My Company - The level of engagement employees feel with their job and organisation
My Company is what we call an ‘output’ factor, it focuses on people’s ‘love’ and ‘pride’ in working for your organisation.
Now unfortunately you can’t directly make people feel these emotions, but when all of the other seven factors are doing well, people will be far more likely to experience that love and pride ultimately improving the My Company factor as a result.
The company takes a transparent approach to business with regular team catch-ups, weekly management meetings – which managers can take from to brief their staff – and monthly all-employee calls. The purpose is to update them on strategy and performance and allow them to ask questions anonymously if they’d prefer.
Employees are involved in company life before they start, with invitations to lunch and social events. During their induction period, they meet all department heads and have regular HR catch-ups. There’s also an induction survey after four weeks for the new starter to give feedback on their experience and suggest improvements.
The company’s at the start of its journey to becoming more sustainable with a new employee-led sustainability group looking into areas such as reducing carbon footprint and giving back to the community. The IT reseller is also working with local charity Young Gloucestershire and the British Red Cross as their charity partners of the year.
Wacoal supports local charitable initiatives and women's shelters. Redundant products are sent to Africa to support community projects that provide underwear to women who cannot afford it. It donates to organisations such as The Cowshed, which helps people in times of crisis, such as women fleeing domestic abuse.
The company offers apprenticeships to school-leavers and to increase the skill and knowledge levels of existing staff. It is increasing its investment in employee training and their learning requirements are identified from appraisals.
The company values are "passion, team and work-life balance". Staff are inspired to be passionate about what Wacoal does and believe in its products. They are encouraged to work as a team with a common goal and the culture discourages doing long days or answering emails outside working hours.
CFC is a 34% employee-owned company which means it benefits from having employee ownership alongside an incredibly engaged senior management and leadership team who act as role models for their teams. The core values are demonstrated through its belief in market-leading insurance products and customer service and a constant drive for innovation.
By attracting high-calibre talent, and retaining, motivating, and engaging employees through fair, competitive, and responsible remuneration structures it continuously builds on not only CFC principles but puts a spotlight on each and every individual in the organisation, these are the key components to its success.
CFC recently opened an Innovation Hub that provides a modern and tech-friendly office space for the tech team to collaborate in. Additionally, it has launched a careers platform to attract candidates to CFC. This platform is much more visually appealing and candidate-engaging, with video job overviews, manager profiles, and transparent recruitment steps and processes.
