Employee data

Our employees are at the services that we provide for our retail and institutional clients. This section provides an insight into our workforces demographic profile. The Group Resources Board have overall responsibility for our people. The Group Remuneration Committee decide upon fair pay and benefits and the Group Equalities, Diversity and Inclusion Committee look at the workforce profile in line with a number of demographic indicators including gender, race, locality, relgious background and tenure.

This data centre is designed to provide you with data to analyse our business. If you have further questions please contact graham.precey@landg.com.

Employees Length of Service

0-5

6-10

11-15

16-20

21-25

25+

Legal & General UK

49.00%

18.00%

16.50%

9.70%

1.70%

5.10%

Legal & General America

50.10%

21.10%

14.60%

7.69%

1.97%

4.54%

Number of Employees

2012

2013

2014

2015

2016

*

Previous data included our business in France. We sold this business in Q2 2015.

**

Includes Legal & General Retirement America

UK employees

7,400

7,394

7,222

7,345

6,351

Overseas Subsidiary Employees (Netherlands, US)*

944

1,030

1,043

664

515

Age Bandings

18-25

26-35

36-45

46-55

56-65

66+

Heads

8.0%

31.8%

33.0%

20.7%

6.2%

0.3%

UK Sickness By Year

2012

2013

2014

2015

2016

In the US, we can't count protected absences in an absenteeism calculation or take action against any employee who uses leave under the protection of federal and state leave laws. We have an independent outside company, UNUM, who manages all requests for protected leave. UNUM reviews all requests for protected leave, while confirming compliance with federal and applicable state leave laws. Managers are responsible for maintaining employee attendance for their direct staff. If the employee's absenteeism rate exceeds 3%, not including protected leave, the manager is responsible for taking appropriate actions.

% days lost to sickness due to psychological illness

24.4%

22.8%

23.9%

22.4%

27.7%

Employee turnover by country

2012

2013

2014

2015

2016

1

Annualized Employee Turnover not including the Groupwide Reduction in Workforce initiative

2

Annualized Employee Turnover including the Groupwide Reduction in workforce intiative

Legal & General America Turnover as a percentage of LGA Workforce

6.30%

7.90%

10.28%

10.23%1
19.21%2

7.49%

UK Turnover as a percentage of UK Workforce

8.1%

10.4%

14.4%

15.5%

12.8%

UK employee union membership

2012

2013

2014

2015

2016

Unite collectively represents grades 1-5 (up to LGIM grade 4) and has a membership within this group of 36.7%. Across all employees and grades, the total membership is 31.8%. Unite has seen a negative impact on membership density during 2016, due to the closure of the Kingswood location, the sale of Cofunds and IPS to Aegon and the sale of Suffolk Life to Curtis Banks. However, recruitment in the remaining areas of union recognition remains strong and Unite will continue to engage with the company regarding further areas of expansion. Unions in US and Netherlands do not apply.

Percentage of UK Employees who are members of Unite

34.0%

33.8%

28.8%

39.6%

36.7%

Workforce flexibility

2012

2013

2014

2015

2016

Percentage of UK Workforce

 

 

 

 

 

on Full Time Contracts

86.00%

85.40%

85.75%

85.62%

85.70%

on Part Time Contracts

14.00%

14.60%

14.25%

14.38%

14.30%

Percentage of US Workforce

 

 

 

 

 

who work on a full-time basis

95.00%

95.20%

95.72%

95.79%

96.06%

who work on a part-time basis

5.00%

4.80%

4.28%

4.21%

3.94%

Percentage of LGA Workforce

 

 

 

 

 

who tele-work

n/a

n/a

n/a

31.86%

30.37%

who work at the home office

n/a

n/a

n/a

68.14%

69.63%

2016 UK Headcount by Gender and contract type

 

Percentage by gender in Full Time contracts

Percentage by gender in Part Time contracts

Female

40.7%

89.2%

Male

59.3%

10.8%

Average Salary by Grade Grouping, Gender and Contract Type (Legal & General Investment Management Only)

Grade Grouping

Full Time

Part Time

Female

Male

Grand Total

Female

Male

Grand Total

Leadership

£144,013.70

£158,745.74

£155,695.50

£141,843.40

£137,109.25

£140,490.79

Managers

£62,505.80

£68,656.30

£66,707.15

£60,905.71

£70,581.41

£62,047.98

Staff

£26,610.98

£29,197.78

£27,986.74

£25,517.92

£25,680.78

£25,534.64

Employee development

2012

2013

2014

2015

2016

Percentage of UK staff agree they have the opportunity to learn and develop at work in Employee Survey

76%

76%

73%

68%

73%

Percentage of Legal & General America staff agree they have the opportunity to learn and develop at work in Employee Survey

81%

79%

85%

83%

84%

Total Investment in Employee Development

 

 

 

 

 

UK (£m)

1.7

3.6

3.8

3.5

3.7

Legal & General America ($m USD)

0.3

0.3

0.4

0.2

0.2

Legal & General UK Gender Split

2012

2013

2014

2015

2016

Male

50.66%

51.00%

51.12%

51.35%

52.40%

Female

49.34%

49.00%

48.88%

48.65%

47.60%

Legal & General America Gender Split

2012

2013

2014

2015

2016

Male

34.49%

34.52%

34.91%

33.87%

33.53%

Female

65.51%

65.48%

65.09%

66.13%

66.47%

UK Employee Gender by Grade

Staff Grade Number

Staff Gender

Heads Total

Female

Male

Key:

