Vitality Contents Foreword Management report Corporate governance Consolidated Financial Statements Company Financial Statements Pillar 3 have been successful in finding new employment before their positions became redundant, we have increased participation in related activities to speed up the process and improve results. Rabo Global Traineeship 2016 saw the commencement of the first Rabo Global Traineeship programme: 18 trainees started in March and another 35 in September, including 15 international trainees from our regional offices in the United States, India, Indonesia and the United Kingdom. These international trainees complete a joint orientation programme in the Netherlands, and are given the opportunity to tackle an assignment abroad. The personal, tailored, one-year traineeship gives these young, talented Rabobank employees the chance to gain greater knowledge and experience of the bank, and to fast-track their personal development within various organisational entities both in the Netherlands and abroad. The programme also promotes advancement and retention of talented 'alumni' trainees, through the set-up of the Management Development Steering Committee for alumni trainees, under the direction of a Supervisory Board member and including several directors from various central departments and local Rabobanks. One of the bank's strategic pillars is Empowering employees. Rabobank therefore values the health and vitality of its staff. Instead of being viewed as the absence of illness, health is now regarded as the ability to deal with life's physical, emotional and social challenges, while retaining as much individual control as possible. Work is no exception, and health therefore represents the ability to deal with changing circumstances and to take one's own responsibility to achieve and retain vitality. Rabobank offers support and encouragement in this respect. This positive definition of health informs the resources made available by Rabobank to empower its employees. Covering areas such as vitality, work-related stress, resilience and absenteeism, these resources vary from digital tests and information sessions to courses, workshops and one- on-one support. As part of this vision on health, in 2016 we collaborated with the Dutch Cancer Society to present the 'Work and Cancer' workshop aimed at managers and HR advisers; 113 ergonomics coaches completed training on the importance of movement at work, and campaigns on vitality and work-related stress focused on retaining individual control. During the first half of 2016, 66% of Rabobank employees reported feeling a sense of vitality (compared to 64% in 2015), and seven out of ten stated that they felt engaged (67% in 2015). Absenteeism rates dropped to 3.6 in 2016, lower than both the figures in 2015 (3.72) and the OH&S standard of 3.7. 47% of long-term illnesses were mental health disorders (46% in 2015). In 2016, 46% of employees never called in sick (46% in 2015). Of those who were away sick, 79% had returned fully to work within the week (80% in 2015). Some employees were at risk of becoming unfit for work in 2016 due to work-related stress, often as the result of an excessive workload. In the Netherlands, 29% of employees said they experienced their workload as high (2015: 31%), and 15% experienced reported experiencing work-related stress (2015: 18%). The workload figures exceed the OH&S standard of 25%. Culture change The Culture Collective movement that was started in 2014 continued into 2016. Board members, managers, team leaders and employees were challenged in a variety of ways to reflect on their attitudes and conduct, and how they influence others. The Culture Collective meetings were in line with both the bank's current internal transitions and prominent customer focus. Management teams of local Rabobanks, management teams at the central units and HR managers took part in events dealing with how to be a rock-solid bank by empowering employees within an ever- changing environment. We also organised a summer school, and all board members, managers and team leaders were invited to attend. The sessions focused on providing team coaching as an alternative to one- on-one interventions when resolving underlying problems in teams. Real-life examples were used to provide first-hand experience and the opportunity to learn through giving and receiving feedback. Managers are responsible for concretising concepts for their own business units, and acting as role models for cultural change. They are supported in this role by culture coaches from their units and central facilitators. Preparations are being made to include Culture Collective in the Performance and Health plan for 2017 and beyond, with the intention of making line management responsible for creating a healthy day-to-day working culture. Remarks: Absenteeism figures are for all Rabobank employees in the Netherlands. Figures on work-related stress, workload, engagement and vitality are limited to employees of local Rabobanks during the first half of 2016. 99 Our output and impact: developing talent and competencies

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Annual Reports Rabobank | 2016 | | pagina 399