The People & Culture Platform | Culture Amp

Finance (United Kingdom) 2021

The finance benchmark represents a broad range of finance and investment focused companies. They range from more traditional finance companies (often those focused on modernizing) as well as more disruptive finance companies that might be described as 'FinTech'.

  • ~1.1m

    Questions answered
    in last 12 months

  • /
  • ~80

    Organizations

These insights represent ~1.1m questions answered from ~80 organizations, ranging in size from 10 to 6,000 people, in the last 12 months.

The data meet our criteria as being robust and reliable; unlikely to substantially change over time; and representative of the wider industry. Read more about the methodology.

Data provided by Culture Amp

Industry breakdown

  • Financial Services

    53%

  • Real Estate

    14%

  • Investment Management

    12%

  • Insurance

    8%

  • Venture Capital & Private Equity

    8%

  • Investment Banking

    3%

  • Capital Markets

    3%

Are employees committed to their organizations?

Engaged people are emotionally committed to their organization. These people stay at their organizations longer and are more productive and effective. Successful organizations have more engaged employees.

72% of Finance (United Kingdom) employees are engaged

This is in the bottom 35% compared with the overall average.


The average eNPS score for organizations in this benchmark is 21 and is in the bottom 32% compared with the overall average.

Understanding the engagement questions

Engagement is defined through these five industry-standard questions from Culture Amp’s engagement survey template.

I rarely think about looking for a job at another company

59%

Same as global average

I would recommend [Company] as a great place to work

83%

1% below global average

[Company] motivates me to go beyond what I would in a similar role elsewhere

69%

2% below global average

I see myself still working at [Company] in two years' time

65%

2% below global average

I am proud to work for [Company]

82%

5% below global average

The highest scoring question for Finance United Kingdom had 89% of people agreeing that they know how their work contributes to the goals of [company] (-2% compared to overall) while they were generally most positive about Work & Life Blend.


People in Finance United Kingdom were generally least favourable about Social Connection, and were most negative towards 'When it is clear that someone is not delivering in their role we do something about it' with 15% of people disagreeing (-1% below average).

Which questions matter the most?

Different things are important to different cultures. If you want to make more of your people engaged then you need to know what is important your people. These questions are most important to keeping people engaged in Finance (United Kingdom) organizations.

1

[Company] is in a position to really succeed over the next three years

79% favorable


The factor this relates most closely to is Company Performance

Which questions matter the most?

Different things are important to different cultures. If you want to make more of your people engaged then you need to know what is important your people. These questions are most important to keeping people engaged in Finance (United Kingdom) organizations.

1

[Company] is in a position to really succeed over the next three years

79% favorable

Company Performance
2

I believe my total compensation (base salary+any bonuses+benefits+equity) is fair, relative to similar roles at other companies

50% favorable

Alignment & Involvement
3

I am happy with my current role relative to what was described to me

75% favorable

Alignment & Involvement
4

[Company] is a great company for me to make a contribution to my development

71% favorable

Learning & Development
5

The leaders at [Company] demonstrate that people are important to the company's success

72% favorable

Leadership

How long do people stay?

In the short term, 18% of people in this benchmark are thinking of or actually seeking jobs elsewhere (+0% compared to overall) while on a longer time frame, 10% of people see themselves leaving within two years (+0% compared to overall).

The following questions had the biggest impact on whether individuals felt that they were planning to stay at their organization and not actively looking for alternative jobs.

1

I believe my total compensation (base salary+any bonuses+benefits+equity) is fair, relative to similar roles at other companies

50% favorable

Alignment & Involvement
2

[Company] effectively directs resources (funding, people and effort) towards company goals

62% favorable

Company Performance
3

I am happy with my current role relative to what was described to me

75% favorable

Alignment & Involvement
Average Glassdoor ratings

We’ve connected the employee feedback data for each company included in the benchmark with ratings from Glassdoor.com, which is one of the world’s largest job and recruiting sites combined with a growing database of company reviews, CEO approval ratings and more.

Overall Rating

3.9 stars (+0.1)

Culture and Values

3.9 stars (+0)

Work Life Balance

3.8 stars (+0)

Compensation and Benefits

3.6 stars (+0)

Career Opportunities

3.6 stars (+0.1)

Recommend to Friend

72.0% (+1)

CEO Approval

91.0% (+7)

How does Finance (United Kingdom) compare?

Organizations in Finance United Kingdom tend to be very similar to the global all industries insights, with no significant departures from the average.

Insights data provided by Culture Amp. For a complete overview of 2021 Insights (Culture Amp Platform benchmarks) visit the Culture Amp Support Guide.

What makes Insights special? Gain a deeper understanding of how they work.

Learn more about Insights with Culture Amp’s benchmarks

Build a world-class employee experience today

Your browser is out of date. Our website is built to provide a faster, more engaging experience. Your browser may not support all of our features. Please update to the latest version of Microsoft Edge or contact your network administrator.

Close browser update banner