Annual Report 2022
Human Resources indicators
FTEs
(in numbers, per 31 December)20222021202020192018
Non-life1,5411,5081,5241,4601,319
Life488493464460443
Asset Management409363347330339
Distribution and Services745706680573503
Holding and Other1,1301,0861,0271,0841,079
Total full-time equivalents internal4,3134,1554,0423,9063,683
    
% of all a.s.r. employees working from the Utrecht location (FTE)92%92%91%90%95%
Part-time employees
(in numbers)20222021202020192018
Female1,2031,1511,069949925
Male573576520449530
Total number of part-time employees1,7761,7271,5891,3981,455
Full-time employees
(in numbers)20222021202020192018
Female552514479510409
Male1,6361,6231,6181,6751,544
Total number of full-time employees2,1882,1372,0972,1851,953
Contracts of indefinite duration
(in numbers)20222021202020192018
Female1,5131,4601,3631,3031,210
Male1,9661,9941,9491,9701,952
Total number of indefinite duration contracts3,4793,4543,3123,2733,162
Contracts of definite duration
(in numbers)20222021202020192018
Female242205185156124
Male243205189154122
Total number of definite duration contracts485410374310246
Gross average hourly wages split by gender
(in €)31 December 202231 December 202131 December 202031 December 201931 December 2018
FemaleMaleFemaleMaleFemaleMaleFemaleMaleFemaleMale
Executive Board13343462963132773372269288191223
Senior management1251241181151071061011019198
Management excluding sr. and jr. management61685763576155595456
Junior management41413738353734353236
Other employees26302528242823272226
  • 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 million20222021202020192018
Salaries and wages309292273257248
Pay ratio1
(in units below)20222021202022020 (reported)2019
Annual total compensation for the highest-paid individual (€)31,215,0001,108,0001,420,000824,0001,145,000
Average annual total compensation for all
employees (€)
106,000100,000102,00062,00098,000
Average Pay ratio (%)11.511.013.913.311.7
Median annual total compensation for all
employees (€)
100,000
Median Pay ratio (%)412.1
  • 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.
  • 4 As of 2022, a.s.r. reports on the median pay ratio in order to comply with GRI 2-21 and in anticipation of the CSRD.
Average years of service
(in years)20222021202020192018
Female11.511.812.212.713.1
Male14.514.815.816.416.6
Difference3.03.03.63.73.5
Breakdown gender diversity
(in % female / male)20222021202020192018
Supervisory Board40 / 6040 / 6033 / 6733 / 6740 / 60
Executive Board33 / 6733 / 6767 / 3333 / 6725 / 75
Senior management22 / 7825 / 7528 / 7225 / 7529 / 71
Management excluding sr. and jr. management23 / 7723 / 7722 / 7821 / 7920 / 80
Junior management34 / 6637 / 6334 / 6635 / 6531 / 69
Other employees46 / 5444 / 5643 / 5742 / 5840 / 60
Total employees44 / 5643 / 5742 / 5841 / 5939 / 61
Diversity of governance bodies and management
(in numbers female / male)31 December 202231 December 202131 December 202031 December 201931 December 2018
Supervisory Board
Female22222
Male33443
Total Supervisory Board55665
Executive Board
Female11211
Male22123
Total Executive Board33334
Senior management
Female44556
Male1412131515
Total senior management1816182021
Management excl. senior and junior management
Female4038353326
Male136130127124108
Total management excl. senior and junior management176168162157134
Junior management (first level of management)
Female4959565451
Male9499107102113
Total junior management (first level of management)143158163156164
Other employees
Female1,6611,5631,4501,3661,301
Male1,9631,9561,8901,8811,948
Total other employees3,6243,5193,3403,2473,249
Diversity of governance bodies and management
in % (female / male)31 December 202231 December 202131 December 202031 December 201931 December 2018
Supervisory Board 30-50 years
Female-1717-
Male----
Supervisory Board > 50 years
Female4040171740
Male6060666660
Total Supervisory Board100100100100100
Executive Board 30-50 years
Female-33--
Male3333-3350
Executive Board > 50 years
Female3333333325
Male3333333325
Total Executive Board100100100100100
Senior management 30-50 years
Female1119171524
Male1719222033
Senior management > 50 years
Female11611105
Male6156505538
Total senior management100100100100100
Management excl. senior and junior management < 30 years
Female----
Male--1-
Management excl. senior and junior management 30-50 years
Female1617171513
Male4143454257
Management excl. senior and junior management > 50 years
Female65466
Male3634333624
Total management excl. senior and junior management100100100100100
Junior management (first level of management) < 30 years
Female21-1
Male11111
Junior management (first level of management) 30-50 years
Female2024232421
Male3837373536
Junior management (first level of management) > 50 years
Female151111119
Male2725283032
Total junior management (first level of management)100100100100100
Other employees < 30 years
Female66665
Male66555
Other employees 30-50 years
Female2526252424
Male2526282627
Other employees > 50 years
Female1413111311
Male2324252727
Total other employees100100100100100
Relative score for employee engagement in Denison scan compared to the benchmark
In percentile (0-100)20222021202020192018
a.s.r.8891897776
Participation desk
(in numbers)20222021202020192018
Employees employed through the Participation desk4446373529
Absenteeism rates1
(in %)20222021202020192018
Female5.34.64.55.45.5
Male3.43.03.13.22.9
Total absentee rate4.23.73.64.03.8
  • 1 Excluding maternity leave.
Nil absenteeism
(in %)20222021202020192018
Nil absenteeism5063635456
Collective labour agreement
(in %)20222021202020192018
Employees covered by CLA10099.599.499.399.3
Grievances
In numbers20222021202020192018
Grievances relating to labour practices--111
Training and development
(unit specified below)20222021202020192018
Total spending on training and development (million)5.44.44.66.06.6
Equivalent working time spent on training (million)875736
Training spending per FTE that followed (€)1,4791,2551,3141,8152,110
Human capital return on investment (%)1314131212
Average days of training per employee that followed training0.80.8
Employees took part in at least one targeted training session (%)6364455844
Employee development training
(in numbers)20222021202020192018
Employees have completed job-related training2,5232,4571,7251,9121,512
Employees took part in one of the development programmes168302382534719
Employees followed a workshop on sustainable employability366326391343792
Employees have completed an individual coaching programme325284296487486
Employees were given guidance in the context of redundancy418685157154
Employee turnover
(in %)20222021202020192018
Voluntary employee turnover7.13.72.93.74.9
Involuntary employee turnover3.55.47.16.58.0
Total employee turnover10.79.110.010.212.9
Vacancies filled
(in numbers)20222021202020192018
By internal candidates277327199256208
By external candidates443323265224184
Total number of vacancies filled720650464480392
Vacancies filled
(in %)20222021202020192018
By internal candidates3850435353
By external candidates6250574747
Total percentage of vacancies filled100100100100100
Ethical workshops and dilemma sessions
In numbers20222021202020192018
Ethical workshops and dilemma sessions1086105