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<strong>Deutsche</strong> <strong>Bank</strong> 01 – Management <strong>Report</strong> 138<br />

Financial <strong>Report</strong> 2010 Corporate and Social Responsibility<br />

Corporate and Social Responsibility<br />

Employees and Social Responsibility<br />

Employees<br />

As of December 31, 2010, we employed a total of 102,062 staff members as compared to 77,053 as of December<br />

31, 2009. We calculate our employee figures on a full-time equivalent basis, meaning we include proportionate<br />

numbers of part-time employees.<br />

The following table shows our numbers of full-time equivalent employees as of December 31, 2010, 2009 and<br />

2008.<br />

Employees 1 Dec 31, 2010 Dec 31, 2009 Dec 31, 2008<br />

Germany 49,265 27,321 27,942<br />

Europe (outside Germany), Middle East and Africa 23,806 22,031 23,073<br />

Asia/Pacific 17,779 16,518 17,120<br />

North America 2,3 10,811 10,815 11,947<br />

Central and South America 401 368 374<br />

Total employees 3 102,062 77,053 80,456<br />

1 Full-time equivalent employees; in 2010, the employees of Kazakhstan previously shown in Asia/Pacific were assigned to Europe (outside Germany), Middle East<br />

and Africa; numbers for 2009 (6 employees) and 2008 (6 employees) have been reclassified to reflect this.<br />

2 Primarily the United States.<br />

3 The nominal headcount of The Cosmopolitan of Las Vegas is 4,147 as of December 31, 2010 and is composed of full time and part time employees. It is not part of<br />

the full time equivalent employees figures.<br />

The number of our employees increased in 2010 by 25,009 or 32.5 % due to the following factors:<br />

— The number of Corporate & Investment <strong>Bank</strong> Group Division staff increased by 1,752 primarily due to the<br />

acquisition of parts of ABN AMRO in the Netherlands (1,195). Furthermore, the number of Markets staff increased<br />

by 374 as a result of the market recovery.<br />

— The number of our PCAM staff increased by 21,973 primarily due to the acquisitions of <strong>Deutsche</strong> Postbank<br />

AG in Germany (20,361) and of Sal Oppenheim Group (2,910 as at year end 2010).<br />

— In Infrastructure, the number of our global service centers staff, in particular in India, the Philippines, Birmingham<br />

(U.K.) and Jacksonville (U.S.), increased by approximately 1,200 employees. The headcount in the<br />

other infrastructure areas remained, on balance, unchanged from 2009.<br />

The commitment index, a measure of staff loyalty to the company based on a Groupwide survey that has been<br />

performed anonymously by an independent institution for more than ten years, remained strong in 2010 at 74<br />

points. This is the second highest value since the survey began, indicating that employees continue to closely<br />

identify with the bank and are particularly willing to put in a strong performance. The slight reduction in comparison<br />

to the record of 77 points in 2009 primarily reflects an easing of economic tension or return to normality after<br />

the financial crisis.<br />

Post-Employment Benefit Plans<br />

We sponsor a number of post-employment benefit plans of behalf of our employees, both defined contribution<br />

plans and defined benefit plans.<br />

Defined benefit plans with a benefit obligation exceeding € 2 million are included in our globally coordinated<br />

accounting process. Reviewed by our global actuary, the plans in each country are evaluated by locally appointed<br />

actuaries.

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