purpose of this agreement is to

Offering benefits for employees and their families

continue the Group’s historic culture of social dialogue and promote its

Carrefour is a responsible employer that offers benefit schemes to all

practices with regard to respecting fundamental rights in the

employees in the countries in which it operates. The types of benefit

workplace. The fight against discrimination and the promotion of

are adapted to respect local practices and obligations and to meet the diversity – particularly through respect for gender equality in the

needs of employees and their families.

workplace and the welcome of people with disabilities – represent a

In Brazil, the aim of the CarrefourPrev pension plan is to supplement

major part of this agreement. The joint declaration on gender equality

the legal regimes applicable in the event of retirement, disability or

signed by Carrefour and its European works council in 2012 is

death. CarrefourPrev supplements payments even for lower-paid appended to the agreement.

employees. Membership in the plan is optional; in 2015, 78% of those

eligible chose to participate in the programme.

38

2015 REGISTRATION DOCUMENT