Generation management

Hannover Re has been quick to respond to the challenges of shifting demographics. By offering a suitable range of seminars for our older members of staff, we support their performance capability with an eye to specialist, personal and health considerations. A new seminar entitled "Purposeful steps for easing into retirement", for example, helps older personnel to tackle their final years with the company actively and prepare for the pension phase some years prior to actually stopping work. We are also taking various steps to counter the change in the age structure of our workforce by improving cooperation between new recruits and long-standing employees. In the past, work in mixed groups has proven especially helpful and promising for the company.

The age structure of our Group's workforce in 2015 again reveals a balanced picture: 13.3% of our employees are under 30, 62.2% are aged between 30 and 50 and 24.5% are over 50. A comparison of the age structure over the years, however, shows a trend in line with the shift in demographics. The proportion of employees aged "50 and over" rose steadily by 3.5 percentage points in the period from 2011 to 2015.

Age structure of the workforce in 2014 and 2015

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