Internal job market

The Vienna Insurance Group internal job market has become an important tool in the Company. Close to 30% of available positions were assigned internally to dedicated and qualified applicants in 2012. This opens up new and exciting international career prospects for employees and retains their knowledge within the Group. VIG therefore plans to use new initiatives to further expand the Group-wide internal job market.

Support for students and graduates from the CEE region

In cooperation with educational institutions and student networks, the Group is performing targeted personnel marketing aimed at both increasing Company awareness in this target group and improving access to top graduates. In 2012, VIG once again provided support for students and graduates from the CEE region and for young, highly-talented trainees with an affinity for this region.

Together with its principal shareholder, Wiener Städtische Versicherungsverein, VIG renewed its support for the "European Fund for the Balkans" by providing scholarships for students from the CEE region. The goal of this organisation is to bring the Western Balkans, including political and economic conditions, closer to the EU. The Group also provided scholarships to selected high potential individuals with a CEE background enabling them to attend the Summer Academies of the Bled School of Management in Slovenia. In addition, the foundation was laid for cooperation with the Master Class Central & Eastern Europe study programme at the Vienna University of Economics and Business, a compact, practice-oriented study programme focusing on the areas of management and business in the CEE region.

During expansion of its cooperations with national and international educational institutions, VIG plans to further develop its access to high potential individuals as an additional recruiting channel in 2013, and position VIG as an attractive regional employer with an international background.

Mobility in practice

Internationality, diversity and mobility are very important to Vienna Insurance Group. Close cooperation and exchanges between the holding company and Group companies are part of the day-to-day life of the Company. VIG mobility initiatives in 2012 included four job rotation programmes in the asset management, actuarial, enterprise risk management and controlling areas. Participants came from Bulgaria, Georgia, Slovakia, Serbia, Czech Republic and the Ukraine. Many individually-tailored knowledge transfer trips also took place, in which highly compressed training courses were used for intensive knowledge transfer during short stays of two to ten days. In addition, custom-tailored introductory programmes were used to provide both new and established employees and executives with a look into a variety of companies in different VIG countries to prepare them for their (new) positions.