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TlB Annual Report 2009 - Triodos Bank

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Young co-workers in particular were invited to<br />

the Co-worker Conference to contribute their<br />

vision and energy. The young generation of<br />

co-workers are very important for <strong>Triodos</strong> <strong>Bank</strong>,<br />

providing a fresh look at the organisation and a<br />

closer connection with broader social trends.<br />

A Young <strong>Triodos</strong> group organise a variety of<br />

activities during the year and are actively<br />

involved in finding solutions to some of the<br />

issues facing the <strong>Bank</strong>.<br />

Attrition rates<br />

% left compared to start<br />

of the year<br />

<strong>2009</strong> 2008*<br />

The Netherlands 10% 13%<br />

Belgium 6% 18%<br />

United Kingdom 14% 18%<br />

Spain 7% 14%<br />

Germany**<br />

<strong>Triodos</strong> Investment<br />

10% 14%<br />

Management 15% 15%<br />

Head office 7% 8%<br />

Total 10% 14%<br />

* The comparable figure for 2008 has been adjusted.<br />

** Only one co-worker left in each year<br />

CO-WORKERS<br />

The total number of co-workers rose by 21%<br />

from 477 to 576 in <strong>2009</strong>. The male/female ratio<br />

remained virtually unchanged. In <strong>2009</strong>, <strong>Triodos</strong><br />

<strong>Bank</strong> employed 293 women (51%) and 283 men<br />

(49%). The share of women in management<br />

positions fell slightly to 27% (2008 29%).<br />

<strong>Triodos</strong> <strong>Bank</strong> strives to appoint more women in<br />

management positions, but has yet to see really<br />

meaningful changes. In <strong>2009</strong> four female<br />

managers joined <strong>Triodos</strong> <strong>Bank</strong>, and six left.<br />

The number of temporary co-workers was down<br />

by 21%. Within the ict department, the proportion<br />

of temporary external coworkers reduced<br />

from 40% to 31%.<br />

<strong>Triodos</strong> <strong>Bank</strong> is an increasingly popular place<br />

to work as positive interest in sustainability<br />

increases, and the reputation of the high-street<br />

banks declines. Applications for vacancies have<br />

steadily increased, but many candidates do not<br />

have the right mix of professional experience<br />

and a connection to our mission. This led to<br />

intensive and sometimes lengthy procedures<br />

during <strong>2009</strong> to match vacancies with the right<br />

candidates. Opportunities also arose to progress<br />

between, as well as within, countries resulting<br />

in two international transfers.<br />

Number of temporary (external) co-workers in fte’s<br />

based on 1,550 working hours per fte, per year<br />

<strong>2009</strong> 2008<br />

The Netherlands 11.5 18.6<br />

Belgium 0.5 2.0<br />

United Kingdom 0.3 1.0<br />

Spain — —<br />

Germany<br />

<strong>Triodos</strong> Investment<br />

0.6 0.6<br />

Management 2.0 1.1<br />

Head office 19.0 19.4<br />

Total 33.9 42.7<br />

<strong>Triodos</strong> <strong>Bank</strong>’s age ranges<br />

<strong>2009</strong> 2008<br />

number % number %<br />

Age<br />

15 - 25 year 28 5 33 7<br />

25 - 35 year 189 33 159 34<br />

35 - 45 year 217 37 167 35<br />

45 - 55 year 104 18 88 18<br />

55+ 38 7 30 6<br />

Total 576 100 477 100<br />

The German Branch became a full branch at the<br />

end of <strong>2009</strong>. Its number of co-workers increased<br />

from 10 to 22. At the same time the Belgian and<br />

Spanish branches grew by more than 30%. In<br />

Spain this was due to the opening of three<br />

regional offices in Madrid, Valladolid, Valencia<br />

and recruitment for the Zaragoza’s office team.<br />

In Belgium targets for growth were very ambitious<br />

and a new organisation was designed to<br />

manage this effectively. In both Business Units<br />

70 TRIODOS BANK - ANNUAL REPORT <strong>2009</strong>

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