Punter Southall Group Limited

http://www.puntersouthallgroup.com

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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99
Best Company to work for in the UK
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Best Company
to work for

Jonathan Punter and Stuart Southall set up Punter Southall Group 25 years ago with just nine staff, who gave actuarial and investment advice to UK pension schemes. Complementary businesses have been added to create a financial services group employing more than 800 staff in 11 locations. The group, which is majority employee-owned, has plans for further growth — but bosses insist the 802 staff will not be run into the ground to maximise chargeable hours and profit. Free private healthcare and subsidised sports facilities are among perks on offer to all staff, who work between 36 hours a week for team members and 40 for senior managers. Employees are happy with the balance between their work and home life (67% positive) and do not feel they spend too much time working (59%). Everybody can use the health-and-wellbeing programme, earning points for discounts on spa breaks and cinema passes. Most flexible- working requests made by individuals are granted and staff receive between 22 and 35 days paid holiday each year. A 49% result shows that employees do not feel exhausted when they get home from work. Maternity pay ranges from six weeks on full pay for team members and supervisors to 13 weeks for senior managers, followed by 33 and 26 weeks respectively at the statutory rate. Men receive two weeks' paternity leave on full pay. Nearly a third (30%) of staff are on £55,000 a year and actuarial advisers earn about £74,000. Pay rises are awarded following exam passes and 98% of employees had an increase in the past year. They are content with the pay and benefits they receive (62%, although this ranks 61st) and would not necessarily leave tomorrow if another job opportunity came up (76%). Managers listen to workers' needs and concerns and contact the human resources department for guidance when necessary. The company, based in the Strand, London, paid taxi fares for a member of staff who was on crutches. Regular team meetings provide the chance for workloads to be discussed and more evenly distributed among people, and staff say managers do not take advantage of them (74%). Fundraising activities have seen employees running marathons, climbing mountains and growing moustaches, and one team took children from disadvantaged backgrounds to London Zoo to support a charity close to the heart of a colleague who died. Punter Southall's support of worthy causes is not motivated by a desire for good publicity (62%).

Featured Workplace Factors

My Company

91% of staff agreed

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

Managers listen to employees' needs and concerns and contact HR for guidance when necessary. An example would be a manager asking for the company to pay for a taxi for a member of staff to be able to come to work whilst using crutches, thus making the individual's travelling a lot easier. Managers develop an understanding of the individual's ambitions by discussions during appraisals and can then help to set appropriate objectives. Managers at Punter Southall Group are encouraged to be receptive to employees - to be open and approachable in an open plan office. HR helps managers understand the sickness absence management policy and other wellbeing at work policies.

My Team

87% of staff agreed

My team is fun to work with

Punter Southall Group grant an increase to salary following exam passes in various professional courses. They believe this is effective as it encourages their staff to develop themselves professionally and thereby enhance their future career prospects, but it is also valuable to the business as it can indicate to its clients that its staff are professionally trained and qualified.

My Manager

85% of staff agreed

I feel that my manager talks openly and honestly with me

Punter Southall Group grant an increase to salary following exam passes in various professional courses. They believe this is effective as it encourages their staff to develop themselves professionally and thereby enhance their future career prospects, but it is also valuable to the business as it can indicate to its clients that its staff are professionally trained and qualified.

Benefits

Long Service

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

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 Small Companies to work for in the UK
National Ranking
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99
Best Mid-Sized Companies to work for in the UK
National Ranking
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99
Best Large Companies to work for in the UK
National Ranking
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99
Best Big Companies to work for in the UK
National Ranking
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99
Best NFP Organisations to work for in the UK
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