Madgex

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http://www.madgex.com

Officially a Very Good
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94
Best Company to work for in the UK
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TOM RICCA-MCCARTHY is a dab hand with the beer trolley. Every Friday, the chief executive of Brighton-based software firm Madgex wheels refreshments round to his team of 78 to thank them for their hard work. His employees feel their manager talks openly with them (85% positive) and believe Madgex, which designs and builds recruitment technology, is run on strong principles (85%) and are excited about where the organisation is heading (83%). www.madgex.com

Featured Workplace Factors

My Team

97% of staff agreed

People in my team go out of their way to help me

Monthly the company award a spot prize, a bottle of bubbly and a £50 voucher based on feedback they receive. The company recognise nominees as well as winners. The Managers will thank people outside this process too. The CEO also pushes the “beer trolley” round on a Friday afternoon to thank everyone for their efforts or take teams out for lunch if they've completed a particular project or delivered a client event. Most Fridays the company have a company credit card behind the bar at their local pub. Additionally each team has a team entertainment/reward budget. It's up to the team how they spend this; it may be for a project well done or maybe because they have all been working really hard on something or maybe to welcome a new recruit, it's really up to them. On top of the generous benefits package they have an annual discretionary bonus. This is open to everyone who has 6 months service or more and is a set % of their salary to ensure an equitable and fair approach. It's based upon the financial performance of the Company not the individual. The company have also introduced a Christmas bonus too. This isn't about performance or length of service. This is about recognising that everyone needs a thank you at this festive time of year. Everyone gets exactly the same amount, regardless of service, salary, position.

My Company

94% of staff agreed

I believe I can make a valuable contribution to the success of this organisation

All of the Senior Management team have been internally recruited or promoted. That is testament to robust recruitment, engagement and the approach they use in developing and supporting their staff. Each senior manager and other non-senior managers have external mentors to help develop them individually. The SMT have coaches who meet with them every six weeks and the HR Director also holds a Coaching qualification and coaches other managers across the business. Ultimately people leave managers not businesses and the company understand that the way they manage has an undeniable effect on the engagement of their staff and subsequently their performance. Developing managers is key to that. The company like to believe they recruit the best people and truly believe they deserve to be managed in the best way possible, the best way for them so they have in place a set of management behaviours that they recruit, develop and appraise against. The company is very transparent so having a common understanding to what's required in terms of competency, skills and attitude is key. Every quarter they hold a manager's quarterly review session off site where each manager shares their achievements against targets and upcoming challenges. The company's CEO will often hand out rewards, prizes and thank you's too in these reviews. Many of the managers work flexibly too, to help promote a better work life balance.

Personal Growth

94% of staff agreed

The experience I gain from this job is valuable for my future

The company hold the Investors in People Health & Wellbeing Good Practice and the Simply Health Healthy workplace award. Health & Wellbeing is integral to the company's culture and sits firmly at the heart of their strategy. The company offer health & wellbeing activities and have policies and practices that support people's wellbeing. There is a strong emphasis on ensuring people enjoy their time at work and be as healthy as they can be. The company offer free membership to Simply Health, a health cash back plan, where employees can claim up to 100% back on a host of medical treatments, that include dental, physiotherapy, osteopathy, homeopathy, chiropody, counselling and gym membership. The company hold an annual health & wellbeing week at work where many activities are provided, free healthy snacks and salad lunches and a team building social. This approach has led to very low staff turnover and very low absence levels, leaving the workforce engaged, committed, happy and healthy. Managers take an active interest in their team's wellbeing and that forms a firm part of the people management culture.

Quick Facts

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

Benefits

Holidays

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

Maternity

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

Profit Related Pay

Companies where Profit Related Pay is available to all employees.

Women in Senior Management

At least 40% of senior managers are women.

List Positions

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94
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94
Best NFP Organisations to work for in the UK
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