Annual Report 2021
Additional information
Human Resources indicators
FTEs
In numbers as at 31 December20212020201920182017
Non-life1,5081,5241,4601,3191,247
Life493464460443454
Asset Management363347330339344
Distribution and Services706680573503426
Holding and Other1,0861,0271,0841,0791,023
Total full-time equivalents internal4,1554,0423,9063,6833,493
    
% of all a.s.r. employees working from the Utrecht location (FTE)92%91%90%95%96%

The external auditor performed a review of the HR related indicators in this Annual Report, all HR related indicators were audited with a reasonable level of assurance. The data below is excluding VKG, Dutch ID (Felison and Boval), Corins, SuperGarant, ANAC and Poliservice.

Part-time employees
In numbers20212020201920182017
Female1,1511,069949925885
Male576520449530514
Total number of part-time employees1,7271,5891,3981,4551,399
Full-time employees
In numbers20212020201920182017
Female514479510409369
Male1,6231,6181,6751,5441,527
Total number of full-time employees2,1372,0972,1851,9531,896
Contracts of indefinite duration
In numbers20212020201920182017
Female1,4601,3631,3031,2101,183
Male1,9941,9491,9701,9521,908
Total number of indefinite duration contracts3,4543,3123,2733,1623,091
Contracts of definite duration
In numbers20212020201920182017
Female20518515612498
Male205189154122133
Total number of definite duration contracts410374310246231
Gross average wages split by gender (gross hourly wages)
31 December 202131 December 202031 December 201931 December 201831 December 2017
In €FemaleMaleFemaleMaleFemaleMaleFemaleMaleFemaleMale
Executive Board12963132773372269288191223148172
Senior management11811510710610110191988793
Management excluding sr. and jr. management57635761555954565455
Junior management3738353734353236NANA
Other employees25282428232722262225
  • 1 The figures for the EB include CEO’s compensation.
  • 2 Excluding CEO’s compensation, the male average hourly wage of the EB would not be applicable as a.s.r. does not have male EB members.
Employee compensation
In million20212020201920182017
Salaries and wages292273257248234
Pay ratio1
2021202022020 (reported)2019
Annual total compensation for the highest-paid individual (€)31,108,0001,420,000824,0001,145,000
Average annual total compensation for all
employees (€)
100,000102,00062,00098,000
Pay ratio (%)11.0313.8513.2911.70
  • 1 In 2021, the calculation method of the pay ratio was changed in accordance with the Dutch Corporate Governance Code. The new calculation method is based on: i) The total annual remuneration of the CEO includes all remuneration components (such as fixed remuneration, variable remuneration in cash (bonus), the share-based part of the remuneration, social contributions, pension, expense allowance, etc.), as included in the (consolidated) financial statements on an IFRS basis. ii) The average annual remuneration of the employees is determined by dividing the total wage costs in the financial year (as included in the (consolidated) financial statements on an IFRS basis) by the average number of FTEs during the financial year. iii) Pro rato must be taken into account when hiring external employees, insofar as they are hired for at least three months during the financial year.
  • 2 The pay-ratio of 2020 excluding the extraordinary items is in accordance with the new calculation method 12.38.
  • 3 The annual total compensation for the highest-paid individual is less high in 2021 because of the new defined contribution plan started from 1 January 2021. All employees participate in the defined contribution plan. The annual pension expenditure is based on a premium table.
Average years of service
In years20212020201920182017
Female11.812.212.713.113.5
Male14.815.816.416.616.5
Difference3.03.63.73.53.0
Breakdown gender diversity
In % (female / male)20212020201920182017
Supervisory Board40 / 6033 / 6733 / 6740 / 6025 / 75
Executive Board33 / 6767 / 3333 / 6725 / 7525 / 75
Senior management25 / 7528 / 7225 / 7529 / 7127 / 73
Management excluding sr. and jr. management23 / 7722 / 7821 / 7920 / 8018 / 82
Junior management37 / 6334 / 6635 / 6531 / 6930 / 70
Other employees44 / 5643 / 5742 / 5840 / 6040 / 60
Total employees43 / 5742 / 5841 / 5939 / 6139 / 61
Diversity of governance bodies and management
