There were 531 employees working at Latvijas Banka at the end of 2024, including 12 employees with a fixed-term employment contract (at the end of 2023 – 531 employees and 8 fixed-term employees respectively).
At the end of 2024, 46% of Latvijas Banka's employees were men and 54% were women (at the end of 2023 – 47% and 53% respectively). Regarding managers, 46% were men and 54% were women.
A Counsellor of Latvijas Banka worked at the Permanent Representation of the Republic of Latvia to the EU in 2024.
Similar to previous years, Latvijas Banka organised training sessions for employees to foster their professional development and growth, while also enhancing their expertise. Staff training costs at Latvijas Banka were 1.5% of the total spending on staff remuneration in 2024, and 1.2% in 2023.
At the end of 2024, 93% of Latvijas Banka's employees had completed higher education, and 4% of them held a PhD degree – unchanged from 2023.
Chart 1. Education of Latvijas Banka's employees (at the end of 2024; %)
According to data from a survey to identify the most attractive employer conducted by SIA TNS Latvia in 2024, Latvijas Banka was highly rated as an attractive employer, securing 2nd place among all companies and institutions in the financial sector. Employees recognised Latvijas Banka as a stable and trustworthy employer with a solid reputation, placing it 7th among the most attractive employers in Latvia.
In 2024, Latvijas Banka was awarded the status "Family-friendly workplace" under a programme implemented by the Society Integration Foundation.
Latvijas Banka also earned bronze status in the diversity assessment conducted under the Society Integration Foundation's employers' movement "Power in Diversity!". This status is awarded in recognition of strong performance in the implementation of diversity principles and a demonstrated commitment to fostering an inclusive work environment.
In 2024, Latvijas Banka launched a dedicated career website and introduced a state-of-the-art system for candidate selection and management. In the reporting year, Latvijas Banka welcomed 39 new colleagues to its team. A total of 1122 candidates demonstrated their interest in joining Latvijas Banka through selection competitions.
15 students participated in Latvijas Banka's summer internship programme, while 23 students attended Latvijas Banka's Shadow Day, promoting the institution's recognition as an employer among the youth audience.
In the reporting year, Latvijas Banka launched a competency development programme for managers, future managers, and experts, with 72 employees participating. The programme received an average rating of 8.6 out of 10 from participants.