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Society achieves one star accreditation in Best Companies scheme

Added: 4 February 2015

Ipswich Building Society achieves one star accreditation in
Best Companies scheme of the UK's top employers

best companies 2015 web

Ipswich Building Society has been awarded one star status by Best Companies in its ranking of the UK's top performing companies based on excellence in the workplace. The Society has achieved the accreditation for the fourth year running.

In order to be considered for accreditation, a company's employees are surveyed by Best Companies. Their methodology, the BCI Measure, is widely recognised as the most academically rigorous measure of workplace engagement. The Society had to score well in a number of areas, including management, company culture, team-working, 'giving something back' leadership and wellbeing.

The survey of Ipswich Building Society had a response rate of 85 per cent. There were three main categories in which the Building Society improved on its score from the previous year; 'My Team' which examines how employees feel towards their immediate colleagues and how well they work together, 'My Company' which measures the level of engagement employees feel with their job and organisation, and 'Personal Growth' which seeks to understand whether employees feel their skills are being used to their full potential and have the opportunity to progress within the company.

Ipswich Building Society has also maintained its high score for 'Giving Something Back' due to its investment in people, the local community and wider society.

Paul Winter, Chief Executive, Ipswich Building Society, said: "We've worked hard to develop a great company for our employees as well as our members. The fact we were rated highly in the "Giving Something Back" category speaks to our ambitions to be the UK's most socially responsible Building Society; it's great to recognise our staff are fully invested in this journey.

We're also delighted to see a marked improvement in how our employees feel toward the specific teams they work in and the Building Society as a whole. It's incredibly important to us that our employees feel valued and that they are able to grow and develop their skills whilst working with us."

Key community activity for Ipswich over the past year has included involving staff in: increasing levels of financial literacy for primary school children through the Money Days school programme; launching the free app 'My Puppy: Maths and Money; and tackling levels of homelessness in the East of England through work with charity partners to challenge preconceptions and raise awareness of the issue.

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