Telenor’s corporate responsibility report
THE TEAM
On July 3, 2014, the merger between
GLOBUL and GERMANOS was finalized.
At the end of 2014 the new company had
2 284 employees.
rectly reporting to the CEO. In the company
there are no employees under collective bar-
gaining agreements.
Regardless of the changes the company is go-
ing through, we continue to invest in employee
development. The training hours in 2014 have
reached 44 232, compared to 30 371 hours in
2013, and the number of employees trained is
1046 or 46% of all the employees. Employees
also undergo mandatory online trainings in
Code of Conduct, Health, Safety, Security and
Environment and Anti-Corruption. We consid-
er these themes essential to the way of work at
Telenor.
The merger did not lead to any job cuts, in fact
GERMANOS employees kept their previous
positions and responsibilities and their con-
tracts were automatically transferred to GLOB-
UL. Compared to 2013 there was an increase of
55 employees in both brands. The employee
turnover was 18.6% for 2014, owing to the
merger and the generally higher turnover in
retail networks.
Our team is young. With an average age of 32
and 76 % of employees with higher education,
our people are talented and enthusiastic. We
have 52% women in the overall team and 37%
in the management team, 3 of whom are di-
16.8
17
17.2
17.4
17.6
17.8
18
18.2
18.4
18.6
18.8
2120
2140
2160
2180
2200
2220
2240
2260
2280
2300
2012
2013
2014
Number
ТTurnover
%
Fig. 5 Number of employees and turnover rate
Employees
40
