The Work Index by Flexa

Allica Bank

Allica Bank is a UK-based business bank focused on providing personalized and digital banking solutions for established SMEs.

https://www.allica.bank/
5.8

/10

Transparency ranking

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Description

Allica Bank is a UK-based business bank that specializes in providing banking services to established businesses with between 5 and 250 employees. Their mission is to provide a more personal and convenient experience for businesses that are often underserved by traditional high street banks and fintech providers. They offer a range of products and services, including business current accounts, savings accounts, asset finance, commercial mortgages, and growth finance. Allica prides itself on offering no-nonsense banking, with no monthly fees, a dedicated relationship manager for each customer, and technology that aims to make life easier for business owners.

Allica Bank has a strong focus on innovation and technology, as demonstrated by their rapid growth and profitability. They have also received a number of awards for their products and services, and are known for their commitment to customer service and their diverse and inclusive workplace culture. Overall, Allica is a growing and ambitious business bank that is seeking to disrupt the traditional banking market and provide a more modern and customer-centric experience.

Flexibility

Allica Bank is fully committed to flexible and hybrid working arrangements, allowing employees to tailor their working patterns to suit their individual needs. This includes options for flexible working hours, remote working, and a hybrid approach of working from both home and the office.

Hybrid

Benefits

Allica Bank offers a comprehensive benefits package designed to support employee well-being and professional growth. These benefits include full onboarding support and continued development opportunities, options for flexible working, regular social activities, 25 days of holiday with the option to buy or sell, pension contributions, a discretionary bonus scheme, private health cover with the option to add family members, life assurance, income protection, family-friendly policies including enhanced maternity and paternity leave, and season ticket loans.

Enhanced parental leave

Mission

Allica Bank is a UK-based business bank dedicated to providing straightforward and personalized banking solutions for established businesses with 5 to 250 employees. Their mission is to offer a refreshing alternative to the impersonal and often inconvenient service provided by larger banks, providing businesses with a current account that has no monthly fees, a dedicated relationship manager, and user-friendly technology that simplifies banking. Allica aims to deliver the kind of no-nonsense banking experience that businesses deserve, making it feel like "business banking how it used to be, just better."

Data-driven
Disruptor
Soonicorn

Culture

Allica Bank cultivates a culture that is collaborative, straightforward, and focused on delivering results. They value diverse perspectives and encourage risk-taking while maintaining a high standard of integrity. They prioritize their employees' well-being and offer flexible working options, regular social activities, and a comprehensive benefits package. This combination of ambition, openness, and employee-centricity fosters a dynamic and supportive work environment.

Agile and dynamic
Collaborative
Engaging
Entrepreneurial
Fast-paced
Fun
People-first
Progressive
Supportive
Transparent

DE&I

Allica Bank is committed to creating a diverse and inclusive workplace where everyone feels comfortable bringing their whole selves to work. They recognize the value of different experiences, backgrounds, and perspectives, believing that diversity makes them a stronger organization. They actively promote equal opportunities for all employees, regardless of gender, race, age, sexual orientation, marital status, or nationality. Allica aims to ensure an inclusive and positive working environment by actively combatting discrimination and supporting the well-being of their employees.

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