Workforce Structure

As of the annual reporting date (March 31, 2024), the voestalpine Group had a global workforce of 49,082 employees (head counts). When 1,513 apprentices and 2,822 temporary employees are included, this number rises to 51,589 full-time equivalents (FTEs).

Development of the number of employees

Personnel (excl. apprentices and temporary employees, head counts) as of the March 31 reporting date

Employee structure by employment contract

In each case as of the March 31 reporting date; excl. full-time employees

EMPLOYMENT BY COUNTRY AND REGION

voestalpine comprises about 500 Group companies and sites in 49 countries on five continents. A total of 45.8% of the company’s employees (FTEs) are based in Austria, and 54.2% work at facilities outside of the country.

voestalpine is considered an attractive employer in the countries in which it works. This facilitates local recruiting, with the result that most employees at any given location are local residents.

Workforce by region

As of the March 31, 2024 reporting date, based on FTEs

German and English are the predominant languages in the voestalpine Group. Hence voestalpine’s most important publications such as the present Corporate Responsibility Report, the Annual Report, and the quarterly reports are published in these two languages. The Code of Conduct, internet posts as well as brochures and magazines are translated into numerous other languages.

YEARS OF SERVICE AND EMPLOYEE TURNOVER

In the business year 2023/24, employees who had been with the Group for up to five years constituted the largest group, followed by employees who had been with voestalpine for six to fifteen years.

Years of Service

As of the March 31, 2024 reporting date All employees excluding apprentices, interns, freelancers, and master’s/doctoral degree candidates

Numerous measures ensure that the knowledge and experience of employees are utilized in the best possible way while also increasing employee satisfaction. This also keeps the employee turnover rate as low as possible. In the business year 2023/24, the turnover rate for employment contracts terminated by mutual agreement or by the employee was 7.9%. The collection of data regarding departures takes all employees into account (managing directors, Management Board members, and temporary absentees are included; but apprentices, interns, freelancers, and master’s/doctoral degree candidates are excluded). There were 28 applications on average for each job opening, thus illustrating voestalpine’s attractiveness as an employer. The following table shows the number of departures by region, further broken down by employment contract and gender.