Our staff's motivation and willingness to work hard are key success factors of our value-oriented management concept. Consequently, we continually invest in training and business education for our employees, and in corporate healthcare. In 2010, we intend to carry out a staff survey within the LLB Group.
Development of headcount
In the last five years, the total headcount has more than doubled. In 2009, we employed 1'220 persons groupwide. Adjusted to consider part-timers, the number of jobs climbed by 4.4 percent to 1'054.
Even the LLB Group was unable to escape the effects of the financial and economic crises. However, thanks to our effective human resources policy, no jobs were lost and no recruitment stop was imposed.
The overall staff turnover rate of the LLB Group declined to 9.7 percent (previous year: 11.6 %). The average length of service at the parent bank was 7.8 years (previous year: 7.5 years). 371 employees have worked for us for ten or more years.
The average age of employees is 39.3 years (previous year: 38.8 years). The age group from 35 to 44 is the largest with 30 percent, followed by the age group from 45 to 54 with 24 percent. The ratio of male to female employees stands at 51 percent to 49 percent. The majority of part-timers are women.
The LLB Group employs people from 28 nations, 83 percent of our staff are Liechtensteiners or Swiss. Around 36 percent of employees are resident in the Principality of Liechtenstein.
In view of the demographic transformation and globalisation, diversity has become a key topic within the Group in recent years. A mixed team – according to age, gender and nationality – promotes an open relationship between the different generations and cultures. In line with our growth strategy, the development of new markets in particular demands a deep knowledge and understanding of other traditions and cultures from our client advisors.
Development of headcount at the LLB Group2005–2009, Employees (full-time equivalent basis)
* Majority shareholding in Bank Linth LLB AG.