Fiscal 2022 Universal Registration Document

2 CORPORATE RESPONSIBILITY AT SODEXO

Breakdown of departures by reason (for permanent contracts, excluding site losses)

  FISCAL 2022 FISCAL 2021 CHANGE
Resignations (less than 3 months)

Resignations (less than 3 months)

FISCAL 2022

34,783

Resignations (less than 3 months)

FISCAL 2021

25,125

Resignations (less than 3 months)

CHANGE

+9,658

Resignations (after 3 months) ☑

Resignations (after 3 months) ☑

FISCAL 2022

87,578

Resignations (after 3 months) ☑

FISCAL 2021

74,149

Resignations (after 3 months) ☑

CHANGE

+13,429

TOTAL RESIGNATIONS TOTAL RESIGNATIONSFISCAL 2022122,361 TOTAL RESIGNATIONSFISCAL 202199,274 TOTAL RESIGNATIONSCHANGE+23,087
Dismissals or redundancy

Dismissals or redundancy

FISCAL 2022

45,557

Dismissals or redundancy

FISCAL 2021

41,232

Dismissals or redundancy

CHANGE

+4,325

Retirement and other reasons

Retirement and other reasons

FISCAL 2022

6,007

Retirement and other reasons

FISCAL 2021

7,949

Retirement and other reasons

CHANGE

-1,942

TOTAL NUMBER OF DEPARTURES TOTAL NUMBER OF DEPARTURESFISCAL 2022173,925 TOTAL NUMBER OF DEPARTURESFISCAL 2021148,455 TOTAL NUMBER OF DEPARTURESCHANGE+25,470

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The number of departures increased compared to the previous fiscal year, primarily due to resignations, up by +23% during the year. This increase is linked to the significant wave of resignations in various regions where Sodexo operates, including North America, Europe and Brazil. This indicator also influences our employee retention rate, described below.

The remainder of the change in departures is due to an increase in redundancies of +4,325, mainly in Sodexo Live! for North America as a result of a reduction in the active employee base as our business began to recover. The Employment Protection Plan in France, signed in Fiscal 2021, resulted in the departure of 800 employees during the year, half of whom were laid off and the other half left voluntarily.

Talent retention

  FISCAL 2022 FISCAL 2021
Retention rate for total workforce☑

Retention rate for total workforce☑

FISCAL 2022

79.1%

Retention rate for total workforce☑

FISCAL 2021

81.9%

Retention rate for site managers☑

Retention rate for site managers☑

FISCAL 2022

83.6%

Retention rate for site managers☑

FISCAL 2021

87.9%

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The retention rate is calculated on the basis of employees who have been with the Group for at least three months.

In North America, South America and Europe, the retention rate decreased compared to the previous year due to a tight labor market with historically low unemployment rates and significant waves of resignations. However, the retention rate improved in Asia, particularly in China, due to actions taken to better target recruitment.

In order to strengthen the Sodexo employer brand and to improve employee retention, the Group launched a global campaign in Fiscal 2022 to offer a differentiated employee value proposition, based on the following three pillars:

  • belong to a team;
  • act with purpose;
  • thrive in your own way.

This campaign aims to reaffirm and communicate to all employees and potential employees the values of Sodexo and the benefits of working for the Group. It acts as a differentiator in the job market to attract new talent. The first actions in this campaign have been launched in France and the United States, primarily impacting recruitment positively. The outcomes of this campaign on retention will appear at a later stage.

More information on this global campaign can be found on page 72-73.

Employee engagement

  SEPTEMBER 2021 JUNE 2020 CHANGE
Number of respondents

Number of respondents

SEPTEMBER 2021

211,484

Number of respondents

JUNE 2020

193,704

Number of respondents

CHANGE

+9.2%

Response rate(1)

Response rate

(1)
SEPTEMBER 2021

62.9%

Response rate

(1)
JUNE 2020

59.0%

Response rate

(1)
CHANGE

+3.9 pts

Employee engagement rate ☑

Employee engagement rate ☑

SEPTEMBER 2021

78.3%

Employee engagement rate ☑

JUNE 2020

80.1%

Employee engagement rate ☑

CHANGE

-1.8 pt

Employee Net Promoter Score(2)

Employee Net Promoter Score

(2)
SEPTEMBER 2021

30.9

Employee Net Promoter Score

(2)
JUNE 2020

39.3

Employee Net Promoter Score

(2)
CHANGE

-8.40

% of employees believing that Sodexo values diversity, such as age, gender, culture and origin, religion, sexual orientation and providing opportunities for individuals with disabilities, in the workplace(3)

% of employees believing that Sodexo values diversity, such as age, gender, culture and origin, religion, sexual orientation and providing opportunities for individuals with disabilities, in the workplace(3)

SEPTEMBER 2021

83.4%

% of employees believing that Sodexo values diversity, such as age, gender, culture and origin, religion, sexual orientation and providing opportunities for individuals with disabilities, in the workplace(3)

JUNE 2020

82.4%

% of employees believing that Sodexo values diversity, such as age, gender, culture and origin, religion, sexual orientation and providing opportunities for individuals with disabilities, in the workplace(3)

CHANGE

+1.0 pt

% of employees considering Sodexo to be a socially and environmentally responsible company(3)

% of employees considering Sodexo to be a socially and environmentally responsible company

(3)
SEPTEMBER 2021

80.2%

% of employees considering Sodexo to be a socially and environmentally responsible company

(3)
JUNE 2020

80.3%

% of employees considering Sodexo to be a socially and environmentally responsible company

(3)
CHANGE

-0.1 pt

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(1) Adjusted for employees not present due to furlough.

(2) Employee Net Promoter Score measures whether employees would recommend Sodexo as a place to work. Calculated by subtracting the share of Detractors from share of Promoters. Results go from -100 to 100.

(3) Result adjusted in September 2020 in order to respect the same calculation methodology between both surveys.

The engagement rate is a key performance indicator for Sodexo, which seeks to become one of the most valued companies by its employees worldwide.