In numbers (female / male)31 December 202131 December 202031 December 201931 December 201831 December 2017
Supervisory Board
Female22221
Male34433
Total Supervisory Board56654
Executive Board
Female12111
Male21233
Total Executive Board33344
Senior management
Female45566
Male1213151516
Total senior management1618202122
Management excl. senior and junior management
Female3835332622
Male130127124108102
Total management excl. senior and junior management168162157134124
Junior management (first level of management)
Female5956245151
Male99107102113121
Total junior management (first level of management)158163126164172
Other employees
Female1,5631,4501,3661,3011,252
Male1,9561,8901,8811,9481,920
Total other employees3,5193,3403,2473,2493,172
Diversity of governance bodies and management
In % (female / male)31 December 202131 December 202031 December 201931 December 201831 December 2017
Supervisory Board 30-50 years
Female-1717--
Male-----
Supervisory Board > 50 years
Female4017174025
Male6066666075
Total Supervisory Board100100100100100
Executive Board 30-50 years
Female-33--25
Male33-335050
Executive Board > 50 years
Female33333325-
Male3333332525
Total Executive Board100100100100100
Senior management 30-50 years
Female1917152423
Male1922203340
Senior management > 50 years
Female6111055
Male5650553832
Total senior management100100100100100
Management excl. senior and junior management < 30 years
Female----1
Male--1-1
Management excl. senior and junior management 30-50 years
Female1717151321
Male4345425746
Management excl. senior and junior management > 50 years
Female54666
Male3433362425
Total management excl. senior and junior management100100100100100
Junior management (first level of management) < 30 years
Female21-12
Male11111
Junior management (first level of management) 30-50 years
Female2423242123
Male3737353638
Junior management (first level of management) > 50 years
Female11111195
Male2528303231
Total junior management (first level of management)100100100100100
Other employees < 30 years
Female66655
Male65555
Other employees 30-50 years
Female2625242424
Male2628262729
Other employees > 50 years
Female1311131111
Male2425272726
Total other employees100100100100100
Relative score for employee engagement in Denison scan compared to the benchmark
In percentile (0-100)20212020201920182017
a.s.r.9189777671
Participation desk
In numbers20212020201920182017
Employees employed through the Participation desk4637352931
Absenteeism rates1
In %20212020201920182017
Female4.64.55.45.55.3
Male3.03.13.22.93.2
Total absentee rate3.73.64.03.84.0
  • 1 Excluding maternity leave.
Nil absenteeism
In %20212020201920182017
Nil absenteeism6363545650
Collective labour agreement
In %20212020201920182017
Employees covered by CLA99.599.499.399.395.4
Grievances
In numbers20212020201920182017
Grievances relating to labour practices-1111
Training and development
20212020201920182017
Total spending on training and development (million)4.44.66.06.65.3
Equivalent working time spent on training (million)1,1491,4711,5301,2031,338
Training spending per FTE that followed (€)1,2551,3141,8152,1101,740
Human capital return on investment (%)1413121211
Average days of training per employee that followed training1.21.92.11.82.1
Employees took part in at least one targeted training session (%)6445584452
Employee development training
In numbers20212020201920182017
Employees have completed job-related training2,4571,7251,9121,5121,729
Employees took part in one of the development programmes302382534719819
Employees followed a workshop on sustainable employability326391343792589
Employees have completed an individual coaching programme284296487486266
Employees were given guidance in the context of redundancy8685157154182
Employee turnover
In %20212020201920182017
Voluntary employee turnover3.72.93.74.93.5
Involuntary employee turnover5.47.16.58.04.6
Total employee turnover9.110.010.212.98.1
Vacancies filled
In numbers20212020201920182017
By internal candidates32719925620898
By external candidates323265224184142
Total number of vacancies filled650464480392240
Vacancies filled
In %20212020201920182017
By internal candidates5043535341
By external candidates5057474759
Total percentage of vacancies filled100100100100100
Ethical workshops and dilemma sessions
In numbers20212020201920182017
Ethical workshops and dilemma sessions86105NA