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    Schneider Electric signs a nationwide agreement in France on forward-looking management of careers, competencies and skills sets with six labour organisations

    Rueil-Malmaison, March 11, 2008
    - Schneider Electric has signed a nationwide agreement in France on forward-looking management of careers, competencies and skills sets with six labour organisations.

    This Group agreement confirms Schneider Electric’s commitment to pursuing the anticipatory approach deployed over the past few years. The goal is to give the Group’s 20,000 French employees a shared view of Schneider Electric’s strategy and its consequences and to provide the same resources to all for adapting to a constantly changing environment.

     “Because this is a nationwide agreement, it enhances solidarity among Schneider Electric’s French units, as well as the overall vision of competencies and careers,” notes Jean-François Pilliard, Executive Vice President, Strategic Human Resources and Organisation. “As a responsible enterprise, we must ensure our team members’ career development, promote their employability and prepare together for the changes of tomorrow. This agreement builds on the accord we signed in July 2007 with the European Metalworkers’ Federation on anticipating change.

     “In partnership with the six labour organisations, we wanted to make the issues of employment, evolving organisations and skills sets and change management an integral part of a social dialogue that must begin far upstream to be effective,” added Christian Gonzalez, Vice President, Labour Affairs. “This agreement gives us the right framework for anticipating and harnessing the continuous change that shapes our business environment.”

    The signatories undertake to:
    • Engage in forward-looking dialogue and inform employees of changes in Schneider Electric’s strategy and the ensuing labour consequences.
    • Coordinate and optimise tools and resources in an individual and collective approach to ensure more effective management of careers and competencies.
    • Take into account lengthier careers to respond more effectively to seniors’ concerns.
    • Implement basic rules for ensuring solidarity among all of the Group’s French subsidiaries.

    The agreement will take effect in April 2008. Deployment procedures will be gradually specified and enhanced.

    About Schneider Electric
    Schneider Electric, who helps people and organisations make the most of their energy, anticipates and satisfies its customers' requirements in the residential, building, data centers and networks, industry, and energy and infrastructure markets. With 120,000 employees, Schneider Electric generated revenue of €17.3 billion in 2007 through 15,000 distributor outlets in 190 countries.

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