Ikano Bank

We own and develop competitive and profitable niche companies in the areas of finance, real estate, asset management, insurance and retail.
http://www.ikano.co.uk

Officially a Very Good
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Officially a Very Good
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Officially an Outstanding
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Officially an Outstanding
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Officially a World Class
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Officially a World Class
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Officially a Good
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Best Company to work for in the UK
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Best Company
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Ikano Bank invites prospective candidates to create an avatar to represent them and record themselves answering its killer questions as part of the initial screening process.

The UK branch of the Swedish bank in Nottingham is currently leading a global digital programme using new technology to revolutionise the way in which it provides credit solutions to its customers.

Founded in Almhult, Sweden, Ikano Bank was set up in the UK in 1994 with an ambition to share its promise of delivering finance on fair terms.

The “on fair terms” principle also extends to the way the bank treats staff and communicates with them. Ikano introduced weekly Skype Get Togethers which all staff attend to help everyone stay connected and create a sense of unity, and it also established routines of team managers “checking in” on home workers and teams.

During the pandemic some teams chose to have a daily meeting to start the day together over a coffee while others incorporated quizzes into their day to recreate some of the social elements of working together in the office.

The bank has continued to support The Children's Bereavement Centre and Operation Orphan, its two local charities, with cash donations. Additionally, the Ikano Group committed to providing 1.5 million Euros, across the business to support the global health crisis, including £40,000 for four local charitable initiatives. The bank wants staff to enjoy their job and used its end of year call to ask staff how it could improve their experience working for Ikano.

Featured Workplace Factors

My Manager

82% of staff agreed

My manager cares about how satisfied I am in my job

Throughout the pandemic the bank has continued to support its newest people managers with coaching and guidance, albeit virtually, to help them deal with the complexity caused by lockdown and remote-working. Ikano also arranged support webinars on a number of topics including resilience and leading in a crisis.

Wellbeing

78% of staff agreed

I am happy with the balance between my work and home life

In addition to organising webinars on topics such as Leading in Times of Change, Addictive Behaviours, and Resilience, Ikano Bank collectively challenged staff to walk, run or cycle the distance from Nottingham to its offices in Sweden over the period of a week.

Fair Deal

51% of staff agreed

I feel I receive fair pay for the responsibilities I have in my job

Traditionally Ikano Bank has rewarded staff with vouchers worth between £75 - £175 to share with their friends and family and has given digital gifts such as Echo Dots, Virgin Experience Days, additional holidays and even trips to Sweden to fully embrace the Ikano culture.

Quick Facts

Organisation established in
1943
Total number of employees
1
Number of UK locations
38
Employee average age
43% : 57%
Male : Female employee ratio
35%
Employees earning £35k+
8%
Employee turnover (voluntary)

Benefits

Holidays

Companies offering a minimum of 26 days annual leave to all employees.

Long Service

Companies where at least 40% of the staff have worked there for more than five years.

Maternity

Companies offering at least 10 weeks’ full pay or generous alternative.

List Positions

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Quote from the top...
“We are delighted to have earned a 1 star accreditation this year! It's wonderful to see levels of co-worker engagement moving in the right direction and this award recognises the efforts of the many co-workers who all contribute to make Ikano Bank a great place to work.”

Andie Cobley, Head of HR - Ikano Bank

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