Diversity
CSR targets in performance management
Staff numbers
Rabobank Group's ambition is for the composition of its workforce to mirror, both nationally
and internationally, the national labour force, with regional mirroring per operating region.
Diversity among people stimulates entrepreneurial behaviour, enables the qualities of
employees to show up better and promotes creativity.
Rabobank Group wishes to see more women in senior functions. The percentage of
women among the organisation's executives grew from 4% in 2000 to 7% in 2007. The target
for 2008 is 10%. Another goal is greater cultural diversity of the workforce. For example,
a first step was made in 2007 in the start-up of a professionalisation voyage for HR advisors
and recruiters in this area. Also, the bank experimented with an active recruitment policy for
employees from ethnic minorities.
Since 2006, executives of Rabobank Nederland and the Group entities are required to include
at least one corporate social responsibility target in their performance management contracts.
Currently, some departments and banks are encouraging and/or facilitating the inclusion of
CSR targets in employee performance management agreements as well. In addition,
employees can include CSR targets in their individual competence targets since 2007.
Rabobank Group's total workforce increased by 4,133 in 2007, to 60,342 (56,209). This growth
was partly due to Rabobank Group's various acquisitions in 2007 and was reflected in higher
staff numbers in wholesale banking and international retail banking and in asset
management and investment. Staff numbers at De Lage Landen and Rabo Bouwfonds were
higher as a result of growth in activities. Staff numbers in domestic retail banking remained
virtually stable in 2007.
Key figures people
31-Dec-07
31-Dec-06
The Netherlands
Abroad
Total
Total
Domestic retail banking
34,086
34,086
Wholesale banking and international
retail banking
1,805
8,241
10,046
6,735
Asset management and investment
1,729
1,919
3,648
Leasing
1,376
3,249
4,625
4,327
Real estate
1,253
541
1,794
1,760
Support units and other
6,143
6,143
5,892
Rabobank Group
46,392
13,950
60,342
56,209
Absenteeism
3.8%
3.6%
Employee satisfaction
85%
87%
89
Report of the Executive Board
