2020
PRESENTED BY
U
What’s the proportion of millennials at the executive level?
Fewer than 99 employees 26% 100 to 499 employees 9%
WHAT EMPLOYEES HAD TO SAY “The culture amongst everyone I’ve met since I joined really sets the place apart. [Our CEO] has genuinely shown a keen interest in the BLM movement and how he can look to improve diversity.” “The company has a good, supportive culture, is quick to adapt to market changes, and is keen to enable the development of people and foster open communication with all parts of the business.”
EMPLOYEE DEVELOPMENT A common thread between all of IBUK’s Top Insurance Workplaces was an emphasis on supporting growth opportunities for their employees. Each of these organisations has embraced the development of internal talent to create a strong pipeline capable of sustaining future growth. From offering education and training programmes beyond the industry standard to supporting the individual development of staff through continuous performance reviews, these organisations set the gold standard for talent retention. Several companies have been running apprenticeship and
mentorship schemes for several years and are closely following the development of the individuals who have taken part. “We see our apprenticeship scheme as an investment in the workforce for the future – not only for us, but for the insurance industry as a whole,” one company said. The need for senior leaders to take responsibility for attracting and retaining talent is clear. Employees cited regular communication from C-suite executives and the close monitoring of the progress and wellness of employees at every level as essential advantages of their workplaces.
Does your organisation offer education programmes and opportunities outside of what’s required industry-wide?
Does your organisation have programmes aimed at employee training, mentorship and/or leadership development?
Fewer than 99 employees
83%
17%
100% YES
Fewer than 99 employees
0%
No
100 to 499 employees
75%
25%
100%
100 to 499 employees
0%
Yes
Yes
How often does your organisation conduct company-wide meetings?
“We have strong representation of minorities, including women and people of colour.” “The company displays flexibility and agility in a demanding environment and is caring for employees’ individual circumstances. It is not being too bound by HR red tape like larger organisations and has open lines of communication with all levels of the business.”
K
Weekly 30% Monthly 20% Quarterly 10% Other 40%
No
YES
NO
NO
WHAT EMPLOYEES HAD TO SAY “The company has good culture and strong management. It provides development opportunities and career growth with flexibility and trust to make the most of your role.” “The organisation has a strong, approachable and friendly leadership team who are always willing to listen to what staff from all levels have to say.” “Dealing with the pandemic, I feel they are one step ahead and have been throughout.”
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