Contents Foreword Management report Corporate governance Consolidated Financial Statements Company Financial Statements Pillar 3 Employee representation Consultation with employee representative bodies within Rabobank takes place both formally and informally. On 1 July 2016 a new employee representation structure was introduced in light of the new governance within Rabobank. The new structure was enacted following intensive dialogue with existing works councils (the Works Council of Rabobank Nederland and the Group Works Council of local Rabobanks). Elections were held in spring 2016 for the new joint works council (OR Rabobank), which will meet to discuss matters of joint interest. Local works councils (i.e. those of the local Rabobanks and OR Rabobank Nederland) will continue to play a key role in matters of local importance. Industrial Relations Disputes Procedure (GRA) The Industrial Relations Disputes Procedure (GRA) provides a way for managers and staff to bring difficult situations before an independent and unbiased third party. The aim of the advisers/mediators is to resolve differences of opinion locally within the organisation, preferably in open dialogue between the bank and the employee. The Disputes Committee can also be asked to issue a binding decision. Most disputes in 2016 were related to reorganisations, differences of opinion regarding employee performance, or strained workplace relations. There were also many disputes involving the application of employment terms and conditions. The year was characterised by many change processes in the organisation and a drop in total FTE numbers due to redundancies. This caused insecurity among many employees and led them to reassess their own position and prospects. In 2016, the GRA handled 204 disputes (254 in 2015). The advisory procedure was the one most frequently applied in disputes (153 in 2016). There were 24 cases of arbitration, and 20 cases of mediation. Six cases were presented to the Industrial Relations Disputes Committee, which issued four binding decisions after reviewing both verbal and written statements from both parties. In two cases, the parties resolved the matter satisfactorily either before or after the hearing, thus eliminating the need for a decision. The Board of Arbitration for staff members at Executive levels took one decision. 103 Our output and impact: encouraging diversity and equality

Rabobank Bronnenarchief

Annual Reports Rabobank | 2016 | | pagina 117