03 April 2014
Nationwide Building Society - where seven in ten employees and two thirds of managers are women - has been recognised for growing female talent after being named in The Times Top 50 Employers for Women list 2014.
The list, published annually by The Times, celebrates those employers doing the most for gender equality and diversity. Organisations making the Top 50 list are selected independently by Opportunity Now - the gender diversity campaign from Business in the Community - under criteria designed to test their consistent commitment to recruitment, retention and progression of women across their workforce.
The list was announced last night at the Opportunity Now Excellence in Practice Awards 2014, which are sponsored by Nationwide. The Awards, which form part of Business in the Community’s Responsible Business Week, recognise public and private sector organisations that are committed to creating inclusive workplaces for women at all levels.
Nationwide is focussed on attracting and promoting female talent across the organisation and this approach to development has seen high levels of women participating in talent programmes.
In the most senior positions at Nationwide, a quarter of directors are female. More generally, around 70% of the workforce are women, while two thirds (66%) of managers are female and eight out of ten women return to work at Nationwide following maternity leave. The Society has a history of enabling flexible and agile working that supports staff at different stages of their lives.
Keith Astill, Nationwide’s HR Director, said: “We’re always looking to better ourselves in the way we operate a diverse and inclusive culture at Nationwide and we’re seeing the results of this approach right across the board. Put simply, diversity improves business performance and our approach is to help our people be the best they can be at their job – whoever they are.
“We’re extremely proud of being recognised as one of the UK’s best companies for gender diversity and we are committed to creating a female-friendly work environment, something which is directly endorsed by Board level sponsorship.”
Notes to editors:
Case studies of senior women at Nationwide are available on request
Nationwide is the world's largest building society as well as the second largest savings provider and a top-three provider of mortgages in the UK. It is also a major provider of current accounts, credit cards, ISAs and personal loans. Nationwide has around 15 million customers.
Customers can manage their finances in a branch, on the telephone, internet and post. The Society has around 16,000 employees. Nationwide's head office is in Swindon with administration centres based in Northampton, Bournemouth and Dunfermline. The Society also has a number of call centres across the UK.
About Opportunity Now
Opportunity Now work to increase women’s success at work, because it benefits business and society. It works with its membership of employers, from the private, public and education sectors to offer tailored, practical and pragmatic advice on workplace issues. Opportunity Now is the women at work campaign from Business in the Community, a charity which stands for responsible business.
Opportunity Now’s Excellence in Practice Awards recognise private and public sector organisations that have put gender at the core of their business agendas and are committed to creating inclusive workplaces for women at all levels.
The CIPD is the Awards Partner for the Directing Diverse Talent Award, Cranfield School of Management partners with Opportunity Now to recognise achievement on executive women and women on boards in FTSE listed companies, The Government Equalities Office partner on the Transparency Award and this year for the first time UN Women UK are partnering on the Global Award. See: www.opportunitynow.org.uk