Support knowledge and control over finances, protection against the unexpected and building savings

Alongside competitive compensation, we offer pension plans in most locations worldwide. Complementing social security and private savings, these pension plans are usually employer-financed, offer matching contributions, or provide the option to convert parts of compensation into pension contributions.

Deutsche Bank continues to solidly fund its pension obligations and increased the funding ratio to 102% as of December 31, 2021 – one of the highest funding ratios of the DAX40 companies. The investments of our pension plans are regularly reviewed to adequately reflect the obligations.

In many locations, Deutsche Bank also offers a variety of life, disability and medical insurance programs in order to protect our employees and their families. We constantly review our offering to ensure it meets the needs of our employees.

In India, we extended the insurance cover to include COVID-19 treatment & home/institutional quarantine.

In the US, we hosted a series of financial wellbeing sessions focusing on topics such as: Creating a budget, Women Talk (a program for and by women) and Basics of Estate Planning. The sessions aim to demystify some of our everyday financial worries helping us to take better control of our finances, to protect against the unexpected and plan for the future. We further offered one on one sessions with a financial advisor. In the UK we implemented a new benefit – ‘Nudge’, which seeks to provide financial education and increase financial wellbeing.

In 2021, 11,838 employees from 18 countries across the Bank participated in the Global Share Purchase Plan (GSPP), with employees purchasing Deutsche Bank shares in monthly installments and participating in the Bank’s long-term performance. At the end of the annual purchase cycle, the acquired shares are matched up to a maximum of ten free shares. In the UK, 4795 employees currently participate in the Employee Share Ownership Plan (ESOP) or the Share Incentive Plan (SIP).

In Asia-Pacific the EAP vendor launched a Financial Wellbeing Toolkit. Sessions on financial awareness run in countries like Hong Kong and China.

How we safeguarded our employees' wellbeing during challenging times Wellbeing in the pandemic

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As the COVID-19 pandemic continues to dominate the world, we placed increased focus on the physical wellbeing of our employees. We have launched a comprehensive COVID-19 vaccination and booster campaign for our employees in various regions, which have been and are still on offer throughout the pandemic.