The Work Index by Flexa

ABSA

Absa is a leading Pan-African banking group offering a wide range of financial services to individuals and businesses in South Africa and across the continent.

5.2

/10

Transparency ranking

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Description

Absa is a leading Pan-African financial services group with a presence in 15 countries across the African continent, as well as offices in the United Kingdom and the United States. They offer a wide range of banking services for individuals and businesses, including transactional accounts, savings accounts, credit cards, loans, investments, insurance, and international banking. They are committed to providing their customers with convenient and accessible banking solutions through their digital channels, including their mobile banking app and online banking platform.

Absa is also a socially responsible company, with a strong focus on empowering Africa's future. They are committed to driving sustainable development and promoting financial inclusion across the continent. Absa has a strong commitment to their values of trust, resourcefulness, stewardship, inclusion, and courage, and these values are reflected in their approach to business and their commitment to their customers and communities.

Benefits

Absa offers a comprehensive benefits package to its employees, encompassing various aspects of well-being. Employees can enjoy perks like access to a range of bank accounts, credit cards, loans, and investment options with preferential rates. Absa also provides life and travel insurance, as well as airport lounge access with certain products. Additionally, they offer a Credit Coach tool to help employees manage and improve their credit score. Furthermore, Absa demonstrates its commitment to employee development by providing access to educational and skills development programs. These benefits aim to support employees' financial security, health, and career growth.

Mission

Absa is a purpose-led Pan-African bank striving to be a leader in sustainable outperformance. Their mission is to empower Africa's future, together, one story at a time by contributing meaningfully to the socio-economic transformation of their communities. They aim to achieve this through a range of financial services for individuals and businesses, focused on financial inclusion, skills development, and enterprise growth.

Culture

Absa promotes a culture of trust, resourcefulness, stewardship, inclusion, and courage. This is reflected in their values and purpose statement, emphasizing the importance of building a positive contribution to society through their services. They are committed to empowering their employees to live their purpose and create a safe and supportive work environment where everyone can succeed.

DE&I

Absa is committed to fostering a culture of inclusion and belonging, recognizing that diversity is essential for achieving sustainable outperformance. They focus on empowering Africa's tomorrow by promoting Black Economic Empowerment through their B-BBEE program, aiming to meaningfully contribute to the socioeconomic transformation of society. This commitment extends to their various initiatives, including education and skills development, enterprise development, and financial inclusion, all aimed at enhancing opportunities and promoting equality within the broader community.

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