Octopus Investments Limited

http://www.octopusinvestments.co.uk/

Officially a Very Good
Company to Work For

Officially a Very Good
Company to Work For

Officially an Outstanding
Company to Work For

Officially an Outstanding
Company to Work For

Officially a World Class
Company to Work For

Officially a World Class
Company to Work For

Officially a Good
Company to Work For

Officially a Good
Company to Work For

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Best Company to work for in the UK
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Best Company
to work for

London-based Octopus Investments doubled its staff last year and, although the investment management company isn't immune to turbulence in the financial markets, it manages some £570m for more than 18,000 individual investors and is still receiving large inflows of funding. Employees continue to be excited about where the organisation is going (earning an 89% positive score). When Octopus decided to re-evaluate its mission, everyone had two days off site to come up with their collective dream. Employees settled on 11 company values, including boldness, innovation and team development, and these aims flash up when people log on to the intranet. The 91 staff members say the company is run on strong values (83%) rather than being driven by profit alone (76%). Chief executive Simon Rogerson might not have octopus arms, but he knows how to reach his workforce. He and senior managers take fortnightly “brown bag” lunch meetings, and there are all-company monthly get-togethers. Employees are inspired by their leader (88%), have faith in his abilities (90%) and confidence in the leadership skills of senior managers (87%). These people truly live the firm's values (85%) but they listen as well as make decisions (78%). Jobs are stimulating (83%) and there are plenty of chances to learn and grow (75%). There is a heavy workload, though, and staff aren't all happy with the balance of work and home life (61%, ranking 93rd). They are content with pay and benefits, however (73%), with almost half of the staff earning more than £55,000 a year and fund managers on £78,500. The business spends more than £83,000 a year on fun. Twice a year, there's a brainstorming event followed by a meal or party, to net the firm its team values of service, quality, integrity and delivery.

Featured Workplace Factors

My Company

93% of staff agreed

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

All staff are invited, twice a year, to a fun day – in which they join with a random selection of their colleagues (numbering 25-30) in a half day fun event of their own design. The emphasis is on team building and networking in a fun (usually competitive!) environment. Recent examples have included: go-carting, Crystal Maze-type challenges, cocktail and pizza making, walking history tours, table football/ping pong competitions, pub quizzes, attending greyhound racing, crazy bingo, a murder mystery, and amateur magician classes. In addition, they have a company-wide team building and fun event that takes place around midsummer's day, each year. Previous examples include a company values-themed fashion show (swapping a donation to Age Concern for a variety of vintage clothing as base materials!) and this year all staff went to Pineapple Dance Studios where they were separated in to random teams, paired with professional choreographers and entered in to a team dance-off, on stage at the Lyric Theatre in London's West End. Each team is invited to host a monthly drinks and social party of their own theming. A budget is provided to cover the cost of drinks, food and entertainment props. Recent examples include a “Casino Royale” evening, a kids-themed party (e.g. with pass-the-parcel and musical chairs), a US-style “Frat” party complete with party games, and a New Zealand wine-tasting evening.

My Team

91% of staff agreed

My team is fun to work with

In October 2013, the senior management team at Octopus were searching for ways to bridge any perception of distance between themselves and the rest of the company as a result of their significant growth. They decided to don the aprons and chef's hats and cooked a Jamaican-themed lunch of goat curry (complete with side dishes, vege options and pudding) for the entire company. This was achieved with the help of just one trained chef to help guide them – they arrived at 6am to help set up a temporary kitchen and worked solidly until the middle of the afternoon in order to cover all aspects of service. All staff were invited to 6 different sittings and were sat randomly in order to create a mixed environment in a relaxed setting where employees mingled between teams and all levels of seniority/tenure in the company. The event was such a success in building positive levels of engagement that two more “cook offs” were planned for November and December 2013 and there are more on the agenda for 2014.

My Manager

88% of staff agreed

I feel that my manager talks openly and honestly with me

All staff are invited, twice a year, to a fun day – in which they join with a random selection of their colleagues (numbering 25-30) in a half day fun event of their own design. The emphasis is on team building and networking in a fun (usually competitive!) environment. Recent examples have included: go-carting, Crystal Maze-type challenges, cocktail and pizza making, walking history tours, table football/ping pong competitions, pub quizzes, attending greyhound racing, crazy bingo, a murder mystery, and amateur magician classes. In addition, they have a company-wide team building and fun event that takes place around midsummer's day, each year. Previous examples include a company values-themed fashion show (swapping a donation to Age Concern for a variety of vintage clothing as base materials!) and this year all staff went to Pineapple Dance Studios where they were separated in to random teams, paired with professional choreographers and entered in to a team dance-off, on stage at the Lyric Theatre in London's West End. Each team is invited to host a monthly drinks and social party of their own theming. A budget is provided to cover the cost of drinks, food and entertainment props. Recent examples include a “Casino Royale” evening, a kids-themed party (e.g. with pass-the-parcel and musical chairs), a US-style “Frat” party complete with party games, and a New Zealand wine-tasting evening.

Benefits

Holidays

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

Pensions

Companies offering a final salary scheme to all employees, or one in which the employer's contribution is at least 5%.

Private Healthcare

Companies offering private health insurance to all employees.

List Positions

National Ranking
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Best NFP Organisations to work for in the UK
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