The UK’s Best Companies league table, which was formerly known as The Sunday Times 100 Best Companies, measures workplace engagement in a survey that looks at employee engagement, charitable activity and employee support.
The league tables are subdivided into an overall list of small, mid-size and large companies.
On the large list, Leeds Building Society ranked 17th, Danske Bank ranked 39th, The Openwork Partnership came 40th, OSB Group came 48th, UK Finance was 62nd and Simply Conveyancing came 73rd.
In the small companies’ category, which is between 25 and 74 full-time employees, Teachers Building Society came 22nd and Twenty7Tec emerged in 27th place.
Within the mid-size companies list, which is between 75 and 199 full-time employees, Darlington Building Society came 19th, Marsden Building Society took 31st position, Vida Homeloans came 44th and Phoebus Software took 46th position.
Leeds Building Society
According to Best Companies, Leeds BS promoted a “healthy work-life balance” pointing to its hybrid working, family friendly arrangements for staff and six core principles it communicated to staff.
The report said that 78 per cent of staff agreed that their job was good for person growth, 89 per cent agreed that their manager shared important information with them and 97 per cent that the organisation encouraged charitable activities.
Chief executive Richard Fearon said: “I am tremendously proud of everything our colleagues have achieved – it’s their commitment that drives our success. This is very much their award and I look forward to celebrating it with them.”
Danske Bank
Best Companies said that Dankse Bank created a collaborative culture where employees had a “true sense of belonging” and their investment in learning and development, wellbeing and digital tools.
Around 79 per cent of staff agreed that they were happy with their work-life balance, 97 per cent of staff agreed that the company encouraged charitable activities and 86 per cent of staff agreed that the firm was run on strong values and principles.
Caroline van der Feltz, HR director at Danske Bank UK, said: “It’s our people who make the difference, who help shape the culture and make this organisation a great place to work. I’d like to say thank you to all of our colleagues, both for their engagement in this survey and for their dedication and support through what have been a challenging few years supporting customers through a global pandemic.
“The real value of this survey is the feedback it gives us from our colleagues in terms of how they think and feel about their work and on areas like leadership, personal growth, wellbeing, and giving something back. The detailed feedback shines a light on the areas we’re doing well in, but also the areas in which we can do better.
She added: “We’re committed to helping our colleagues thrive and will be working closely with colleagues right across the business to develop action plans and help make Danske Bank an even better place to work.”
The Openwork Partnership
The financial advice company was praised for supporting is employees and multiple charities during the pandemic.
Its charitable arm, Foundation, had its grant budget raised by a quarter to £400,000 and raised over £18m for disadvantaged children and young adults in the UK and abroad since it was launched.
Carrie Morris, chief people officer at The Openwork Partnership, said: “Our colleagues are extremely important to The Openwork Partnership, and we are proud of everyone for pulling together and adapting so we continue to deliver results for our clients. We believe that everyone should be able to balance a successful career with their commitments and interests outside work and have created a flexible working culture for all employees to help deliver that.
“To see improvements across the board in all categories is a fantastic testament to the resilience and dedication of our people. We will continue to introduce a range of wellbeing and training programmes to ensure we deliver an open, collaborative, diverse and engaging environment for all our colleagues.”
OSB Group
The OSB Group, which owns Kent Reliance for Intermediaries, Precise Mortgages and InterBay, has created a “culture that encourages personal growth and offers people opportunities to learn and improve”.
Best Companies pointed to monthly mandatory training sessions along with workshops, training and employee support. As well as a diversity and inclusion group.
Around 89 per cent of staff agreed the organisation encouraged charitable activities, whilst 74 per cent of staff agreed they were happy with their work-life balance and 84 per cent of staff agreed that their manager shared important information with them.
The OSB Group was contacted for comment.
UK Finance
Best Companies said UK Finance was “committed to providing a supportive working environment” and staff had access to a wide range of health, wellbeing benefits and services.
It also has hybrid working, a colleague forum and active social committee that organizes charitable and social events.
Nearly all, 93 per cent, of staff believed they could make a valuable contribution to the success of their organisation and 89 per cent said their team was fun to work with.
David Postings, chief executive of UK Finance said: “I am delighted that UK Finance has been named one of the best large companies to work for in the latest Best Companies results. This is a wonderful testament to the hard work of all colleagues here at UK Finance and we look forward to building on these positive results throughout 2022.”
Simply Conveyancing
Best Companies pointed to Simply FM, which is a live weekly broadcast that chief executive Rob Grimshaw gives the firm, where music, business updates and employee shout outs are given. Staff can also interact with the live stream.
