The Work Index by Flexa

Empiric Student Property plc

Empiric Student Property plc is a UK Real Estate Investment Trust (REIT) focused on providing high-quality, modern student accommodation.

https://www.empiric.co.uk/
5.2

/10

Transparency ranking

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Description

Empiric Student Property plc (ESP) is a UK Real Estate Investment Trust (REIT) listed on the London Stock Exchange. They specialize in providing high-quality, modern student accommodation under their brands, Hello Student and Postgrad by Hello Student. ESP focuses on creating a "home from home" environment for students, offering studio-led properties, personalized service, and a strong focus on community building. They operate in prime regional cities known for their successful universities, targeting affluent international, postgraduate, and returning undergraduate students.

ESP prioritizes a customer-first approach, building strong relationships with their tenants and offering a 24/7 welfare support program. They also demonstrate a commitment to sustainability, with a target to achieve net zero emissions in their operations by 2033, and a wider target of net zero in all emissions by 2050. ESP emphasizes inclusivity and diversity, creating a welcoming environment for their employees and students.

Flexibility

Empiric Student Property plc, with its emphasis on creating a great place to work, offers a "whole colleague experience" that includes an adaptable approach to work arrangements. They embrace technology and agile working practices, catering to the evolving expectations of their employees. While specific details on flexible work options like remote work, part-time hours, or compressed workweeks are not explicitly stated, the company's focus on colleague engagement and a positive work environment suggests flexibility is considered as part of their commitment to attracting and retaining top talent.

Benefits

Empiric Student Property plc offers a comprehensive benefits package designed to attract and retain top talent. These benefits include competitive salaries, opportunities for professional development, and a commitment to employee wellbeing. They also offer a robust benefits package including opportunities for career progression and agile working, along with a focus on creating a diverse and inclusive workplace culture.

Mission

Empiric Student Property plc (ESP) is a UK real estate investment trust (REIT) focused on providing high-quality, purpose-built student accommodation (PBSA) in key university locations across the UK. ESP operates under the "Hello Student" brand, aiming to create vibrant communities and offer a unique and personalized living experience for students. The company prioritizes customer satisfaction, fostering a sense of belonging and wellbeing for its residents while also delivering attractive and sustainable returns to its shareholders.

Environmental impact driven
Improving quality of life/health
Sustainability

Culture

Empiric Student Property promotes a culture built on five core values: collaborative, respectful, supportive, responsive, and fun. They prioritize creating a diverse and inclusive environment where employees feel valued, empowered, and engaged. This culture is reflected in their commitment to providing a high-quality, personalized service to their customers, fostering a strong sense of community within their properties, and encouraging growth and development for their employees.

Collaborative
Fun
People-first
Progressive
Supportive
Transparent

DE&I

Empiric Student Property is committed to creating a diverse and inclusive workplace that reflects the customers and communities they serve. They treat everyone equally, regardless of background, and aim to extend diversity within their teams as vacancies arise. They believe that a diverse workforce and inclusive environment allow their people and customers to thrive, leading to a better experience for everyone.

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