Deutsche Bank is committed to carrying out staff reductions in a transparent and socially responsible manner. Whenever possible, the bank offers affected employees vacant positions within the organization that are suitable to their skills and interests. A comprehensive , especially in growth areas such as technology and digitization as well as in control functions. In addition, the bank has been able to source more than 1,000 vacancies outside the organization through a newly established network of external partners.
In Germany, the “Mosaic for Employment” program, a service offering for employees first established in 1998 and embedded in Deutsche Bank’s social plan, plays an important role in change processes. The team of professional coaches and change counsellors offers support for professional orientation and redeployment in restructuring phases as well as ongoing services for employees’ personal development and career planning.
Since the end of 2015, the team has provided a range of support measures as part of a comprehensive change concept – aligned to various target groups and phases – to help employees pro-actively address transformation scenarios. To prepare for specific challenges in a leadership role, managers have been offered a dedicated workshop as well as briefings on how to conduct orientation and feedback conversations in a professional manner.
To enable employees to deal with upcoming changes early on, the Mosaic for Employment hosted a number of presentations on change and future-oriented thinking in 2016. Workshops and systematic individual coaching on placement procedures and new positioning started in the second half of the year. These measures aim to help employees gain clarity on their professional situation and perspectives, define their individual skills and experiences and identify suitable job options. This approach serves to enable employees to position themselves confidently and in the most effective manner possible during job interviews and applications.
Throughout the year, around 16,000 employees and managers in Germany made use of the various offerings. This has contributed to a transparent, fair and opportunities-focused transformation process and led to a number of placements in alternative positions even at an early stage of the transformation implementation.