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Personal Growth - How employees feel about training and their future prospects
When it comes to Personal Growth, focusing on providing growth and development opportunities will make people feel invested in as individuals, so are more likely then to feel better about the Fair Deal factor.
Staff received a special cost-of-living bonus, with those on the smallest salaries getting the most. Employees have also been given early access to a proportion of their performance-related bonus and can now get an advance of up to 50% of their accrued salary every month, interest-free. This access comes with financial coaching and tools.
Senior managers are encouraged to use twenty7tec's internal comms platform to publicly 'shout out' employees who've done something outstanding – linking the 'thank you' to one of the company's values. Staff can also highlight their colleagues' good work, and everyone can 'like' or interact with the feedback.
Everyone has a personal development plan that's reviewed each quarter with their line manager and supported by the Head of People. Growth opportunities include internal and external mentoring, 15 hours of paid personal development or study time, paid-for memberships and subscriptions, and access to an 'anytime, anywhere' online training platform.
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.
Oakland has a dedicated menopause support policy available. For managers, recognising the symptoms of the menopause is vital to treating an affected employee fairly. This policy includes installing a water cooler, providing desk fans, making rooms for rest available, allowing for more frequent breaks, quiet working spaces, and extended deadlines.
It has recently introduced personal learning budgets for its teams. This provides each employee with a £400 individual learning budget that they can choose to spend on the learning intervention that best meets their development plan. Additionally it offers internal workshops when there is a requirement for tailored training.
As part of its Oakland Gives Back scheme, it matches the amount raised for any employee taking part in charity fundraising. If at the end of the financial year the amount allocated to good causes has not been spent it asks employees to nominate small local charities close to their heart.
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