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

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

This financial services firm has grown phenomenally since a small team of life assurance workers created a UK subsidiary for Skandia of Sweden in 1979. The company is now one of the top seven in its field and staff numbers have increased by almost 50% in the past two years. Employees share in a close team culture, and are directly rewarded for success with champagne celebrations in the office when five year goals were achieved early. After a successful year in 2000 there were Christmas hampers for all and a 5% bonus for those with more than a year's service. One worker said 'We share in the successes of the firm and have some unexpected perks, making it a phenomenal place to work'. Last year was a difficult one globally and in America 150 jobs were cut to save £25m. However, benefits continue to be generous in Britain. Recently a new scheme was introduced to evaluate salary increases based on individual performance and a Skandia 'market rate'. Managers are evaluated from above and below. Emphasis is put on teamwork, which is one of Skandia's values in providing good customer service (the catchphrase is RON : do it right, do it once, do it now). Many workers made positive comments about the firm's charitable work which includes fund raising, dress down days, supporting a local children's appear and adding 50% to staff donations. Three out of four said people cared about each other at work, 95% said it was a friendly place and almost nine in 10 that they felt welcome and able to be themselves. The Southampton head office has a lively sports and social club, running trips to theme parks and a summer ball. There is also a sailing club. Extra efforts were celebrated : the company sponsors Cowes Week and takes 80 nominated colleagues on a special 'merit cruise' on the last night. Other efforts are rewarded with flowers and paid for meals out, there is an extra day's Christmas holiday and Easter eggs are given to all staff at the financial year end. The company is flexible about how staff work their 35 hour week, their hours can be fitted around dropping children at school and home working. No fuss was made in transferring one Southampton marketing worker to the London office when she had to move there for personal reasons and an employee who had to move to his family in Lincolnshire and had offered to resign, was kept on in almost the same role, working from home.

Featured Workplace Factors

My Team

81% of staff agreed

My team is fun to work with

Skandia have a range of courses for all levels of management and where required support managers with internal mentors. An online 360 tool to assist managers has been developed along with an internally managed feedback mechanism. They retain many external suppliers to deliver life and business coaching to middle and senior managers and provide support in obtaining internal and external professional qualifications in association with external business schools. Managers are encouraged to attend seminars and professional forums to maintain professional knowledge and meet CPD requirements. Voluntary networking groups have been introduced for the different management levels bringing together the various business departments.

My Company

77% of staff agreed

My work is an important part of my life

Skandia have a range of courses for all levels of management and where required support managers with internal mentors. An online 360 tool to assist managers has been developed along with an internally managed feedback mechanism. They retain many external suppliers to deliver life and business coaching to middle and senior managers and provide support in obtaining internal and external professional qualifications in association with external business schools. Managers are encouraged to attend seminars and professional forums to maintain professional knowledge and meet CPD requirements. Voluntary networking groups have been introduced for the different management levels bringing together the various business departments.

My Manager

75% of staff agreed

My manager regularly expresses their appreciation when I do a good job

A flexible benefits package is on offer which includes free private health care, critical illness / personal insurance and a wellness program. They have enhanced their offerings to employees with more therapist sessions being made available onsite. Online resources are available both at work and at home where employees can access the latest health and wellbeing news as well as taking health assessments. Skandia also provides an optional onsite annual flu vaccination programme and work with an agency to provide balanced menus and raise awareness on healthy eating through road shows and leaflets. This year, as part of a financial awareness programme, employees were given access to pension financial advice to help them understand more about their pension.

Benefits

Pensions

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

List Positions

National Ranking
#
Best Small Companies to work for in the UK
National Ranking
#
Best Mid-Sized Companies to work for in the UK
National Ranking
#
Best Large Companies to work for in the UK
National Ranking
#
Best Big Companies to work for in the UK
National Ranking
#
Best NFP Organisations to work for in the UK
Sector Ranking
#
Best Companies to work for in the UK
Sector Ranking
#
Best Companies to work for in the UK
Sector Ranking
#
Best Companies to work for in the UK
Sector Ranking
#
Best Companies to work for in the UK
Sector Ranking
#
Best Companies to work for in the UK
Sector Ranking
#
Best Companies to work for in the UK
Sector Ranking
#
Best Companies to work for in the UK
Sector Ranking
#
Best Companies to work for in the UK
Sector Ranking
#
Best Companies to work for in the UK
Sector Ranking
#
Best Companies to work for in the UK
Sector Ranking
#
Best Companies to work for in the UK
Sector Ranking
#
Best Companies to work for in the UK
Sector Ranking
#
Best Companies to work for in the UK
Sector Ranking
#
Best Companies to work for in the UK
Sector Ranking
#
Best Companies to work for in the UK
Sector Ranking
#
Best Companies to work for in the UK
Sector Ranking
#
Best Companies to work for in the UK
Sector Ranking
#
Best Companies to work for in the UK
Sector Ranking
#
Best Companies to work for in the UK
Sector Ranking
#
Best Companies to work for in the UK
Sector Ranking
#
Best Companies to work for in the UK
Sector Ranking
#
Best Companies to work for in the UK
Sector Ranking
#
Best Companies to work for in the UK
Sector Ranking
#
Best Companies to work for in the UK
London
#
Best Small Companies to work for in London
London
#
Best Mid Sized Companies to work for in London
London
#
Best Large Companies to work for in London
London
#
Best Big Companies to work for in London
The Midlands
#
Best Companies to work for in the Midlands
East of England
#
Best Companies to work for in the East of England
The North East
#
Best Companies to work for in the North East
The North West
#
Best Companies to work for in the North West
Northern Ireland
#
Best Companies to work for in Northern Ireland
Scotland
#
Best Companies to work for in Scotland
The South East
#
Best Companies to work for in the South East
The South West
#
Best Companies to work for in the South West
Wales
#
Best Companies to work for in the Wales
Yorkshire & The Humber
#
Best Companies to work for in Yorkshire & The Humber
Senior leader comments...

What’s a Rich Text element?

The rich text element allows you to create and format headings, paragraphs, blockquotes, images, and video all in one place instead of having to add and format them individually. Just double-click and easily create content.

Static and dynamic content editing

A rich text element can be used with static or dynamic content. For static content, just drop it into any page and begin editing. For dynamic content, add a rich text field to any collection and then connect a rich text element to that field in the settings panel. Voila!

How to customize formatting for each rich text

Headings, paragraphs, blockquotes, figures, images, and figure captions can all be styled after a class is added to the rich text element using the "When inside of" nested selector system.

We're currently hiring! 

If you like what you see and are interested  joining our team, we would love to hear from you, for more information please visit our careers page.

Careers