Various diversity metrics for Hoist Finance are presented below. Here, all data are presented based on headcounts, as we aim to use FTEs when analysing efficiency but headcounts when analysing demographics and diversity. Find more information about the diversity of our Parent Company Board of Directors here.
In addition to information about the diversity among employees, management and Board of Directors, we are also eager to track the pay ratio and parental leave discrepancies based on gender over time to measure progress. As seen in the table below, female salaries are lower than male salaries, which largely depend on women being less represented in management positions. During 2021, 1645 Hoist Finance employees were entitled to parental leave, and 100 employees started a cycle of parental leave. Out of these employees, 80 were women and 20 were men.
|Diversity among Board of Directors, management and employees||2021||2020||2019|
|Percentage of employees, women||62%||62%||59%|
|Percentage of managers, women||48%||53%||45%|
|Percentage of executives, women||45%||-||-|
|Percentage of Parent Company Board of Directors, women||25%||57%||50%|
|Ratio: Median Female Salary to Median male Salary||0,85:1||-||-|
Age distribution among employees and managers
People turnover and sick leave
The staff turnover for 2021 is presented below. The reason for the gradual decrease in staff turnover since 2019 depends mainly on how we have handled the pandemic and provided larger opportunities to work in a hybrid work model. During 2021, 60 per cent of new employees were women and 40 per cent were men. Divided on age, 26 per cent were under 30 years old, 63 per cent were between 30-50 years old, and 11 per cent were over 50 years old.
Short-time absence due to illness increased since 2020, but remains lower than before Covid-19, as the development below demonstrates. The reason for the higher rate in 2021 compared to 2020 was that more people returned to our offices, while in 2020 many employees worked only from home. During 2021, there was one reported work-related injury among all employees.
|Turnover and sick leave||2021||2020||2019|
|Staff Turnover (%)||25,5%||26,3%||29,9%|
|Sick leave (%)||2,85%||2,62%||3,31%|