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2016 Corporate Responsibility Report

Engaging our people

Our vision is to be an attractive, inclusive organisation with a clear purpose, staffed by a flexible, global workforce of diverse talents. We want to attract and retain the best people and to develop the best leaders who are passionate about “making the world more resilient”.

To fulfil this ambition, we are committed to building a diverse organisation in which our leaders inspire and engage their teams to unleash their full potential.

At Swiss Re we aim to collaborate in the spirit of “Let’s be smarter together”, because together we can achieve much more than we ever could alone. Our organisation constantly looks for new ways to improve the wellbeing of society and prepares for the changing needs of the future, drawing on the know-how and experience of a diverse, multigenerational group of employees. We aspire to be a place where a flexible and inclusive culture is the norm and where everyone can contribute. We are passionate about building an environment of trust, respect, cooperation and responsibility. Where how we achieve results is every bit as important as what we achieve.

To meet these goals, we developed and embedded a new People Strategy. Looking back on 2016, we can see that this strategy has borne fruit – the engagement level of our employees has increased significantly (+9 percentage points vs 2015) and we achieved the Aon Hewitt Best Employer status in nine out of 17 eligible countries.

Swiss Re is a global company with a presence in all major markets. As of 31 December 2016, we employed 14 053 people (regular staff) from 109 nationalities: 60.7% work in Europe, incl. the Middle East and Africa (EMEA), 25.6% in the Americas and 13.7% in the Asia-Pacific region.

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Employee data, Swiss Re Group

 

2014

2015

2016

Total headcount regular employees

12 224

12 767

14 053

Full-time

11 159

11 652

12 960

Part-time

947

973

1 093

Temporary employees

271

376

330

 

 

 

 

Turnover rate (incl. company sales)

9.8%

10.6%

9.7%

Voluntary

6.6%

6.8%

6.7%

Involuntary

3.2%

3.8%

3.1%

 

 

 

 

Average tenure regular staff (in years)

9.3

9.0

8.8