Average age (years)

Average age of employees on reporting date. 
Important note: No child labor (below 15 years old) exist

Core business

All companies in and related to the insurance and asset
management business including our banking activities. Excluded are fully consolidated companies which are considered as pure financial investments, non-profit organizations e.g. foundations, and companies classified as held for sale.

Fulltime equivalent (FTE)

The equivalent to one full-time employee. A full-time equivalent of 1.0 means that the person is equivalent to a full-time worker, while an FTE of 0.5 signals that the person is working half-time.

Human Capital Return of Investment (ROI) (%)

This metric shows how effectively the investment in human capital is supporting the organization’s goals. Human capital RoI means the amount returned for every euro spent (e.g. employment costs) on human capital. It shows the ratio of income/revenue to employment costs.

Internal mobility rate

Sum of internal hires (within Allianz Group) divided by the average number of core business employees. Not included are intra-company movements and promotions.

International assignments

Number of employees working in a foreign country for a
predetermined period of time and the intention to return to the assigning company after completion of the assignment.

Length of service in years

Period of employment in Allianz companies starting from the date of the first entry in an Allianz company.

Manager

Employee who is functionally responsible for other staff,
regardless of level, e.g. division, department and team manager.

Number of misconducts as termination reason

The number of employees whose employment contract with the organization was terminated during the reporting period due to failure to fulfil the conditions of employment, the Allianz Group Code of Conduct, corporate rules, or applicable laws and regulations.
Source: SAP Success Factors Analytics (representing as of 31.12.2021, 89% of the total workforce).

Number of people killed during work accidents

KPI not reported in 2020 due to not being considered part of the Allianz risk model (no fatal occupational injuries caused by hazards which are inherent in or related to the type of work within the Insurance sector are known/reported internally). 

Percentage of employees trained in course subject: Legal and Compliance (%)

The number of employees who completed a training class on legal and compliance during the reporting period (e.g. Anti-Corruption and Anti-Fraud training, Anti-Money Laundering) divided by the average number of headcounts for the reporting period.  
Source: SAP Success Factors Analytics (representing as of 31.12.2021, 89% of the total workforce).

Salaried workforce

Employees (headcount) on the reporting unit’s payroll, excluding:
e.g. employees on sabbatical leave, employees on non-paid
parental leave.

Sick leave days

Total number of working days missed due to sickness.

Staff

Employee who is not functionally responsible for other employees.

Time to fill vacant positions (days)

Average days of job requisition creation until requisition was closed across Allianz organizational entities.
Source: Report from SAP recruiting system.

Time to fill vacant critical positions (days)

Average days of job requisition creation until requisition was closed across Allianz organizational entities for the top 5 critical business areas (in terms having a direct and significant impact on organizational outcomes).
Source: Report from SAP recruiting system.

Training expenses

Effective spending on training per employee, excluding related expenses (e.g. travel expenses) and further costs (e.g. internal academy costs).

Training days per employee

Average number of training and learning hours spent by employees in training.

Turnover rate

Number of employees leaving the Allianz Group divided by yearly average number of employees.