The conveyancing firm also permits remote working, with 90 per cent of the firm now working this way and there is a focus on training and development.
Around 64 per cent of staff said they were happy with the work-life balance, 87 per cent said that their team went out of their way to help and 82 per cent staid their manger was open and honest with them.
Simply Conveyancing was contacted for comment.
Teachers Building Society
The society was praised for its clear mission on supporting teachers, commitment to local communities and charities as well as employee wellbeing and professional progression.
All of staff agreed that the organisation encourages charitable activities, 98 per cent said that they believed it would make a valuable contribution to the success of the contribution and 84 per cent the experience gained from their role was valuable for their future.
Teachers BS was contacted for comment.
Twenty7Tec
Twenty7Tec was lauded as a “forward-thinking workplace” that places the same importance on culture as business strategy.
It has launched Together@Twenty7Tec, which invites colleagues to become diversity champions, and runs activities like its The Apprentice and Easter egg hunts during the year.
James Tucker, founder and chief executive of Twenty7Tec, said: “I’m really proud of every single person at Twenty7Tec. Since our launch in 2015, we’ve been evolving and adapting quickly, putting our employees at the forefront of what we do and that’s exactly how we plan to continue.
James added: “We understand that it’s our people that make our company and we’re completely committed to building an inclusive and thriving environment for everyone. We aim to transform diversity and inclusion into more than just a box-ticking exercise, which is why this year we created Together@Twenty7Tec where we invite our staff to become diversity champions.”
Darlington Building Society
Darlington BS pledge to share five per cent of its net profits, its community and employment support and strong family culture were all cited as factors in its listing.
Additionally, its working remotely and quarterly Breakfast with the Exec and Lunch with Board gives employees direct contact with senior leadership.
Andrew Craddock, chief executive of Darlington BS said that to be name nineteenth best mid-sized company to work for in the UK was a “fantastic achievement”.
He added: “We truly value our staff and strive to provide the most productive work environment for colleagues to thrive in personally and professionally.
“Often, we do all of this under the premise of business as usual. However, with such a fantastic accolade to share, now is the time to highlight everything that comes together to make Darlington Building Society such a special place to be a part of.”
Marsden Building Society
The mutual’s equality and diversity development programme and its bespoke development programme were praised by Best Companies, as it encouraged diversity and inclusion, personal growth and training.
There is also further external training available on a wide range of topics such as self-awareness, leadership and management.
Around 73 per cent of staff agreed that the company had a strong social conscience, 87 per cent were proud to work for the organisation and 85 per cent were happy with their work-life balance.
Marsden BS was contacted for comment.
Vida Homeloans
Vida’s aim to help those who fall outside the criteria of mainstream lenders and dedicated staff were cited as reasons for the company’s listing.
Around 86 per cent of staff agreed that their manager shared important knowledge and information with them, 79 per cent of staff agreed people in my team went out of their way to help them and 67 per cent of staff agreed their organisation has a strong social conscience.
Anth Mooney, chief executive at Belmont Green & Vida Homeloans, said: “Our people are our most valuable asset and we are blessed with an incredible team of talented individuals. As a business we make it our mission to ensure we create the best possible environment for them to be challenged, develop their careers, have fun and thrive.
“As we are constantly evolving our business, we want our staff to feel empowered and be part of the change, so we provide an environment where they feel they can make suggestions and share their ideas and concerns.”
He added that following its involvement with Best Companies last year it had introduced culture champions, focus groups and improvements to its workplace.
Phoebus Software
The software firm has undertaken multiple measures to support its employees mental and physical wellbeing and charitable activities.
Its Bewell@PSL site offers employee assistance programmes, fitness programmes, health-related flexible benefits, and access to lifestyle and skills development e-learning.
Phoebus Software’s (PSL) sales and marketing director Richard Pike said: “This recognition reconfirms that fundamentally we are an ethical business that understands our staff are a major asset and accordingly we look after them as well as possible.
“We believe that a great, motivated workforce will deliver exceptional customer service and this is reflected in our major success and growth over the years. Client feedback reflects this also. We are very proud of our people and our clients, and will continue to do everything we can to make PSL an organisation that people want to work for, and backed up with fantastic technology, that clients want to work with.”
Kate Langton, chief people officer at PSL, said: “When we got the news last week, we all came together to celebrate our position on the league tables. After a uniquely challenging couple of years, for everyone, it was lovely to get together in person and celebrate.
“PSL is growing and our standing as a great place to work in technology and also within the UK is testament to our fantastic people and we look forward to more talented people joining our team in 2022.”
