As of December 31, 2014, CNH Industrial had 69,207 employees, a decrease of 1,985 over the 71,192 figure at yearend 2013. The change was attributable to the difference between new hires (approximately 5,000) and departures (approximately 7,800) during the year, partially offset by an increase of approximately 800 employees due to changes in the scope of operations, which included: approximately 230 employees attributable to the acquisition of the assets of the US precision spraying equipment manufacturer Miller, and about 570 employees due to the insourcing of purchasing activities from Fiat Chrysler Automobiles in Italy and of Financial Services activities in LATAM.
Excluding the scope of operations, the change compared to year-end 2013 is mainly attributable to: a decrease in workers for manufacturing activities in LATAM due to weak market demand; and a decrease in salaried employees mainly due to measures to reduce selling, general, and administrative costs, as well as business support costs, as a result of the transition to CNH Industrial’s regional structure. Minor increases included the first wave of hiring in the new plant of the joint venture Iveco South Africa Works in Rosslyn (South Africa), and new hires by various functions in Emerging Markets.
The greatest number of personnel is employed in EMEA (60%), followed by NAFTA (17%), LATAM (15%), and APAC (8%).
EMPLOYEES BY REGION
Worldwide, 35.7% of the workforce has been employed for five years or less, while the category of employees with a length of service from six to ten years grew by 25% in comparison to 2013.
A total of 65.4% of employees1 has a medium/high level of education (22.1% holds a university degree or equivalent, and 43.3% a high school diploma); the remaining 34.6% completed middle and elementary school.
EMPLOYEES BY CATEGORYa
(a) For more information on employee categories, see page 239.
For more information, see page the page LABOR PRACTICES and the tables in the Appendix.
(1) About 11,352 employees not mapped for 2014.