The Work Index by Flexa

Paragon Banking Group PLC

Paragon Bank is a specialist lender and savings bank that offers a range of financial products and services in the UK.

https://www.paragonbank.co.uk/
4.5

/10

Transparency ranking

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Description

Paragon Banking Group PLC is a specialist lender and savings bank operating in the UK. Founded in 1985, they offer a range of products and services for both individuals and businesses, including savings accounts, cash ISAs, buy-to-let mortgages, and asset finance. They are particularly known for their expertise in the buy-to-let market, catering to landlords and limited company structures.

Paragon is a FTSE 250 listed company with a strong focus on customer service, sustainability, and supporting communities. They are committed to providing accessible and user-friendly services while upholding high ethical standards. They are also a strong advocate for responsible lending and have a dedicated green finance initiative to support sustainable development projects.

Flexibility

Paragon Bank PLC does not explicitly mention job flexibility on its website.

Benefits

Paragon Bank offers a range of employee benefits, including competitive salaries, comprehensive healthcare plans, and a generous pension scheme. Employees also enjoy access to a paid volunteer scheme allowing them to take a day off annually to support a community project. The company also provides opportunities for professional development and growth within the organisation.

Mission

Paragon Bank is a specialist lender and savings bank committed to supporting the ambitions of individuals and businesses in the UK by providing a range of financial services, including savings accounts, mortgages, and asset finance. Their mission is to be a trusted partner, delivering innovative and tailored financial solutions that empower their customers to achieve their goals and contribute to a more sustainable future.

Social impact led

Culture

Paragon Bank promotes a culture of collaboration, innovation, and community support. They value their employees and offer them comprehensive training and development opportunities to help them grow within the company. They also prioritize sustainability, with a commitment to achieving Net Zero by 2050 and supporting green initiatives in their various business areas. Paragon encourages employee volunteerism and has a strong focus on community engagement, supporting charities like Mind and Newlife through fundraising and volunteer programs.

People-first

DE&I

Paragon Bank demonstrates its commitment to diversity, equity and inclusion through various initiatives. They actively promote an inclusive environment by partnering with organizations that support people experiencing poverty, strengthening education for children and young people, and improving the local environment. This is further reflected in their employee volunteer scheme, where every employee can take a paid day out each year to volunteer for a community project. They also contribute to the Foundation for Credit Counselling, which operates the StepChange Debt Charity, showcasing their dedication to creating a more equitable society.

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