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Social data

This is a sample of Swedbank's social sustainability data. For complete results reporting, download Sustainability Factbook (xls)

Internal training¹ 2019 2018 2017
Total number of training hours² 556 983 465 165 449 083
Training hours per full-time employee (average FTE)² 37 32 31
Training programmes in Ethics (number)³ 3 693 3 070  
Training programmes in Sustainability (number)  15 896  2 837  
Training programmes in Anti-money laundering and counter-terrorist financing (number)  15 976  23 292  
Number of advisors with Swedsec license 4   4 023  4 035 4 062
Number of employees who completed the annual knowledge update (ÅKU) 4  5 743  6 143 3 971

1) The Board of Directors received training in 2015 in ethics and insider rules and in 2019 in new security laws and information and cybersecurity.
2) The number of training hours measures only how large a percentage of skills building is done through traditional training (e-training and classroom training). The table also includes savings banks.
3) Contains a section on anti-corruption policies and procedures.
4) Refers to Sweden.

Employee survey, index 2019 2018 2017
Sustainable Employee Index¹ 78    
Engagement index
 81 78  
Recommendation Index Results/Comparison² 
 33 24 21
Leadership index 85   86

¹ The survey was revised in 2019, so no comparable data are available.
² Likelihood of recommending Swedbank as an employer outside the company (eNPS). Calculated on a scale of 0–10, where the share of negative responses (0–6) is subtracted from the share of positive responses (9–10).

Gender distribution for all employees,
Group Executive Committee and
Board of Directors (%)

2019

Female

2019

Men

2018

Female

2018

Men

2017

Female

2017

Men
All employees 63 37 63 37 64 36
Swedbank’s Board of Directors 44 56 50 50 45 55
Group Executive Committee incl. CEO 33 67 41 59 42 58
Group Executive Committee and their respective management teams 42 58 37 63 41 59
Boards of Directors in the entire Group incl. subsidiaries 39 61 45 55 46 54
Senior executives in the entire Group incl. subsidiaries 35 65 34 66 41 59
Gender equality and diversity 2019 2018 2017
Rate of employee turnover by gender (%)      
men 10.4 11.8 11.4
women 9.3 9.8 10.0
Wage difference women vs. men, management positions, by country (%)¹ ² -31 -32 -33
Wage difference women vs. men, specialists by country (%), Group Total² -32 -34 -37

¹Includes management positions at every level. HR responsibility is the common denominator.
²The table does not take into consideration either profession or management level. One reason for the differences may be that men still hold more management positions at a higher level with higher salaries.

Sustainable employees 2019 2018 2017
Sick leave Sweden 3.8 3.7 3.6
Sick leave Estonia 1.8 1.5 1.5
Sick-leave Latvia 2.8 2.5 2.3
Sick leave Lithuania 1.7 1.8 1.6
Sick leave Group 3.0 2.9 2.8

¹ Refers to the Swedish operations. Long-term healthy refer to employees with a maximum of five working days of sick leave during a rolling 12 month period.

Labour/management relations Units 2019 2018 2017
Percentage of employees with collective or local agreement or covered by Labour law - Sweden¹ % 100 100 100
Percentage of employees covered by collective bargaining agreements (100% in Sweden and Lithuania) % 69 69 69

¹ The members of the Group Executive Committee are not covered by collective agreements (except the holiday regulations) and the Act on Employment Protection.

Paid parental leave  
Country Parental leave contributions
Sweden 

10% of the salary up to 10 price base amounts (maximum 360 days)
Estonia 100% of the income (subject to social tax earned) in the calendar year prior to the day on which the right to the benefit arose but not more than 3319,80 euros per month for the maximum 435 days.
Latvia 70% of the average salary, but not less than 171 EUR/month*
Lithuania 100% of the salary if the employee get state benefit up to the day the child reaches one year**

*If the employee will choose to get state benefit up to the day the child reaches the age of one year, the parent's benefit will be 60% of the average wage and 43,75% if the employee choses to get state benefit until the child reaches the age of one and a half.
** In alternative, 70% of the salary the first year if the employee get state benefit up to the day the child turns 2 years and 40% of the salary the second year.