Contents Management report Corporate governance Consolidated financial statements Financial statements Pillar 3 Future In 2016, the culture within Rabobank will remain a focus of attention.There will be new meetings, tying in with the strategic themes of the implementation agenda Rock-solid bank and Empowered employees and Meaningful cooperative. Several events have been organised, including the Values Week and the Week of Cooperation, where we talk to each other about our values and our own behaviour across domains and hierarchical levels. We then anchor the culture movement awareness into existing internal programs, meetings and structures. Diversity, a question of doing As from 2012, the diversity policy was mainly focused on gender diversity, but this was widened in 2015. Rabobank is committed to a culture in which we do not exclude anyone, where everyone feels valued and where all talents are used, regardless of one's gender, cultural background or sexual preference.Through more diversity, we become a better bank in all respects, both for customers and employees. To ensure commitment and involvement from the top, a diversity board has been set up. It consists of two members of the Executive Board and a number of directors of central units and local Rabobanks.The diversity board oversees the implementation of the diversity policy. Targets are set for the proportion of women at the top of the company. In 2020, the top tier of Rabobank should consist of 30% women and the second tier of 40% women. Although we still need to take significant steps in this respect, 2015 sawa positive trend in appointment of women at the top. At executive management level, the proportion of women increased slightly from 12% to 14%. This is the result oftargeted measures, such as the participation of women in management and talent development meetings, the agreement that there should always be 20% of women on the short-list and the sponsoring of female talents. Agreements have also been made about the deployment of people with a work disability. According to the agreements, made between social partners, to make 100,000 jobs available to people with an occupational disability, it was agreed within Rabobank that each local Rabobank and each central department should at least have one job occupied by an employee with an occupational disability in the coming years. Finally, we also strive to reflect society from a cultural point of view. With a number of ambassadors of local Rabobanks and central units, therefore, at the end of 2015 a long-term plan was initiated. In 2016, this plan will be implemented. 12 October was dedicated to Coming Out Day, organised by the Rainbow network for lesbian, gay, bisexual and transgender (LGBT) employees within Rabobank Group. Vitality, resilience and absenteeism A good organisation has an interest in healthy employees. For this reason, Rabobank attaches a lot of importance to vitality, resilience and minimising absenteeism. We noted in 2015 that employees at local Rabobanks felt less engaged and experienced a higher degree of work-related stress. Therefore, we offer a variety of tools to help empower our staff. A total of 64% of employees of local Rabobanks reported feeling a sense of vitality in 2015 (67% stated that they felt'engaged'). 59% of employees have proactively taken measures to shape their career. 46% of employees did not call in sick at all in 2015 (2014:45%). Of those who called in sick, 80% were back at work within a week (2014: 80%). In 2015, a relatively large number of employees were at risk of becoming unfit for work due to a high workload or work-related stress. 31% of the employees of Rabobank in the Netherlands have an increased workload. 18% suffer from work-related stress. Both of these key figures exceed the standards established in the company Working Conditions Policy (25% and 15%, respectively). It should be noted thatthere are marked differences between individual departments and positions. The scores provided by advisors and employees in sales and marketing positions, for example, indicated higher levels of workload pressure and work-related stress and a lower level of engagement. The absenteeism of Rabobank employees increased in 2015 by 0.03% compared to 2014 (3.69%).This 3.72% is marginally higher than the norm of 3.7%. 46% of long-term absenteeism is related to psychological problems (2014:46%). The rate of work-related absenteeism fell slightly in 2015. The abseentism of 28% of all employees who were ill for an extended period of time was related to the work situation (2014:29%1).The causes of work-related absenteeism include mental and psychosocial factors and impaired working relationships. In 2015,68% (2014: 71%) of trusted persons were consulted; by an average of 2.5 workers (2014: 2.2). 1 From 2014, work-related absenteeism has been recorded in a slightly different way. The percentage of 32% for 2014 after recalculation amounts to 29%. 84 Rabobank Annual Report 2015

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Annual Reports Rabobank | 2015 | | pagina 85