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Potential analysis through improved, structured staff interviews, poten- tial analysis interviews, personnel portfolio conferences and an attrac- tive “Top Talent Programme” for junior management in conjunction with systematic management development (potential pools) help ensure the long-term maintenance of exceptional professionalism. We also bond insurance and managerial staff by performance-related remuneration.

Improved international human resource management

As a global insurer with branch operations in more than forty countries, Gerling naturally promotes internationalism in its workforce through global recruitment as well as secondments and assignments abroad for senior and junior managerial personnel. The country and region specific qualifications of personnel outside Germany are supplemented by extensive use of the personnel development tools used in Germany to ensure the same degree of professionalism throughout the Gerling Group. This strengthens our international expertise and our interna- tional market presence.

Personnel-related expenses in € 1,000

Wages and salaries

Social insurance contributions and family aid

Retirement Total

benefits

2001

2000

30,154

29,951

6,634

5,407

2,4502,350

39,238

37,708

Flexibilization and work models geared for efficiency

Extensive flexibilization of working hours and performance-related remuneration are two elements of our cost and profit oriented work models – models which are intensely client-oriented, boost staff motivation and offer scope for personnel to tailor working hours to personal requirements.

54 Gerling-Konzern Globale Rückversicherungs-AG/Management Report

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