Engagement score

Latest BCI Score

661.5

Quick facts

What we do:
Financial Services, Mutual
Year established:
1850
Website:
http://www.cambridgebs.co.uk
Contact
- The Cambridge Building Society, 51 Newmarket Road, Cambridge, Cambridgeshire, CB5 8EG

About The Cambridge Building Society

The Cambridge Building Society is a mutual building society owned by its members, offering mortgages, savings and other related products through sales channels including their branch network, a telephone centre, online and intermediary channels.

Helmed by Chief Executive and Director Stephen Mitcham, the Cambridge Building Society has been in operation since 1850, providing funding for people to buy their own homes.

All team members have access to an Employee Assistance Programme when they begin employment with the company, and this is promoted during induction and throughout their time at The Cambridge Building Society. Managers are aware of this service and are amongst the first to signpost employees if they have any stress concerns.

Staff are enrolled into Medicash from their first day of employment, which gives them various allowances to spend on holistic therapies to help and support them. In addition, employees are given the option to have private health insurance after being employed for six months.

What is it like to work for The Cambridge Building Society

Wellbeing

69% of staff disagreed:

My health is suffering because of my work

In 2017, they ran a 'Mental Health month', writing an article discussing men’s health and depression and where to get help and advice. They also ran an event promoting a mile walk at lunch to get people out of their chairs and active.

69% of staff disagreed:

My health is suffering because of my work

My Team

91% of staff agreed:

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

Each department runs an Early Morning Training (EMT) session once a week to expand knowledge both in their teams and across the company. This ensures that all teams meet on a weekly basis and are kept up to date with other areas of the business.

91% of staff agreed:

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

Giving Something Back

97% of staff agreed:

My organisation encourages charitable activities

The company operates the Cycle to Work scheme to encourage people to bike to their job. As the building society is located in the centre of Cambridge, staff use bikes to get to work from the train station, the park and ride, or from home.

97% of staff agreed:

My organisation encourages charitable activities

Learn more about the 8 factors of workplace engagement here

Benefits:

Charity Activities

At least 20% of staff are known to undertake charitable activities during business hours without incurring financial loss
Women

At least 40% of senior managers are women
Health Insurance

Companies offering private health insurance for all employees
Pensions

Companies offering a final salary, non-contributory pension scheme or one in which the employer puts in at least three times
Maternity

At least 10 weeks’ full pay or generous alternative
Profit Related Payment

Companies offering profit related pay to all employees