1

General Employee Grades

2

General Employee Grades

3

General Employee Grades

4

General Employee Grades

5

Management Grades

6

Management Grades

7

Senior Management

8

Senior Management

1

59.8%

40.2%

1,171

2

58.8%

41.2%

922

3

53.4%

46.6%

800

4

47.6%

52.4%

1,264

5

38.5%

61.5%

1,126

6

32.3%

67.7%

807

7

23.1%

76.9%

216

8

25.0%

75.0%

45

CHAIRMAN/NEDS

23.5%

76.5%

12

 

47.6%

52.4%

 

Legal & General America Gender by Grade

 

Female

Male

Officer

25.64%

74.36%

Professional/Managerial

58.52%

41.48%

Support Staff

85.35%

14.65%

2016 UK Natural Leavers By Age Bandings

 

18-25

26-35

36-45

46-55

56-65

66+

Total

Count of Staff Number (Info)

239

579

369

236

65

5

1,493

2016 UK Redundancies By Age Bandings

 

18-25

26-35

36-45

46-55

56-65

66+

Total

Count of Staff Number (Info)

4

78

153

150

68

5

458

2016 UK Retirements

 

Total

14

2016 UK joiners and leavers by age band

Location

Joiner

Leaver

18-25

26-35

36-45

46-55

56+

0-25

26-35

36-45

46-55

56-65

66+

Birmingham GIO

38

64

16

5

2

19

40

17

7

1

 

Bristol

 

 

 

 

 

1

 

 

 

 

 

Cardiff

98

142

54

17

3

26

65

33

12

4

 

Edinburgh

 

 

 

 

 

 

 

1

 

 

 

Homebased

 

5

10

18

3

 

19

36

40

17

 

Hove

63

78

44

24

7

41

116

80

71

27

3

Kingswood

16

17

4

3

1

15

76

74

93

36

5

LGEA Barnsley

19

10

1

4

2

6

7

 

1

1

1

London

43

144

83

33

7

15

84

99

33

11

1

Non L&G Sales Office

 

2

1

 

 

1

13

20

25

19

 

Other

44

25

19

11

4

119

246

174

115

19

 

Total

321

487

232

115

29

243

666

534

397

135

10

Legal & General America – Joiners and leavers by age bandings

Age Bandings

Joiner

Leaver

18-25

26-35

36-45

46-55

55+

0-25

26-35

36-45

46-55

56-65

Legal & General America

6.12%

30.61%

18.37%

34.69%

10.20%

0.00%

19.51%

29.27%

24.39%

26.83%

2016 UK joiners and leavers by gender

Location

Joiner

Leaver

Female

Male

Female

Male

Birmingham GIO

64

61

35

49

Bristol

 

 

 

1

Cardiff

161

153

72

68

Edinburgh

 

 

 

1

Homebased

11

25

30

82

Hove

121

95

196

142

Kingswood

20

21

188

111

LGEA Barnsley

18

18

12

4

London

118

192

98

145

Non L&G Sales Office

2

1

19

59

Other

6

42

348

325

Total

521

608

998

987

Legal & General America – Joiners and leavers by gender

Gender Split

Joiner

Leaver

Female

Male

Female

Male

Legal & General America

65.31%

34.69%

60.98%

39.02%

Legal & General America Ethnic Origin

2012

2013

2014

2015

2016

American Indian or Alaskan

0.19%

0.00%

0.00%

0.00%

0.00%

Asian

9.63%

9.79%

10.36%

10.42%

10.65%

Black or African American

22.16%

21.17%

21.64%

19.04%

18.94%

Hispanic or Latino

3.66%

3.20%

3.09%

3.01%

2.76%

Two or more races

2.12%

2.14%

2.00%

1.80%

1.97%

White

62.24%

63.52%

62.91%

65.53%

65.48%

Hawaiian/Pacific Islander

0.00%

0.18%

0.00%

0.20%

0.20%

2016 UK Heads by Ethnicity

 

Heads

White

4,400

BAME

557

Non-Disclosed

1,394

Our people – Health and safety statistics

 

2012

2013

2014

2015

2016

*

As defined by RIDDOR Regulations 1995.

**

Reportable incident rate per 100,000 employees.

We continue to monitor health and safety performance via local committees, which report into the Group health and safety committee. The local health and safety committees meet regularly and represent a cross section of departments and also encourage staff

UK employees

7,400

7,394

7,222

7,345

6,351

UK reportable accidents*

4

4

3

0

0

UK incident rate**

54

54

42

30

24

UK fatal accidents

Nil

Nil

Nil

Nil

Nil

UK prosecutions

Nil

Nil

Nil

Nil

Nil

UK dangerous occurrences*

Nil

Nil

Nil

Nil

Nil

UK reportable diseases*

Nil

Nil

Nil

Nil

Nil

UK prohibition notices

Nil

Nil

Nil

Nil

Nil

UK other enforcement notices

Nil

Nil

Nil

Nil

Nil