Nationwide Building Society Case Study
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In moving towards flexible working, Nationwide Building Society considers itself to be ahead of the legislative process and sees the impetus coming from the business and employess. In the past 10 years, well in advance of any legislation, it has started offering career breaks, the ability to buy extra holiday entitlement and to work from home.
Nationwide sees a number of specific advantages at a corporate level to flexible working:
- More efficient use of existing office space and better asset utilisation
- Meeting customers at a time and location to suit them, for example, in their own home in the evening
- Improved employee productivity by reducing stress related commuting to work
- Higher levels of motivation
Nationwide also recognises the advantages for employees in a better work life balance that allows them to structure work commitments around family or other personal commitments.
Nationwide accepts that as a result of changing social attitudes, employees may be more reluctant to move location because they want to give higher priority to the needs of thier partners and children. As a result, flexible working practises addresses the need and ensures skilled and qualified employees remain with the company as part of an overall travel plan strategy.
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