2020 Annual Financial Report

Chapter 3 : Governance and compensation

/Changes in aggregates
 2016201720182019

2020

Performance of the Company

Performance of the Company

2016

 

Performance of the Company

2017

 

Performance of the Company

2018

 

Performance of the Company

2019

 

Performance of the Company

2020

 

Company net revenue (in millions of euros)

Company net revenue (in millions of euros)

2016

9,733(1)

Company net revenue (in millions of euros)

2017

9,332

Company net revenue (in millions of euros)

2018

8,969

Company net revenue (in millions of euros)

2019

9,800

Company net revenue (in millions of euros)

2020

9,712

(Change compared with the previous financial year)

(Change compared with the previous financial year)

2016

+1.37%

(Change compared with the previous financial year)

2017

N/A

(Change compared with the previous financial year)

2018

-3.89%

(Change compared with the previous financial year)

2019

+9.27%

(Change compared with the previous financial year)

2020

-0.90%

Compensation of employees

Compensation of employees

2016

 

Compensation of employees

2017

 

Compensation of employees

2018

 

Compensation of employees

2019

 

Compensation of employees

2020

 

Average compensation of employees (full time equivalent basis excluding executive corporate officers)

Average compensation of employees (full time equivalent basis excluding executive corporate officers)

2016

82,250

Average compensation of employees (full time equivalent basis excluding executive corporate officers)

2017

80,884

Average compensation of employees (full time equivalent basis excluding executive corporate officers)

2018

80,410

Average compensation of employees (full time equivalent basis excluding executive corporate officers)

2019

83,593

Average compensation of employees (full time equivalent basis excluding executive corporate officers)

2020

91,499

(Change compared with the previous financial year)

(Change compared with the previous financial year)

2016

+1.65%

(Change compared with the previous financial year)

2017

- 1.66%

(Change compared with the previous financial year)

2018

- 0.59%

(Change compared with the previous financial year)

2019

+ 3.96%

(Change compared with the previous financial year)

2020

+ 9.46%

Median compensation of employees (full time equivalent basis excluding executive corporate officers)

Median compensation of employees (full time equivalent basis excluding executive corporate officers)

2016

62,662

Median compensation of employees (full time equivalent basis excluding executive corporate officers)

2017

61,973

Median compensation of employees (full time equivalent basis excluding executive corporate officers)

2018

62,405

Median compensation of employees (full time equivalent basis excluding executive corporate officers)

2019

65,005

Median compensation of employees (full time equivalent basis excluding executive corporate officers)

2020

74,732

(Change compared with the previous financial year)

(Change compared with the previous financial year)

2016

+2.90%

(Change compared with the previous financial year)

2017

-1.10%

(Change compared with the previous financial year)

2018

+0.70%

(Change compared with the previous financial year)

2019

+4.17%

(Change compared with the previous financial year)

2020

+14.96%

Chairman of the Supervisory Board(2)

Chairman of the Supervisory Board(2)

2016

 

Chairman of the Supervisory Board(2)

2017

 

Chairman of the Supervisory Board(2)

2018

 

Chairman of the Supervisory Board(2)

2019

 

Chairman of the Supervisory Board(2)

2020

 

Compensation of Élisabeth Badinter

Compensation of Élisabeth Badinter

2016

295,000

Compensation of Élisabeth Badinter

2017

300,000(3)

Compensation of Élisabeth Badinter

2018

-

Compensation of Élisabeth Badinter

2019

-

Compensation of Élisabeth Badinter

2020

-

Compensation of Maurice Lévy

Compensation of Maurice Lévy

2016

-

Compensation of Maurice Lévy

2017

-

Compensation of Maurice Lévy

2018

2,845,000

Compensation of Maurice Lévy

2019

2,885,000

Compensation of Maurice Lévy

2020

1,985,000

(Change compared with the previous financial year)

(Change compared with the previous financial year)

2016

-4.84%

(Change compared with the previous financial year)

2017

+ 1.69%

(Change compared with the previous financial year)

2018

N/A

(Change compared with the previous financial year)

2019

+1.41%

(Change compared with the previous financial year)

2020

- 31.20%

Ratio to average employee compensation

Ratio to average employee compensation

2016

4

Ratio to average employee compensation

2017

4(4)

 

Ratio to average employee compensation

2018

35

Ratio to average employee compensation

2019

35

Ratio to average employee compensation

2020

22

(Change compared with the previous financial year)

(Change compared with the previous financial year)

2016

-6.38%

(Change compared with the previous financial year)

2017

+3.41%

(Change compared with the previous financial year)

2018

N/A

(Change compared with the previous financial year)

2019

-2.46%

(Change compared with the previous financial year)

2020

-37.14%

Ratio to median employee compensation

Ratio to median employee compensation

2016

5

Ratio to median employee compensation

2017

5(4)

 

Ratio to median employee compensation

2018

46

Ratio to median employee compensation

2019

44

Ratio to median employee compensation

2020

27

(Change compared with the previous financial year)

(Change compared with the previous financial year)

2016

-7.52%

(Change compared with the previous financial year)

2017

+2.82%

(Change compared with the previous financial year)

2018

N/A

(Change compared with the previous financial year)

2019

-2.65%

(Change compared with the previous financial year)

2020

-40.15%

Chairman of the Management Board(5)

Chairman of the Management Board(5)

2016

 

Chairman of the Management Board(5)

2017

 

Chairman of the Management Board(5)

2018

 

Chairman of the Management Board(5)

2019

 

Chairman of the Management Board(5)

2020

 

Compensation of Maurice Lévy

Compensation of Maurice Lévy

2016

3,917,500

Compensation of Maurice Lévy

2017

3,541,667

Compensation of Maurice Lévy

2018

-

Compensation of Maurice Lévy

2019

-

Compensation of Maurice Lévy

2020

-

Compensation of Arthur Sadoun

Compensation of Arthur Sadoun

2016

-

Compensation of Arthur Sadoun

2017

2,276,106

Compensation of Arthur Sadoun

2018

2,749,511

Compensation of Arthur Sadoun

2019

2,400,000

Compensation of Arthur Sadoun

2020

2,250,000

(Change compared with the previous financial year)

(Change compared with the previous financial year)

2016

+38.26%

(Change compared with the previous financial year)

2017

-15.31%(6)

(Change compared with the previous financial year)

2018

-17.13%(6)

(Change compared with the previous financial year)

2019

-12.71%

(Change compared with the previous financial year)

2020

-6.25%

Ratio to average employee compensation

Ratio to average employee compensation

2016

48

Ratio to average employee compensation

2017

41(6)

 

Ratio to average employee compensation

2018

34

Ratio to average employee compensation

2019

29

Ratio to average employee compensation

2020

25

(Change compared with the previous financial year)

(Change compared with the previous financial year)

2016

+36.02%

(Change compared with the previous financial year)

2017

-13.88%

(Change compared with the previous financial year)

2018

-16.64%

(Change compared with the previous financial year)

2019

-16.04%

(Change compared with the previous financial year)

2020

-14.35%

Ratio to median employee compensation

Ratio to median employee compensation

2016

63

Ratio to median employee compensation

2017

54(6)

Ratio to median employee compensation

2018

44

Ratio to median employee compensation

2019

37

Ratio to median employee compensation

2020

30

(Change compared with the previous financial year)

(Change compared with the previous financial year)

2016

+ 34.37%

(Change compared with the previous financial year)

2017

- 14.37%

(Change compared with the previous financial year)

2018

- 17.70%

(Change compared with the previous financial year)

2019

- 16%

(Change compared with the previous financial year)

2020

- 18%