Our Building Society was born over 130 years ago so that our members could help each other achieve things together they couldn’t achieve alone. For example, greater security, homes of their own and stronger communities.
Today, we’re 15.5 million members strong. And to support them, we have almost 18,000 colleagues, more than 650 branches, our headquarters in Swindon and 20 other operational sites around the UK.
As a mutual, people are the very essence of our organisation. From our members to our colleagues, our suppliers to our communities, we want to do the right thing, and we want to do it in the right way.
For example, we’re proud to be principal partner of the Living Wage Foundation and an accredited Living Wage Employer. The Living Wage is an average rate of pay which is calculated according to the basic cost of living in the UK and separate to the Government’s national living wage. The Living Wage applies to all colleagues, contractors and suppliers who work on our sites. The current living wage set by the foundation is £10.20 in London and £8.75 for the rest of the UK which is well above the Government’s national living wage of £7.83. We also offer our employee pension scheme which is among the best in the market.
We have an independent union for our colleagues called the Nationwide Group Staff Union (NGSU). It helps us make sure we’re providing additional ways that our colleagues can be heard, and gives our colleagues advice, support and protection if they need it.
Nationwide and NGSU are committed to supporting a zero-tolerance approach to modern slavery, in any of its forms. As a result, we have agreed updates within our Code of Conduct policy, which details our employees, temporary workers and contractors obligations in relation to Modern Slavery and ensuring transparency in our business and supply chain arrangements.
We embrace human rights. We aim to value and respect all individuals, no matter where they live, where they’re from or what they do. We make sure we keep to the laws and regulations of all the countries we work in, which includes following the United Nations Declaration of Human Rights and the International Labour Organisation Conventions.
You can find more about our Society and structure in our Annual Report and Accounts.