Co-worker statistics

The co-worker report includes everyone employed by Triodos Bank.

The co-worker report includes everyone employed by Triodos Bank.

Fte stands for full-time equivalents and is the number of co-workers calculated on a full-time basis per week. (For The Netherlands this is 40 hours, Belgium 37 hours, United Kingdom 37.5 hours, Spain 37 hours, for Germany 39 hours).

Fte stands for full-time equivalents and is the number of co-workers calculated on a full-time basis per week. (For The Netherlands this is 40 hours, Belgium 37 hours, United Kingdom 37.5 hours, Spain 37 hours, for Germany 39 hours)

All training expenses disclosed are based on the average fte of a whole reporting year and include local training expenses and expenses for the Triodos Acadamy.

Our sickness rate remains above our target, which is not to exceed 3%. Therefore our focus lies on promoting well-being as described in the co-worker chapter of this annual report.

Our attrition rate exceeds our target of 10%. This is sometimes related to specific local circumstancing and changes in the organisation and sometimes related to tight labor market.

In the General Disclosures of the GRI Standards, Disclosure: 102-8, the requirement has been added: ‘Total number of employees by employment contract (permanent and temporary), by region’. Therefore, as of 2016 we report the number of fixed and permanent contracts at year-end.

The majority of the organisation's work is performed by co-workers under permanent contract with Triodos Bank.

For the Netherlands this only applies to Executive Board members. The UK has no collective bargaining agreements in place. All contractual terms are based on the standard terms and conditions of TBUK in line with group policies, are in line with the financial market in the United Kingdom and applicable to all co-workers of TBUK. Germany has no collective bargaining agreement, but applies the same terms and conditions as the collective labour agreement of the private banking industry in Germany for all positions.

The majority of all co-workers under contract with Triodos Bank are covered by collective bargaining agreements.