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Annual Report

Personnel risk

The individual skills and knowledge of our employees are a major factor contributing to the Volkswagen Group’s success. Our aim of becoming top employer in the automotive industry at all levels of the Company improves our chances of recruiting and retaining the most talented employees.

Our strategic, end-to-end human resources development strategy gives all employees attractive training and development opportunities, with particular emphasis placed on increasing technical expertise in the Company’s different vocational groups. We counter the risk that knowledge will be lost as a result of employee fluctuation and retirement with intensive, department-specific training. In addition to the standard twin-track vocational training, programs such as our StIP integrated degree and traineeship scheme ensure a steady rise in the number of highly qualified new employees in our Company. We have also expanded our base of senior experts in the Group to ensure that the valuable knowledge of specialists retiring from Volkswagen is transferred to other employees.

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