We attach great importance to the satisfaction of our employees in order to remain a consistently attractive employer. The feedback given by our staff is taken very seriously and used as a basis for continuous improvement.
For many years now we have obtained a reliable picture of our employees' satisfaction through the survey of our workforce carried out at the Hannover location. In the autumn of 2015, with the support of an external opinion research and management consulting firm, we also conducted a survey of employee satisfaction internationally and Group-wide for the first time.
Based on solid participation of around 70%, a very high degree of overall satisfaction among our staff was identified as a central finding. This was true both of the average evaluation across all questions and for virtually all individual questions. The considerable motivation and dedication expressed by our staff was especially gratifying. As far as potential scope for improvement is concerned, they identified a more broad-based system of remuneration and further optimisation of the support provided for their ongoing individual training. On the basis of these insights we evaluated the findings in detail, with decentralised measures subsequently initiated and implemented in the individual units and entities.
The staff turnover ratio at the Hannover location of 1.9% (3.1%) was substantially lower than the level of the previous year and hence continues to be well below the average expected for the industry as a whole (5.3%). The average length of service to the company at the Hannover location stood at 12 years in 2017.
Staff turnover by region | ||||||||
2017 | 20161 | |||||||
---|---|---|---|---|---|---|---|---|
Rate of persons joining3 | Rate of persons leaving4 | Rate of persons joining3 | Rate of persons leaving4 | |||||
Region | Number2 | in % | Number2 | in % | Number2 | in % | Number2 | in % |
Germany | 65 | 4.7 | 32 | 2.3 | 62 | 4.6 | 50 | 3.7 |
Europe excl. Germany | 96 | 18.0 | 103 | 19.4 | 77 | 14.5 | 43 | 8.1 |
USA | 21 | 6.7 | 26 | 8.3 | 24 | 7.7 | 18 | 5.8 |
South Africa | 72 | 40.9 | 63 | 35.8 | 15 | 8.5 | 16 | 9.1 |
Asia | 55 | 25.2 | 22 | 10.1 | 35 | 16.1 | 29 | 13.3 |
America excl. USA | 8 | 7.4 | 7 | 6.5 | 22 | 20.4 | 13 | 12.0 |
Australia | 16 | 16.3 | 9 | 9.2 | 12 | 12.2 | 11 | 11.2 |
1 From 2016 onwards the employees of all companies included in the financial statement of the Hannover Re Group are counted.
2 The key personnel indicators are calculated according to headcount. In this context, we consider the consolidated group in accordance with the requirements of IFRS 10 "Consolidated Financial Statements" on the basis of a consistent consolidation model for all companies that defines control without regard to whether it arises out of company law, contractual or economic circumstances. Group companies are consolidated with effect from the date on which Hannover Re gains control over them. The total number of employees also includes trainees at the Hannover location.
3 The rate of persons joining considers all newly appointed employees in the year under review.
4 The rate of persons leaving considers the number of employees who left the company in the year under review voluntarily or due to termination, retirement or death. |
Staff turnover by gender | ||||||||
2017 | 20161 | |||||||
---|---|---|---|---|---|---|---|---|
Rate of persons joining3 | Rate of persons leaving4 | Rate of persons joining3 | Rate of persons leaving4 | |||||
Gender | Number2 | in % | Number2 | in % | Number2 | in % | Number2 | in % |
Men | 171 | 11.1 | 137 | 8.9 | 124 | 8.8 | 103 | 7.3 |
Women | 162 | 9.4 | 127 | 7.4 | 123 | 8.3 | 92 | 6.2 |
1 From 2016 onwards the employees of all companies included in the financial statement of the Hannover Re Group are counted.
2 The key personnel indicators are calculated according to headcount. In this context, we consider the consolidated group in accordance with the requirements of IFRS 10 "Consolidated Financial Statements" on the basis of a consistent consolidation model for all companies that defines control without regard to whether it arises out of company law, contractual or economic circumstances. Group companies are consolidated with effect from the date on which Hannover Re gains control over them. The total number of employees also includes trainees at the Hannover location.
3 The rate of persons joining considers all newly appointed employees in the year under review.
4 The rate of persons leaving considers the number of employees who left the company in the year under review voluntarily or due to termination, retirement or death. |
Staff turnover by age group | ||||||||
2017 | 20161 | |||||||
---|---|---|---|---|---|---|---|---|
Rate of persons joining3 | Rate of persons leaving4 | Rate of persons joining3 | Rate of persons leaving4 | |||||
Age group | Number2 | in % | Number2 | in % | Number2 | in % | Number2 | in % |
Up to age 29 | 112 | 33.1 | 46 | 13.6 | 91 | 26.9 | 40 | 11.8 |
Ages 30 to 49 | 189 | 11.4 | 150 | 9.1 | 125 | 7.6 | 107 | 6.5 |
Age 50 and over | 32 | 4.9 | 68 | 10.5 | 31 | 4.8 | 48 | 7.4 |
1 From 2016 onwards the employees of all companies included in the financial statement of the Hannover Re Group are counted.
2 The key personnel indicators are calculated according to headcount. In this context, we consider the consolidated group in accordance with the requirements of IFRS 10 "Consolidated Financial Statements" on the basis of a consistent consolidation model for all companies that defines control without regard to whether it arises out of company law, contractual or economic circumstances. Group companies are consolidated with effect from the date on which Hannover Re gains control over them. The total number of employees also includes trainees at the Hannover location.
3 The rate of persons joining considers all newly appointed employees in the year under review.
4 The rate of persons leaving considers the number of employees who left the company in the year under review voluntarily or due to termination, retirement or death. |