Personnel and organisation

Introduction

2008 was the year of integration of BinckBank and Alex Beleggersbank. The doubling in the size of the business had a significant impact on how we organise our HR policy and personnel administration and how we support the management and staff.

Heavy demands were made on BinckBank's staff in 2008 in connection with the integration project and the changes to working practices which they were asked to accommodate, all without disturbing the organisation's onward progress. These changes meant not only learning new things and taking on greater or different responsibilities, but also having more scope for individual initiative. For some staff, the changes brought uncertainty and even disappointment, emotions that inevitably accompany an acquisition. Now, over a year later, we can report that former competitors Alex and Binck are working together towards a shared future.

2008 was an eventful year for human resources. As well as intensive consultation with the Staff Council, a new administration system was introduced, new staff joined the company and, together with numerous other changes, new working practices were introduced.