The Swiss Life corporate culture gives employees plenty of scope to take esponsibility. This can be attributed to good leadership at Swiss Life.
By delegating competencies and responsibilities to employees, managers not only foster their innovation and potential for independent action but also express respect and appreciation. Employees value the trust placed in them, as evidenced for example by the above-average engagement score. As a basis for successful leadership and communication, Swiss Life has established behavioural principles applicable throughout the Group that serve as a formal framework.
Swiss Life’s behavioural principles:
- I think and act in an exemplary manner and in the best interests of the company
- I collaborate effectively in the best interests of the company.
- I act in an efficient and goal-oriented way.
- I work in a committed and agile manner.
- I build trust by listening and communicating openly.
- I pursue continual self-development.
The behavioural principles for managers in the Swiss Life Group:
- I think and act in an exemplary manner and in the best interests of the company.
- I create meaning and understanding within the context of our purpose.
- I trust my employees.
- I encourage appreciative collaboration.
- I promote the development of my employees.
- I set and achieve ambitious goals.
Transparent human resources management through standardised processes
The following Group-wide standard HR management processes are used to provide optimal support to managers and employees.
- Regular discussions with all employees
- Regular performance appraisals and feedback processes (setting of objectives and assessment/Management by Objective) with all employees (100%)
- Discussions regarding career development and measures
- Decisions on salaries and promotions
- Strategy and value-oriented behaviour
- Assessment and management of employee risks
Newly hired employees by gender per segment
Total 1 858 as at 31.12.2022 | Men | in % | Women | in % |
Switzerland | 203 |
59.5 |
138 |
40.5 |
France | 219 | 42.6 | 295 | 57.4 |
Germany |
102 | 47.0 | 115 | 53.0 |
International | 151 | 46.9 | 171 | 53.1 |
Asset Managers | 222 | 48.6 | 235 | 51.4 |
Other |
3 | 42.9 | 4 | 57.1 |
TOTAL | 900 | 48.4 | 958 | 51.6 |
Departures of employees by gender per segment
Total 1 617 as at 31.12.2022 | Men | in % | Women | in % |
Switzerland | 212 | 63.7 |
121 | 36.3 |
France | 214 | 44.2 | 270 | 55.8 |
Germany |
81 | 49.1 | 84 | 50.9 |
International | 158 | 53.4 | 138 | 46.6 |
Asset Managers | 134 | 40.4 | 198 | 59.6 |
Other |
6 | 85.7 | 1 | 14.3 |
TOTAL | 805 |
49.8 | 812 |
50.2 |
Measures taken with regard to the 2021 Employee Survey
Swiss Life performs a Group-wide employee survey on engagement every two years in cooperation with an independent research institute1 to gauge employee satisfaction and establish where there is room for improvement. The response rate to the survey conducted in 2021 was 84% and the engagement value 76%. The following improvement measures have been implemented (among others):
- The Switzerland Division has prioritised three areas for action. The optimisation and simplification of processes were addressed using the “lean life process management” approach. The aim is to optimally coordinate all activities that are necessary for value creation and to avoid unnecessary activities. Around 30 employees were certified as “LEAN Masters” in a training course. In their role as multipliers, they pass on their knowledge to their colleagues and thus ensure the implementation of the project. In order to further develop cooperation and further establish a culture of trust, a large number of workshops and learning opportunities have been implemented. When imple- menting development measures, the focus is on creating communities for networking purposes and learning agile working techniques.
- The Germany Division has initiated the following measures: The suggestions made by employees on development opportunities and concepts for shaping an efficient meeting culture have been successfully implemented. The topic of social responsibility was regularly discussed in so-called “meet-ups” with the Executive Board. The next step is to specify and implement the ideas developed by the employees at “barcamps” for possible initiatives on sustainability and employee retention.
- The International Division has identified the themes “Teamwork” and “Trust in leadership” as strengths. The measures taken build on these themes in order to consolidate and further strengthen them. Specifically, this involves a wide range of networking opportunities and events for employees.
- The Swiss Life Asset Managers division has, among other things, implemented the “AM Academy” based on the results of the employee survey. This is a uniform, division-wide, structured learning platform on which all learning opportunities for employees and managers of Swiss Life Asset Managers are available. In particular, a specific learning programme on health and wellbeing has been set up with its own learning path. Along with the AM Academy, a new talent programme for high potentials has been implemented. In addition to the focus on development, special focus was placed on talent acquisition and employer branding. The first AM-wide employer branding cam- paign was launched, which also includes new websites on career and vacancies.
Awards
Swiss Life’s commitment is also recognised by external organisations: |
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Division | 2022 | 2021 | 2020 |
Switzerland |
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France |
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Germany |
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International |
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Asset Manage |
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1 Employer Branding Research Company, Stockholm