SberBank

Employees’ Well-Being As A Top-Priority

Sberbank

Authors

Evgeniia Kuvshinova

Evgeniia Kuvshinova

Irma Bolotaeva

Irma Bolotaeva

Valeria Oleynik

Valeria Oleynik

Evgeny Kiselev

Evgeny Kiselev

Anna Fadeeva

Anna Fadeeva

Eleonora Zakhariadi

Eleonora Zakhariadi

School

The Russian Presidential Academy of National Economy and Public Administration (RANEPA)

The Russian Presidential Academy of National Economy and Public Administration (RANEPA)

Professor

Natalia Yankovskaya

Natalia Yankovskaya

Global Goals

3. Good Health and Well-Being 8. Decent Work and Economic Growth

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Summary

With the help of successfully implemented employee healthcare management, it is possible to minimize the costs and motivate employees.

A new quality of employees working in an efficient team is one of SberBank's policy priorities. What is more, the bank offers various initiatives aimed at strengthening the healthy lifestyle of its employees. As part of the contribution to the Sustainable Development Goal 3 Good Health and Well-Being, a project #SberTeam100years was launched.

Innovation

#SberTeam100years is the bank’s healthy lifestyle promotion program that encompasses all areas of physical and mental health. The emphasis of the program is shifted towards promoting tools and forming habits that contribute to the prolongation of a healthy, productive, and quality life for every person in the company.

As stated on their website, SberBank wants everyone in its team to be healthy and full of energy, so the program helps to take care of oneself, which provides recommendations on how to be in good physical condition, maintain peace of mind and improve one’s well-being. Within the framework of the program, lectures on various topics are held with invited experts in the field of health, digital platforms aimed at informing employees about the aspects of well-being and longevity are developed and improved, sports activities and health professionals are available, and high-tech tools such as applications with monitoring of the human condition are launched. SberBank supports employees who go on maternity leave and helps them adapt after their return to work.

The bank wants the employees to be proud to work at SberBank and willing to recommend it to their friends and loved ones as an employer. That is why they are improving the HR services, conducting studies on employee involvement, promoting a healthy work-life balance, and guaranteeing honest and equitable career opportunities.

It is important to note that the well-developed corporate culture is one of the key characteristics, features, and even pride of SberBank. Therefore, following it is a priority, and a great emphasis is placed on its maintenance. And the staff's health is a new stage in the development of the company's corporate culture.


Employees’ Well-Being As A Top-Priority

Inspiration

Employees play one of the most important roles in the successful and continuous functioning of the company. Moreover, employees who are healthy, happy, and satisfied with the company's facilities perform better, work harder, and are more productive and motivated.

Therefore, the idea of improving the psychological and physical condition of the staff is extremely inspiring and attractive. A healthy employee is more likely to show a productive result, which means high-quality work, and this is the key to the success of the whole innovation.

It is vital for the company to reduce the costs of regularly ill staff, reduce staff turnover, increase employee efficiency and their loyalty to the company.

Overall impact

As stated on the website, SberBank fully supports the Sustainable Development Goals and aimed at addressing major environmental, economic, and social problems facing the world. SberBank believes that its sustainable development efforts and responsible business conduct contribute significantly to the achievement of the SDGs.

Sustainable development topics, including the relevant ESG aspects, are high on the agenda of SberBank. The operations have a significant impact on various areas of the life of society, both in the Russian Federation and abroad. The company seeks to maximize the benefits from its operations and to minimize the negative impact.

Taking care of employees is a significant part of their policy. The functioning of all SberBank services depends on its employees, so by applying this innovation, the bank hopes to maintain all processes at a high level.

Business benefit

Yulia N. Zharova, as an employee of SberBank, told us that considering the impact of the SberTeam100 initiative on the functioning of the company, more productive work of the team can be noted. She also highlighted that the relationships within the team had significantly strengthened: the employees managed to properly allocate their time so that they remained full of energy by the end of the day.

“The results of the project implementation can be noted as an increased interest in self-development, and it is easier for employees to find like-minded people among the team and share their experience with each other. They also get access to products and techniques that have a positive impact on energy levels and have a good impact on the progress towards longevity,” she added.

Taking care of the health of the staff is not only a matter of social responsibility of the employer-employee motivation, but it is also a direct investment in the development of the company. This program has a positive effect on productivity during the working day and allows employees to focus better on their task and complete it successfully. Thus, maintaining a stable state of health and well-being of employees allows SberBank to implement projects and cope with tasks more successfully and less expensively.

By implementing this initiative, SberBank addresses not only narrowly focused aspects, such as the health and productivity of its employees, but also promotes a healthy lifestyle, a responsible approach to work and staff, develops the internal ecosystem of the company and maintains stability.

Social and environmental benefit

SberBank is very well known, especially in Russia. Its brand is remembered by everyone, and the associations in the minds of the population connected to SberBank services are mostly positive. Therefore, the implementation of the project may be seen as particularly vital for the society. If this attitude to the staff becomes not just a fashion trend, but the norm and even mandatory for companies, it will be possible to talk about a qualitatively new level of business conduct.

Perhaps, it is worth bringing the idea of SberTeam100 to society, so more people will see the benefits of this project. Moreover, the idea of a healthy and long life will become more popular, and not only SberBank employees will solve environmental problems faced by the whole world, but the society will strive to reduce environmental pollution.

Interview

Yulia N. Zharova, Manager for checking and issuing bank guarantees

Business information

SberBank

SberBank

Moscow, RU
Business Website: https://www.sberbank.com/about
Year Founded: 1841
Number of Employees: 10000+

PJSC SberBank is the largest bank in Russia, Central and Eastern Europe, and one of the leading financial institutions worldwide. In the spring of 2021, Forbes Russia placed SberBank on the first line in the rating of the reliability of Russian banks.

SberBank is the most expensive Russian brand and the strongest banking brand around the globe, according to Brand Finance.

The goal is to make SberBank one of the best finance and technology companies in the world.