From the beginning of the financial year 2020, the key performance indicator for the workforce size will be based solely on the number of core and temporary employees. This change is in line with a reorganisation of internal management, which focuses on these employee...
The risks from pension liabilities and employee pension funds are considered in the risk management and reporting processes and included in the calculation of risk-bearing capacity by means of the pension risk model. Actuarial opinions are periodically obtained on the provisions for retirement and ...
Employee numbers higher year-on-year The BMW Group had 154,950 employees at the end of 2023 (2022: 149,475 / +3.7%). This slight increase in employee numbers was mainly in development and IT, as well as in the BMW Group’s global production network. Proposed re-election of supervisory...
either to reflect higher pension obligations due to changes in the rates of interest or inflation, changes in salary trends, or changes in the statistical life expectancy of the persons with pension entitlement, or because of fluctuations in the value of the assets held in the employee pension ...
Employee numbers significantly higher year-on-year The BMW Group had 149,475 employees at the end of 2022 (prev. yr.: 118,909/ +25.7%). This significant increase is primarily due to the full consolidation of BMW Brilliance Automotive Ltd., with almost 26,000 employees integrated...
Employee numbers significantly higher year-on-year The BMW Group had149,475employeesat the end of 2022 (prev. yr.: 118,909/ +25.7%). This significant increase is primarily due to the full consolidation of BMW Brilliance Automotive Ltd., with almost 26,000 employees integrated int...