BIBBY FINANCIAL SERVICES RECOGNISED AS ONE OF UK’S BEST EMPLOYERS
FOR SECOND YEAR RUNNING
Bibby Financial Services, the UK’s largest independent invoice finance specialist, has been recognised as one of the top 100 employers in the country for the second year running.
The company, which employs 649 people across 17 offices throughout the UK and provides expert invoice finance solutions to over 4,000 businesses a year, was placed 84th in the Sunday Times 100 Best Companies to Work For list, up 11 places on 2011.
Recognised as the definitive survey of workplace engagement and satisfaction, the Sunday Times 100 Best Companies to Work For, identifies the UK’s most dynamic and effective organisations with the most motivated and enthusiastic employees based on eight key workplace performance and best practice factors.
Edward Winterton, executive director at the company, says the recognition alongside the UK’s elite employers is testament to the importance placed on staff development and well-being at a time when the firm has seen 10 per cent growth in clients’ year-on-year.
He says: "The Sunday Times 100 Best Companies to Work For is widely recognised as one of the most prestigious company award schemes in the country and we are so proud to be given this recognition for the second year running.”
Employee satisfaction is one of the key areas surveyed to compile the prestigious list and when surveyed, 90% of employees said they were proud of the work they do, while 94% per cent of employees said they understand how the work they do helps Bibby Financial Services to achieve its aims.
"We take employee feedback very seriously, so it is great to affirm that our staff are happy with their working conditions and so optimistic about the future of the company,” said Edward Winterton.
He continued, "Every year we conduct our own employee surveys and always act on the results. For example, after receiving record levels of client satisfaction as well as employee engagement, last year’s survey also revealed that employees wanted benefits tailored to their individual needs, so, from January this year, we started implementing a flexible benefits system whereby employees can buy benefits important to them and their family, including extra holiday and dental cover.
"We are also changing the way employee bonuses are paid this year as a response to feedback from staff.”
As well as making staff wellbeing a priority, Bibby Financial Services also strives to make a difference in the community by supporting local and national charities. The firm supported its parent company the Bibby Line Group in raising £3.7 million for good causes in 2011 through its matched funding programme, ‘Giving Something Back’, which encourages staff to organise charity events and then matches the funds they raised.
Edward Winterton concludes, "Our aim is to become the largest independent factoring company in the world, and we can’t do this without the continuing hard work and dedication of a fully motivated team. Last year we made 74 promotions and spent more than £500,000 on staff training and we will continue to invest in the company and our staff going forward.
"In having an invigorated and inspired workforce we are able to build strong-relationships with our clients and are proud to know that 83 per cent would recommend our services to their peers, an increase of 8 per cent on 2010.”