Nationwide Building Society
Nationwide Building Society is a British mutual financial institution that prioritizes member benefits and social responsibility.
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Description
Nationwide Building Society is a large, ethical financial institution based in the United Kingdom. It operates as a mutual, meaning it is owned by its members, rather than shareholders. This unique structure allows Nationwide to prioritize the interests of its members, offering exclusive products, rates, and rewards. They are committed to ethical practices, donating at least 1% of their pre-tax profits to charitable causes and supporting social impact initiatives like their Nationwide Fairer Futures program, which tackles social issues like youth homelessness, poverty, and dementia.
Nationwide is known for its extensive branch network, offering face-to-face banking services alongside its online and mobile platforms. They also have a strong commitment to responsible business practices, including a focus on environmental sustainability and social responsibility. Their initiatives include providing green home improvement loans and funding for community housing projects, demonstrating their dedication to making a positive impact on society.
Flexibility
Nationwide Building Society offers a variety of flexible working options to support employee well-being and work-life balance. These include part-time roles, flexible hours, and the opportunity to work remotely. This allows employees to tailor their work schedule to their individual needs and preferences, creating a more fulfilling and productive work environment.
Benefits
Nationwide offers a variety of employee benefits designed to support a happy and fulfilling workplace. These include up to 14 hours of paid leave per year for charitable causes, a matching program for fundraising for UK-registered charities up to £100 per colleague, grants of up to £10,000 for colleagues to support charities close to their hearts, the ability to donate the last pence of their monthly pay to a charity partner, and the option to donate directly from their salary to any UK registered charity. Additionally, Nationwide has a network of Social Impact leads who encourage teams and individuals to fundraise, volunteer, and raise awareness of the company's charity partners.
Mission
Nationwide Building Society is a mutual organization, owned by its members, committed to providing fairer, more rewarding banking for the good of society. They aim to offer exclusive products and rates to their members, share profits with them, and invest in their communities through charitable donations and social impact initiatives like their Nationwide Fairer Futures program. They also prioritize a sustainable future by reducing their environmental impact and supporting energy efficient homes for their members.
Culture
Nationwide promotes a culture of inclusivity and diversity, where everyone can thrive and feel valued. They are committed to building a workplace that reflects the communities they serve, believing that a diverse range of backgrounds, skills, and experiences are essential for their success. They have employee networks dedicated to supporting their inclusion and diversity mission, fostering a sense of community and belonging for employees.
DE&I
Nationwide Building Society strives to create an inclusive workplace that reflects the diversity of the communities it serves. It aims to foster a culture where everyone can thrive by valuing a diverse range of backgrounds, skills, and experiences. Nationwide measures its progress in building this inclusive culture through reporting on pay gaps, gender representation across the organization, and employee network groups. These initiatives are focused on empowering employees to bring out the best in themselves and others, regardless of their background, identity, or circumstances.