Personnel
At the end of the first half-year of 2009 the MLP Group had a total of 1,991 employees, constituting a fall of 9 people compared to the first half year of 2008. This was mainly due to a fall in the number of marginal part-time employees. Due, in part, to the acquisition of the independent broker ZSH at the start of 2009, the number of employees in the financial services segment (without marginal part-time employees) rose by 120. Further information concerning the development of personnel expenses and the employee structure are contained in the section “Profit situation” and in the notes.
In May 2009 MLP was awarded the “Quality through Training” certificate by the Rhine-Neckar regional Chamber of Commerce. For many years MLP has been offering 30 to 40 young people an in-depth and well-paid training schedule and is thus investing in the future. By providing this training MLP lays the foundation for nurturing its own junior staff. We regard the Chamber of Commerce certificate as visible recognition of our services as well as clearly demonstrating the social responsibility assumed by MLP. Whereas many other companies are taking the decision to curtail or totally cease training activities during the current economic and financial crisis, MLP continues to offer and provide training. There are currently 125 trainees and students at MLP from the Cooperative State University.
Number of employees
| June 30, 2009 | June 30, 2008 | |
|---|---|---|
| Financial Services | 1.713 | 1.732 |
| Feri | 267 | 256 |
| Holding | 11 | 12 |
| Total | 1.991 | 2.000 |