MERLIN Properties Annual Report 2022

126 | Annual report | 2022 MERLIN seeks out the best individuals to add differential value through their work, which contributes to the Group’s success, providing them with stable, high-quality employment. In 2022, MERLIN hired a total of 52 new professionals to the staff, which represents a recruitment rate of 20%. In addition, 9 employees moved into new positions within the Group, demonstrating its commitment to internal mobility and talent retention. 1) Continuing professional development: MERLIN offers all professionals the opportunity to get involved in different projects and to assume new responsibilities throughout their professional careers. Training is a fundamental part of career development and, therefore the Group ensures that training is available to all employees. A total of 6,654 hours of training were provided in 2022, an increase of 37% compared to the previous year. This represents a total investment of € 87,239 in training in 2022. PROFESSIONALS JOINING THE GROUP TALENT RETENTION MECHANISMS Category Age range Men Women Total Directors >50 years old 1 - 1 Middle management <30 years old 2 - 2 30-50 years old 2 1 3 Other professionals <30 years old 17 9 26 30-50 years old 7 10 17 >50 years old 1 2 3 Total 30 22 52 MERLIN believes that employee commitment is essential and therefore seeks to ensure that employees identify with the corporate philosophy, values and objectives. The Group works to motivate and reward employees through three main lines of action: