23 June 2006
FAIRBAIRN PRIVATE BANK GETS STAR TREATMENT
Fairbairn Private Bank has become the first
Isle of Man based organisation to gain a prestigious star rating in
a new business accreditation. Launched last week by the
internationally renowned chef, Gordon Ramsey, at the Berkeley Hotel
in London, the Best Companies workplace accreditation takes the
format of a "Michelin style" star system with one, two or three
stars, signifying exemplary, excellent or outstanding.
Fairbairn Private Bank is now the first
British Offshore Island based company, and one of only 256
companies across the entire UK, to have received this accolade
acknowledging a new standard of excellence in workplace and
workforce support. The bank is in distinguished company and
shares its star rating with industry giants such as Cadbury
Schweppes, Vodafone Ltd, PricewaterhouseCoopers LLP
and Volkswagen Group UK.
In order to adopt a consistent approach,
sixteen questions were analysed from confidential staff surveys and
a process of statistical normalisation was used in order to compare
both large and small companies. This
ultimately provided a single index score and a set of absolute
standards that can consistently be applied year on year. In
addition, it enables company performance to be measured right
across the spectrum of UK corporate entities.
The questions used for the accreditation focus
on workplace engagement and aim to show the level to which
employees feel personally involved with their organisation. The
eight key factors measured are wellbeing, personal growth, fair
dealing, company leadership, employees’ feelings towards their
manager, team and company, and what the company gives back to
society. The star ratings will be awarded on the same fixed
standard in future years, thereby ensuring qualification will
remain constant as it will be based on an index score derived from
the same core questions each year.
Greg Horton, Managing Director of Fairbairn
Private Bank, commented: “This type of exposure is hugely
beneficial to our company as it reflects our deep rooted commitment
to our organisation and to providing a genuinely high quality
and enjoyable workplace environment. Our ability to now use
the Best Companies logo will undoubtedly further assist in our
efforts to attract the best quality candidates to join our
growing and highly professional team.”
Ends
Editors’ Notes
Fairbairn Private Bank operates a
comprehensive private and personal banking operation on behalf of a
wide range of clients. These include private individuals, small and
large companies, trusts, governments and institutional investors. A
full range of banking, investment, trust and corporate services can
be accessed through its offices in the Isle of Man, Jersey and its
representative office in South Africa.
When referring to Fairbairn Private Bank –
please ensure that the company name is printed in full and not
abbreviated.
For Further Information:
Greg Horton or Lesley
Allegro
Tel: 01624 645000
Issued By:
Lisa Creighton, Isle of Man Advertising &
PR
Ltd
Tel: 01624 620440