The Adecco Group: Annual Report 2022

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Making the future work for everyone

At the Adecco Group, our purpose – to make the future work for everyone – inspires and connects us all. Through our three global business units – Adecco, Akkodis and LHH – we enable sustainable and lifelong employability for individuals, deliver digital and engineering solutions to power the Smart Industry transformation, and empower organisations to optimise their workforces. The Adecco Group leads by example and is committed to creating an inclusive culture and supporting resilient economies and communities. Now more than ever, people are the most crucial asset to help solve the global challenges facing societies. That is why the Adecco Group is committed to enabling the talent and skills needed for a future where everyone can build a rewarding career. And this is what it means to be a purpose-driven organisation.

Helping people and businesses seize the opportunities of the future of work

100,000

clients

39,000

full-time equivalent employees globally

2 million

associates on assignment every day, including in our joint ventures

851,050

individuals up/reskilled

30,000

FTE Akkodis Consultants

182,666

people placed in permanent employment

Unlocking our potential

Our Future@Work strategy was designed to address the megatrends transforming the world of work. Since then, increased political and economic volatility and the impacts of the Covid-19 pandemic have accelerated many of the shifts already underway. In the developed labour markets, 2022 was characterised by a global scarcity of talent, the need to upskill workers to navigate the green and digital transitions, and the rise of the human-centric organisation. The Future@Work strategy aligns our businesses to capture the opportunities created by these trends. A cornerstone of our strategy was the formation of our Global Business Units (GBUs). Adecco, LHH and Akkodis, each with their own bold vision, contributing to – and benefiting from – the Group’s position as the world’s leading talent partner. By increasing our exposure to higher-growth, higher-value and tech-led solutions we are focused on improving the quality of earnings for the Group in a sustainable way.
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Adecco
Adecco is a global leader in workforce solutions, offering flexible placement, permanent placement, outsourcing and managed services across all sectors.
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Akkodis
Akkodis powers the Smart Industry transformation globally with digital and engineering services across Consulting, Solutions, Talent and Academy.
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LHH
LHH helps future-proof organisations and careers by building the right capabilities, delivering talent solutions and enabling workforce transformation.

Our levers to accelerate progress

1 (3)
Simplify
Improve organisational effectiveness
2 (2)
Execute
Empower decision-making closest to customers
3 (2)
Grow
Top-line leading to EBITA profitability
People first
  • Entrepreneurial, diverse, equal and inclusive

  • The wellbeing of our people comes first – always. We support and enable people from all walks of life in an equal, inclusive, and health and safety-focused culture

Growth mindset
  • Customer first, agile and thinking unlimited

  • Our customers face big challenges – and we have to be up to the task. Our agile, entrepreneurial culture allows us to respond and adapt without limits or bias.

Collective Spirit
  • One vision, collaborative and innovationat scale

  • Making the future work for everyone requires us to deliver innovation at scale, collaborate with our customers and further develop our unparalleled portfolio.

Our Sustainability Goals

Our Levers for Impact

enabler new 1
Embedding material environmental, social, and governance (ESG) considerations across our operations, solutions and value chain
enabler new 3
Strengthening ESG governance and accountability
enabler new 2
Measuring and disclosing transparently and holistically our stakeholder value creation

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