Statements of Income
Employees
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Management Report
Employees
The number of employees is shown as full-time equivalents, which means part-time employees are included in proportion to their contractual working hours. We believe this presentation improves the comparability of personnel expenses and employee numbers.
On September 30, 2007 the Bayer Group had 106,200 employees, 1.5 percent more than on June 30, 2007. This figure includes employees of the acquired facility in Emeryville, California and of Ure-Tech in Asia. As of September 30, 2007, we employed 16,700 people in North America, 18,700 in Asia/Pacific, 14,200 in Latin America/Africa/Middle East and 56,600 in Europe. Our 39,400 employees in Germany accounted for 37.1 percent of the Group total.
Personnel expenses in the third quarter of 2007 amounted to €1,781 million (Q3 2006: €1,824 million). The 2.4 percent decrease was mainly the result of shifts in exchange rates.
On September 30, 2007 the Bayer Group had 106,200 employees, 1.5 percent more than on June 30, 2007. This figure includes employees of the acquired facility in Emeryville, California and of Ure-Tech in Asia. As of September 30, 2007, we employed 16,700 people in North America, 18,700 in Asia/Pacific, 14,200 in Latin America/Africa/Middle East and 56,600 in Europe. Our 39,400 employees in Germany accounted for 37.1 percent of the Group total.
Personnel expenses in the third quarter of 2007 amounted to €1,781 million (Q3 2006: €1,824 million). The 2.4 percent decrease was mainly the result of shifts in exchange rates.
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