LVMH 2018 . Ta l en t
C U LT I VA T I N G O U R E N T R E P R E N E U R I A L
S P I R I T !
BEING ENTERPRISING MEANS PREPARING FOR THE FUTURE, ANTICIPATING TOMORROW S WORLD AND CONTINUING TO SURPRISE
MARKETS IN PERPETUAL FLUX. IT MEANS COMBINING INNOVATION AND TRADITION, DARING AND THE QUEST FOR PERFECTION,
BUT ALSO GIVING FREE REIN TO OUR IMAGINATIONS AND EXPLORING THE OPPORTUNITIES CREATED BY NEW TECHNOLOGIES.
Our Group, which operates in a fast-moving business environment with an increasingly international organi- zation 156,000 employees worldwide, 52% of whom are millennials has rolled out an ambitious talent recruit- ment and development policy. It aims to meet future challenges by encouraging employees to be bolder and embrace the Group s founding values: be creative and innovative, deliver excellence and cultivate an entrepreneurial spirit.
Enriching our talent pool
In 2018, LVMH recruited 40,000 employees on permanent contracts and over 7,300 interns with either Bachelor s or Master s degrees. We seek to attract the most promising candidates to support the Group s development so that we can continue to deliver excellent performance in a highly competitive environment. Through our staff development policy and by champion- ing diversity within our ecosystem in all our different Maisons, business lines, activities and geographic areas we endeavor to offer everyone unique career opportunities, making LVMH a very attractive employer for top talent. Attracting the best is fundamental for LVMH. The Group and its Maisons seek people with skills and experience, but who are also sensitive to and aware of their environ- ment; people who can understand the duality of LVMH s world: the enduring, lasting nature of our Maisons, but the need for us to be responsive, agile entrepreneurs. We seek people who will blossom in a business environ- ment where proactive entrepreneurship and innovation are highly valued, and there are plenty of opportunities to build a career commensurate with their ambitions.
In order to identify future employees as early on as possible, LVMH has forged strong ties with schools and universities. This year, we organized or took part in over 250 events and initiatives where students could find out more about the Group and our Maisons. For example, we launched the Inside LVMH program (see page 24) in January 2018, a first-of-its-kind omnichannel event, which plunged over 4,400 students from 50 partner schools and universities in six European countries into the world of LVMH and its Maisons. To hire more experienced employees, LVMH has a network of 800 internal recruiters. It uses forums and committees to maximize their knowledge of the market and guarantee effective recruiting. External hiring is a source of enrichment for the Group and its Maisons, so, as well as encouraging internal mobility, we recruit people from different back- grounds outside the Group who can provide us with fresh perspectives.
Committed to our talented employees
LVMH s 156,000 employees are central to the Group and its Maisons success, both individually and collectively. Creating a work environment that ensures they are both fulfilled and committed is a priority for the Group s and the Maisons senior executives, managers and HR teams. We believe in our people and know our success depends on their talent. Our mobility policy offers them career opportunities that grow their skills and help them establish a robust professional network. The annual career reviews conducted by our managers and Human Resources teams enable us to build up a keen understanding of our employees and their professional aspirations. Employees