Personnel development: everyone can become everything
This motto is the principle underlying the development of specialist and management staff at HORNBACH. The company only trains the staff it actually needs. This means that all trainees and participants in dual academic and vocational study programs have good chances of receiving a job at HORNBACH when they complete their training. In the 2017/18 financial year, HORNBACH employed 893 trainees and participants in dual vocational training programs (2016/17: 855). A group-wide total of 362 trainees completed their training in the year under report (2016/17: 344), of which 58.3 % were accepted into regular employment (2016/17: 60.5 %). Including those trainees accepted into a third year of training, the acceptance rate amounted to 67.7 % (2016/17: 68.5 %).
Not only that, former trainees are increasingly seizing the opportunity to enter dual academic and vocational study programs at HORNBACH upon completion of their vocational training. HORNBACH has for the first time offered a proprietary course at Baden-Wuerttemberg State Cooperative University (DHBW) in Karlsruhe and thus created a basis to establish a robust network for students employed at the company.
HORNBACH prefers to recruit its managers from among its own staff where possible. Separate qualification modules have been developed for all store positions, and these are embedded into an all-round next generation development program. This career path is open to all employees. The only qualities that count are performance and personal potential.
Further information on this topic can be found in the "Non-Financial Group Report" PDF (147.68 kB) in the chapters Employee Acquisition, Employee Satisfaction and Employee Development and Retention.
Voting Rights Announcement: Hornbach Holding AG & Co. KGaA // First Eagle Global Fund
Voting Rights Announcement: Hornbach Holding AG & Co. KGaA // First Eagle Investment Management