33,321 employees
in 2006 |
The Group's workforce grew substantially in 2006 with 33,321 salaried employees compared to 24,418 in 2005. This growth can be explained by the acquisition of DenizBank (6,342 employees) and the joint venture RBC Dexia (4,411 employees). |
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|
|
| Dexia,
employer in 33 countries |
Dexia has salaried staff in 33 different countries. 91.5% of the staff is located in Europe. We should also point out that with the different partnerships and the minority holdings, Dexia's business presence extends well beyond these 33 countries.
|
| Belgium * ** |
15,270 |
| Turkey |
6,290 |
| Luxembourg * |
3,513 |
| France |
2,639 |
| Canada * |
1,738 |
| Slovakia |
812 |
| United States |
518 |
| United Kingdom * |
478 |
| Italy * |
302 |
| Australia * |
301 |
| Netherlands * |
254 |
| Spain * |
225 |
| Switzerland * |
220 |
| Ireland * |
200 |
| Singapore * |
125 |
| Germany |
84 |
| China * |
61 |
| Russia |
52 |
| Jersey |
40 |
| Denmark |
38 |
| Israel |
38 |
| Japan |
34 |
| Poland |
26 |
| Sweden |
18 |
| Mexico |
10 |
| Czech Republic |
8 |
| Other countries |
27 |
| Total staff 31/12/2006 |
33,321 |
* RBC Dexia included
** Independent network included |
|
|
|
| Average
turnover: 6.17% |
Average turnover of staff stands at 6.17%. This indicator measures the stability of the workforce and represents the ratio between the termination of contracts with unlimited duration and the average number of staff employed in 2005/2006 under the same type of contract.
|
This traditional indicator is on a par with the average for banking institutions even if two fundamental elements suggest that we should use prudence when interpreting these figures. The first being that there is no official definition for calculating the turnover, the figures published in the marketplace are therefore not necessarily comparable. The second point is that this global figure conceals some very large disparities between the business units and the countries. |
|
|
| 48.26
% female - 51.74 % male |
The global split between men and women evolves in favour of women. In 2005, 46.56% of Dexia’s employees were female, while in 2006 this percentage went up to 48.26%. This can be explained by DenizBank which has a large number of female employees.
|
As a % age
of the total workforce |
| Female |
48.26% |
| Male |
51.74% |
|
|
|
| Employee
shareholding: 4.25 % of
equity |
In 2006, for the seventh consecutive year, Dexia has given its staff the opportunity to share in the company's growth by allowing them to buy shares by means of a capital increase. At the same time, the share plan of 2001 came to an end. Following the latest share plan, seven staff out of ten purchased shares. This means that their proportion of the company’s assets rose to 4.25% of total assets. This puts the staff share in 5th place behind the four main shareholders. Dexia in fact is the only Belgian issuer to offer its staff, whatever their position, this kind of proposal. The success of these operations bears witness to the confidence that the staff have in Dexia and reinforces a sense of cohesion within the Group.
|
|
|
|
| Unlimited
employment contracts: 93.85
% |
93.85% of the Group's staff is employed under contracts with unlimited duration. The fixed-term contracts are used mainly for replacing full-time staff members who are on leave (maternity or sick leave).
|
|
|
|
| Average
age: male, 38.92 - female, 36.23 |
The average age of the workforce has changed substantially between 2005 and 2006. The average age of men went down from 40.38 to 38.92, the average of women went down from 37.76 to 36.23. This evolution is logical since DenizBank has a larger number of younger employees.
Average Age |
| Female |
36.23 |
| Male |
38.92 |
The Dexia workforce forms a generally balanced age pyramid. 42.89% of the workforce are aged younger than 35, and 58.82% are aged younger than 40. The employees who are older than 50 represent 13.67% of the total staff of the Group. |
|
|
|
| Average seniority: 10.66 |
| The average seniority in the Group is 10.66 years. 62.44% of the employees of the Group have worked for the company for less than 10 years which proves the strong development since the creation of Dexia in 1996. |
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|
|
| Part-time
employment: 14.82 % |
In 2006, 14.82% of the salaried staff was hired under part-time contracts.
Breakdown |
| Part
time |
14.82% |
| Full time |
85.18% |
5.5% of men and 24.81% of women work under part-time contracts. Dexia favours part-time work, which allows a better balance between private life and professional life.
In a number of business units such as Dexia Bank Belgium, more than 48% of the women and 11% of the men work part-time. In Dexia Insurance Belgium, these figures are 50% of the women and 8% of the men.
|
|
|
|
| Higher
education: 68 % |
In terms of education 68% of the Dexia workforce has a level of education that corresponds to short-term post secondary school qualifications (Baccalaureate plus three years) or longer post secondary school (Baccalaureate plus 4 years and more).
Salaried staff at Dexia completed an average of 1.94 days of training in 2006.
| Level
of education |
Percentage
of the workforce |
| Elementary |
5.28% |
| Secondary level |
26.29% |
| Post
secondary school short (secondary + maximum 3) |
32.13% |
Post secondary school long
(secondary +4 and more) |
36.30% |
|
|
|
|
| Abenteeism: 7.38 days a year |
| The number of days of absenteeism due to sick leave is on average 7.38 days per year per salaried employee in 2006. This figure does not include absenteeism due to maternity and paternity leave. |
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|
|
| Companies participating in Dexia’s European Works Council: 59
% |
In 2006, the 10 entities that participated in Dexia’s European Works Council represented 59% of the workforce of the Group. The European Works Council is made up of staff representatives whose business units are located in the European Union and whose workforce is more than 150 salaried employees.
The year 2006 was a productive year in the social dialogue field because 42 collective agreements were signed within the principal entities. The subjects of the signed agreements were mainly on remuneration, shareholding, union rights and working time.
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(Methodology: data as at 31 December 2006 from business units in which Dexia holds more than 50% of the assets. The total workforce of 33.321 persons includes the self-employed networks of Dexia Bank and Dexia Insurance Belgium and the joint venture RBC Dexia. This is not the case for all other detailed statistics.) |
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