Quick facts

About Svenska Handelsbanken AB (PUBL)

Investment in its staff is paying dividends for Swedish bank Handelsbanken. Two-thirds of the 403 employees earn more than £35,000, and staff say they are happy with the pay and benefits they receive, giving a top 15 positive score of 75% in our survey.

Handelsbanken was founded 26 years ago and provides services ranging from personal banking to corporate finance, investment banking, trading and life insurance. There are branches across Europe, including 461 in Sweden, 39 in Denmark, 44 in Finland, 46 in Norway and 50 in the UK. Staff say they love working for the bank (83%).

Oktogonen, a profit-sharing scheme, ensures staff are rewarded when the company is performing well, with a sum paid out upon retirement. The company also offers free private healthcare, childcare vouchers, personal insurance, life assurance and subsidised gym membership.

Team members can increase the company minimum of 22 days’ holiday through length of service to a maximum of 31 days. If they are promoted to manager, the basic entitlement is at least 27 days a year. Staff rank Handelsbanken second of the 100 Best Companies in the Wellbeing factor, with an 80% positive score.

A top score of 82% is given when staff are asked if they are happy with the balance between work and home life. The company supports flexible working where possible, by providing laptops, mobile phones and internet connection.

Another number one score of 75% shows that staff are happy they are not spending too much time at work. Work doesn’t interfere with responsibilities at home (80%), deadlines are realistic (81%), another top score, and most days staff do not feel exhausted when they get home from work (67%, ranking second).

Magnus Uggla has been general manager of the UK operation for two years and has been with Handelsbanken for 24 years. He is a popular figure, with staff feeling inspired by his leadership (76%). He runs the company on sound moral principles, according to employees,

who give an 84% score.

Most staff would not leave tomorrow, even if they had another job offer (86%, ranked fifth).

Employees give their highest factor score for my company, with an 83% positive result.

People report they are proud to work for the bank (86%) and say work is an important part of their life (81%).

What is it like to work for Svenska Handelsbanken AB (PUBL)

All employees at Handelsbanken have the opportunity to attend regular well man/women screening and receive a gym subsidy if they belong to a gym. Everyone also has access to the Employee Assistance Programme.
My Team
My Team
Handelsbanken aims to promote interplay between branches, support function specialists and central units through awareness programmes, a strong sports and social committee and through networking opportunities and team meetings.
My Company
My Company
Employees can submit any ideas they have for better practices to the Suggestions Committee. Any successful ideas will receive a monetary reward through payroll.

Learn more about the 8 factors of workplace engagement here


  • Gym

    On-site gym or subsidised gym memberships

  • Childcare

    On-site nursery or vouchers

  • Health Insurance
    Health Insurance

    Full family cover

  • Pensions

    Companies offering a final salary or non-contributory pension scheme

Company Statistics

  • Staff:


  • UK sites:


  • Earning £35,000+:


  • Male : Female:

    68% / 32%

  • Staff Turnover:



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