Equal pay for equal work for men and women at a.s.r.

Gender equality is an important topic within a.s.r.'s Diversity, Equity, and Inclusion (DEI) policy. To monitor whether the policy is effective in practice, a.s.r. conducts an annual Gender Pay Gap analysis. The report for 2024 shows that men and women at a.s.r. are paid equally for equal work. The Gender Pay Gap is 0%.

For this calculation, a.s.r. uses the average full-time gross annual salary of all men and women at a.s.r. and adjusts – to make a fair comparison – for type of work, age, and years of service. This adjustment is necessary because women at a.s.r. often perform different types of work (more often in customer service) than men (more often in insurance related roles and management). Additionally, women at a.s.r. are generally younger than their male colleagues and, regardless of their age, have been employed at a.s.r. for a shorter period on average than men. Type of work, age, and years of service are factors that correlate with salary.

Jolanda Sappelli: ‘Women and men at a.s.r. receive equal pay for equal work. However, our ambition is also to achieve a more proportional distribution of women and men in management and specialist roles. This will help close the pay gap caused by the fact that women and men traditionally perform different professions. We are already working hard on this. Equal pay is an important condition, but not enough to achieve gender equality.’

With a corrected pay gap of 0%, a.s.r. performs significantly better than the business sector in the Netherlands, where the corrected pay gap according to the latest CBS figures (2022) is 6.9%. In the Financial Services sector, the pay gap is a little wider at 10.4%. This year, a.s.r. – with a fresh methodology on the Gender Pay Gap analysis -  is also anticipating the upcoming European Pay Transparency Directive, which will be incorporated into Dutch legislation by 7 June 2026 at the latest. This directive aims to ensure that men and women receive the same pay for the same work.