Employees
- Social Security
- Diversity
- Equal Opportunities
- Training and Further Education
- Health Protection
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Social Security
The Bank provides all employees in Germany and abroad an employer and employee-financed company pension scheme in line with market standards as well as other social benefits.
Diversity
Our Diversity Management scheme helps create a work environment in which individuality and diversity are respected and supported. Back in July 2004, the Managing Board and the Staff Council signed the “Fairness at Work” enterprise agreement, which prohibits any form of discrimination on the grounds of age, gender, disability, nationality, cultural and religious identity and sexual orientation.
Equal Opportunities
As provided for in our 2005 Equal Opportunities Plan, we have largely aligned the salaries of male and female employees in comparable positions and with a comparable performance. The special needs of working parents are met through flexible working hours, part-time models, day-care advice and nursery school places. One outcome of our efforts to create a family-friendly corporate culture was the confirmation in 2009 of our certification to the berufundfamilie (career and family) label, an initiative of the not-for-profit Hertie Foundation. Thanks to numerous initiatives for promoting equal opportunities, we have steadily increased the percentage of women in senior positions in recent years. Women now account for just under 22 percent of the WestLB management, while nearly 28 percent of our qualified specialists are women.
Training and Further Education
In spite of the considerable challenges the Bank faces, we continue to attach importance to the high level of qualifications of our employees.With a view to maintaining the qualifications of our teams at a high level and improving them in line with actual requirements, WestLB invests heavily in staff development. Training courses which are compulsory for most employees include seminars on compliance (with laws and regulations), money laundering, data protection, operational risk management Employees working in business units involving specialised finance undergo extensive training on environmental issues and development policy. We also offer various further education training on, for example, the Equator Principles or environmental and sustainability issues.
Health Protection
The physical and mental well-being of our employees at work is the responsibility of WestLB’s in-house medical service and the WestLB Social Counselling Service in Germany. With a view to preventing physical problems at work, we also attach great importance to the ergonomic design of workplaces. Given the steady rise in work-related psychological disorders, WestLB’s Social Counselling Service shows employees ways of coping with stress but has also installed an internal, confidential counselling desk that offers effective help at an early stage. A focus of their work is on dependency prevention, which has been supported by the enterprise agreement on “dependency prevention at the workplace” since July 2004.