Annual Report 2021
Governance
5.4
Employee participation

a.s.r. began 2021 with a new Works Council. Seven members of the Works Council were elected, together with members of nine committees. The turnout for the elections was high and the outcome diverse. It is good to see that the composition of the Works Council is diverse. By evenly distributing members across different business lines, each decision is illuminated from multiple expertises and perspectives. Personal background and experience ensure that everyone’s opinion is represented.

In the first year evaluation the Works Council noted that cooperation with the various stakeholders was going smoothly. There is a healthy balance between substantive discussion and informal meetings / talks. There is room for professional support of the Works Council by a team of experienced experts. As with the Works Council, other a.s.r. bodies have also changed their composition. The Executive and Supervisory Boards both started in their current composition fairly recently. So far, the Works Council is pleased to note that both bodies are functioning well, both among themselves (countervailing power) and in cooperation with the Works Council.

The Works Council stands for strong employee participation and considers it important to be a good discussion partner for all stakeholders.

In its activities and conversations, the Works Council places special emphasis on:

  • Ensuring that employees are future-resilient.

  • Ensuring that diversity, equality and inclusion are safeguarded throughout the organisation.

During 2021, the Works Council was consulted on, or notified about, the following topics, among others:

Finance Committee

  • (half) yearly figures

  • preview

  • financial market developments

Social Policy Committee

  • HR affairs

  • risk inventory and evaluation

Works Council-wide

  • organisational changes

  • COVID-19 related matters

  • strategic personnel planning

  • (proposed) appointment of Ewout Hollegien

In total, two requests for advice and three requests for consent were processed by the Works Council. Various requests for advice were also dealt with in the subcommittees.

Meetings of the Works Council
MeetingParticipantsNumber of meetings
Regular Works Council meetings with a member of the EBChair of EB, secretary of EB, HR Director and Works Council6
Ad hoc meetings Works Council with a member of the EBChair of EB, secretary of EB, HR Director and two or members of the Works Council12
Regular Works Council meetings with a member of the EB and members of the SBChair of the EB, member(s) of the SB, secretary of EB, HR Director, and Works Council3
Works Council meetings without a member of the EBWorks Council52