Having a talented, qualified and vital workforce is key for a.s.r. in achieving its business objectives. a.s.r. is committed to attracting, retaining and inspiring the most suitable employees, by offering ample training and development opportunities and facilitating a sound work/life balance.
Gender Diversity in Board of Management and overall workforce
Description
At 31 December 2023
Target
Share of women in total workforce
45%
50%
Share of women in all management positions, including junior, middle and senior management
30%
33%
Share of women in management positions in revenue-generating business
37%
33%
Share of women in STEM relation positions
30%
33%
Share of women in Supervisory Board
20%
33%
Share of women Executive Board
36%
33%
New female employees
43%
Share of women in total workforce (as % of total workforce) at 31 December 2023
# employees
Female
Male
Total
Female
Male
Supervisory Board
3
4
7
43%
57%
Management Board
3
3
6
60%
50%
Total Management
84
201
285
29%
71%
Total Top Management
90
208
296
30%
70%
Total other employees
1,772
2,010
3,782
45%
55%
Total
1,862
2,218
4,080
45%
55%
Department (# employees)
Female
Male
Total
Individual life
-
-
-
Pensions
-
2
2
Funeral + Individual Life
-
1
1
P & C
-
1
1
Disability
1
-
1
Health
-
1
1
Real estate
-
1
1
Asset management
1
2
3
Total
2
8
10
20%
80%
100%
Science, technology, engineering and mathematics. STEM workers use their knowledge of science, technology, engineering or mathematics in their daily responsibilities. To be classified as a STEM employee, the employee should have a STEM-related qualification and make use of these skills in their operational position. Positions include, but are not limited to, the following: Computer programmer, web developer, statistician, logistician, engineer, physicis and scientist.
Department (# employees)
Female
Male
Total
Finance & Risk
129
3341
463
IT&C
103
396
499
Asset Management
60
107
167
Total
292
837
1,129
26%
74%
100%
Nationality
Dutch
4,133
98.5
Indian
15
German
0.1
Other
Total
Age
Dutch Background
Western background
Total
98
1
1
2%
98
1
2
3
99
1
0
3
99
0
0
0
100
Total
98
1
1
2
Age groups as of 31 December 2023
# employees
< 30 years
30 - 50 years
> 50 years
Total
Supervisory Board
-
-
7 / 100 %
7
Executive Board
-
2/ 33%
4 / 67%
6
Senior management
-
6 / 27%
16 / 3%
22
Middle management
-
63/ 53%
55 / 47%
118
Junior management
2 / 1%
87 / 60%
56 / 39%
145
Other employees
496 / 13%
1,919 / 51%
1,450 / 38%
3,868
Total
498 / 11%
2,077 / 51%
1,581 / 38%
4,156 / 100%
50%
50%
12%
88%
27%
73%
37%
63%
55%
45%
55%
Note that the remuneration of the male in the Executive Board exceeds the females in the Executive Board, because the CEO is male.
If we would take an average of all managers (senior, medior and junior), the average remuneration for women would be € 130,665 and for men € 152,443 per year.
Hourly wage ( € )
Female
Male
Senior Management
355
381
Middle management
236
318
Junior management
54
63
Other employees
27
32
Weighted average hourly wage (WAHW)
54
63
Number of working hours per year
2,080
2,080
Factor holiday allowance + 13th month
1.1633
1.1633
Total average wage
130,665
Number of FTEs
22
116
142
280
Senior
Middle
Junior
Total
Number of working hours per year: 2080
Our Diversity, Equity and Inclusion policy has been set up with the Internation Labour Organization conventions in mind.
Gender diversity at the (sub)top is a priority at a.s.r.
Read more about our objectives and approach. (in Dutch)
Description
At 31 December 2023
% of employees participated in at least one training
51
Average training hours per employee
0.6 days
Training costs per employee in €
1,452
% employees one or more courses completed in 2023
At 31 December 2023
Total # of employees in training
2,122
Female employees in training
48
Male employees in training
54
Employees in training < 30 years
50
Employees in training ≥ 30 and < 50 years
55
Employees in training ≥ 50 years
46
Senior management
51
Middle management
50
Junior management
48
Other employees
54
Description
2023
2022
Total number of employees hired
556
720``
Percentage of vanancies filled by internal candidates (internal hire)
`46%
Average hiring costs / FTE
€ 603
Description
Number
Percentage
Vacancies filled by women
276
50
Vacancies filled by < 35 years
325
58
Vacancies filled by 35 - 45 years
94
17
Vacancies filled by 45 - 55 years
72
13
65
12
1
0
Middle management vacancies filled
4
1
Lower management vacancies filled
3
1
Other vacancies filled
556
98
The recruitment system holds data on the number of vacancies that have been filled from 1 January to 31 December. This is the figure in the Annual Report. Reasonable assurance is provided on this data point from our external accountant KPMG. Because ASR Nederland deliberately does not ask for the gender of the applicant in the application process, it is not possible to make a gender breakdown based on the recruitment system. This information is derived from the HR system, where data is stored about gender. However, often there is a few months gap between filling the vacancy and the actual start date of the employee. This means that the numbers in the HR system from 1 January to 31 December are not equal to the filled vacancies registered in the recruitment system. For example, in December vacancies may be filled by employees that do not start until February. These do count in method A (recruitment system) but not in method B (HR system).
Description
2023
2022
2021
2020
2019
Total employee turnover rate
8.9%
10.7%
Voluntary employee turnover rate
4.7%
Data coverage
100%
100%
100%
100%
Description
2023
Voluntary female employee turnover rate
3.8%
Involuntary female employee turnover rate
5.2%
Female employee turnover rate
9.0%
Voluntary male employee turnover rate
4.6%
Involuntary male employee turnover rate
4.3%
Male employee turnover rate
8.9%
Voluntary employee turnover rate < 30 years
6.0%
Involuntary employee turnover rate < 30 years
8.8%
Total employee turnover rate < 30 years
14.8%
Voluntary employee turnover rate 30-50 years
3.8%
Involuntary employee turnover rate 30-50years
4.4%
Total employee turnover rate 30-50 years
8.1%
Voluntary employee turnover rate > 50 years
4.2%
Involuntary employee turnover rate > 50 years
3.8%
Total employee turnover rate > 50 years
8.1%
Description
2023
2022
2021
2020
2019
% of actively engaged employees
89
88
91
89
77
% of total employees fulfilling Denison survey
73
78
83
78
74
The target for 2023 is 85.
Description
Percentile 2023
Percentile of actively engaged female employees
88
Percentile of actively engaged male employees
91
Percentile of engaged employees of < 35 years
83
Percentile of engaged employees of 35 - 45 years
88
90
94
99
96
98
88