Best Companies | Vida Bank Company Profile

Vida Bank is a mortgage lending specialist, established in 2015, with a mission to help more customers find a home they can call their own. In just a few years, the company has supported over 10,000 customers and has lent over £3.3bn.The organisation's dedication to its employees is as strong as its commitment to its customers. It introduced 'V-Time', an uncapped leave policy that acknowledges the diverse needs of its employees. It also supports its workforce with a robust mental health infrastructure, including trained Mental Health First Aiders, and an Employee Assistance Programme.Vida Bank’s Culture Champions drive wellbeing initiatives, such as the monthly programme of wellbeing activities in partnership with Vitality, its private healthcare provider. The organisation's Applause instant recognition tool further enhances its positive work environment, allowing teams to celebrate their successes and maintain open communication across the business.In 2021, Vida Bank took the important step of developing an Equality, Diversity and Inclusion Policy, setting up a group to ensure these principles are upheld. The following year, an EDI Charter was launched, outlining the organisation’s commitments in this area. This commitment to equality and diversity is also evident in the firm's recruitment practices, with balanced panels and blind CVs minimising potential unconscious bias.

My Team

87% of staff agreed

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

To foster strong relationships between teams, Vida Bank organises regular quizzes, competitions, and challenges to support fun social interactions across teams. The organisation also brings the leadership teams together for off-site development and further hosts regular summer events to gather all employees together.

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Leadership

78% of staff agreed

The leader of this organisation runs this organisation based on sound moral principles

Thanks to an online recognition tool called Applause, colleagues can give and receive adhoc thank you/recognition against the company's values. The imitative, which is supported by the leadership team, sees each acknowledgement appear on an online ‘wall of fame’, where they are instantly visible so colleagues can add comments, like, and share.

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Personal Growth

73% of staff agreed

This job is good for my own personal growth

Vida Bank offers a large suite of online learning and development modules to all colleagues. This covers both work and life skills, including wellbeing. In-house designed and delivered virtual skills workshops are also available via its Learning & Development framework. The catalogue of topics is continually reviewed and aligned to business and colleague requirements.

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My Team

87% of staff agreed

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

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My Team

Best Practice

Leadership

78% of staff agreed

The leader of this organisation runs this organisation based on sound moral principles

See and search more examples of

Leadership

Best Practice

My Team

87% of staff agreed

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

See and search more examples of

My Team

Best Practice

Quote from the top

We're deeply committed to the caring culture at the core of Vida Bank's Values, guiding our interactions with stakeholders and shaping a positive workplace. Our colleagues, our greatest asset, are at the forefront of this ethos, fostering an environment where everyone feels valued, their wellbeing is prioritised, and opportunities for growth are abundant. Through the Best Companies survey, we have gained invaluable insights, leading to initiatives like our Employee Network Forum and focus groups, enhancing Vida Bank's work environment. Yet, our journey doesn't stop here; we're driven to further enhance engagement and achieve a 3-star accreditation, continuously striving for excellence in the years ahead.

Anth Mooney, CEO - Vida Bank

Development

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Women in Senior Management

At least 40% of senior managers are women.

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Holidays

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

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