COMMERZBANK AKTIENGESELLSCHAFT

8
Commerzbank AG
Staff integration completed, organisational development continues
The integration of Commerzbank’s and Dresdner Bank’s staff was completed in the year un-
der review. As of July 1, 2011, some 2,500 more staff were assigned to their final target func-
tions. Further progress was made with the integration-driven job cuts.
We also pressed ahead with organisational development after integration had been com-
pleted. An important tool for this was the Commerzbank Monitor. The corporate culture in
the direct work environment, the excellent cooperation within teams, plus the performance
and customer orientation of staff, were identified as strengths throughout the Bank. The
management work of direct line managers was also given a high rating, as were the Bank’s
health offerings. At the same time, however, the Commerzbank Monitor also revealed shortcomings,
with staff sceptical about the Bank’s overall situation. A need for improvement was
identified in staff professional development and in implementing the Bank’s target image.
Furthermore, more than 1,600 managers received in-depth reports for their unit in mid-
December 2011, which they are using to implement concrete measures in divisions and
departments.
Hiring young talent, developing staff
The skills and qualification of our staff are crucially important for the success of our business.
To keep on continually expanding those skills, we are taking a comprehensive development
approach from junior staff to top management level. We encourage our young talent
from the very beginning and offer attractive development opportunities in technical, management
and project careers.
Since 2010, we have been making more use of social media platforms to communicate
with potential young talent. We not only reach out to potential young talent via social media
but also in person. In 2011, we organised application training events in schools and used
case studies to place pupils into entrepreneur roles. We also participated in cross-sector
young talent development programmes, such as the Start Foundation, “business@school”
and “Handelsblatt macht Schule”.
We normally train beyond our requirements to give a large number of students the opportunity
of professional training. This way we invest in the Bank’s future and also underpin our
social commitment. In 2011, we took on more than two-thirds of all trainees who wanted to
transfer, giving them interesting career prospects in the Bank.
Promoting health, living and working actively
We have used numerous measures to promote and help staff stay healthy at work. In doing
so, we improve well-being, motivation and the performance of our employees. Our health
management constantly expands and optimises the offers to reflect the changing requirements
of the professional daily routine. We introduced the “Health in Commerzbank” interactive
training programme last year to improve staff awareness of health issues. This Intranet
programme covering topics such as health in the workplace, stress management, how to
avoid addiction, eating and exercise has to be completed by all Commerzbank Aktiengesellschaft
staff in Germany.