A common thread between all of IBUK’s Top Insurance Workplaces was an emphasis on supporting growth opportunities for their employees. Each of these organisations has embraced the development of internal talent to create a strong pipeline capable of sustaining future growth.
From offering education and training programmes beyond the industry standard to supporting the individual development of staff through continuous performance reviews, these organisations set the gold standard for talent retention. Several compa-nies have been running apprenticeship and mentorship schemes for several years and are closely following the development of the individuals who have taken part. “We see our apprenticeship scheme as an investment in the workforce for the future – not only for us, but for the insurance industry as a whole,” one company said.
The need for senior leaders to take responsibility for attracting and retaining talent is clear. Employees cited regular communication from C-suite executives and the close monitoring of the progress and wellness of employees at every level as essen-tial advantages of their workplaces.
Fewer than 99 employees:
Yes: 83%
No: 17%
100 to 499 employees:
Yes: 75%
No: 25%
Weekly: 30%
Monthly: 20%
Quarterly: 10%
Other: 40%
Once a year: 50%
Twice a year: 20%
Quarterly: 30%
Fewer than 99 employees:
Yes: 100%
100 to 499 employees:
Yes: 100%
