NATIONWIDE
BUILDING SOCIETY A
flexible approach to employment, particularly flexible resourcing, enables us
to be accessible when our members want us and not just during the traditional
9-5. Corporate
profile -
13,000 employees
- financial
services sector
- established
1848
- Operating
profit: £467.6 million
Key work-life balance initiatives -
Part-time
- Flexible
working
- Job
Share
- Term-time
working
- Annual
hours
- Seasonal
work
- Home working
- Paternity leave
- 5 days
- Employee
support and counselling
- Subsidised
nursery places
- Childcare
Vouchers as part of a flexible benefits scheme
Workforce
profile -
76% female 24% male
- 52%
of junior management, 47% of middle management & 13.5% of senior management are
female
- 32%
staff work part-time (93% of part-time staff are female)
- average
staff turnover 8%
Staffing
issues Hard
to recruit in some sectors e.g. IT, and customer advisers in some areas
Business
benefits
Recognising the need for employees to balance their home and working life enables
us to recruit and retain high calibre people and ensure that they are motivated
and committed to the organisation. Average turnover costs are approximately £5000
for every member of staff who leaves - for recruitment and initial training -
so we estimate that the 30% increase in our rate of return from maternity leave
over the last 10 years has saved us over £3 million.
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