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Co-worker report

Most businesses depend on people to succeed. But, as a pan-European values-based bank, Triodos Bank’s relationship with its co-workers is often very different to its contemporaries.

This means that, in all its offices, Triodos Bank chooses not to provide bonuses for reaching financial targets, for example; it has a very low ratio between the highest and lowest paid co-workers compared to other banks its size; and it integrates Triodos Bank values at all levels of development – from regular values seminars for new co-workers, to a specially tailored ‘visionary leadership development’. It even influences the way people who work at Triodos Bank are described. Triodos Bank ‘co-workers’, are just that. They are valued individuals who work together to deliver Triodos Bank’s mission.

Many people who work at Triodos Bank tap into the growing appetite to transform the economy, coupled with Triodos Bank’s continuing success in the countries where it operates, has made it an attractive place to both be a customer and a co-worker.

Triodos Bank has a genuinely innovative approach to attract, retain and develop the people who make it what it is. This report, which covers the organisation’s social policy in general and the co-worker policy in particular, provides details of what that approach means in practice.

Triodos Bank’s social policy is based on a belief that an organisation can only develop in a positive sense if its co-workers have the room and opportunity for professional and personal development. Key aspects of this vision are authenticity, cooperation, entrepreneurship and a professional, commercial attitude.

Triodos Bank is a European bank, locally embedded. Because of this Human Resources policy may differ across the countries where Triodos Bank works, because of differences in the individual offices’ stage of development, size, culture and local legislation. This report covers social policy applying to the whole bank.

The co-worker report concerns everyone employed by Triodos Bank. Co-workers of the joint venture Triodos MeesPierson are not included in the figures.

The figures in the co-worker report are divided by Business Unit, rather than country.

Social key figures*

Download XLS

 

2012

2011

2010

2009

2008

2007

*

The co-worker report includes everyone employed by Triodos Bank. Co-workers of the joint venture Triodos MeesPierson are not included.

**

Fte stands for full-time equivalents and is the number of co-workers calculated on a full-time basis per week. (For The Netherlands this is 40 hours, Belgium 37 hours, United Kingdom 37.5 hours, Spain 37 hours, for Germany 40 hours and for France 35 hours).

 

 

 

 

 

 

 

Number of co-workers at year-end

788

720

636

577

477

397

Average number of ftes** during the year

694

636

556

482

402

346

Number of ftes** at year-end

722

660

577

525

429

363

Absenteeism

3.0%

2.2%

1.9%

2.6%

2.4%

1.9%