Nationwide Building Society FAQ

All answers shown come directly from Nationwide Building Society Reviews and are not edited or altered.

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3 English questions out of 3

24 May 2020

Does Nationwide Building Society have a pension plan?

Pros

Good facilities, good salary compared to cost of living and the area, relatively good work life balance, good pension

Cons

Recognition, people in higher positions get comfortable which makes progression very hard, cost cutting, bad decisions at the top (investment in business/commercial which went to waste), shared bonus pool

Advice to Management

Have a clear cost cutting plan, cutting jobs and bonuses is understandable but when you waste the money you save both on internal and external programmes and strategies that are a waste of time or don’t work, it just reduces morale and makes you question the people at the top of the firm

Good facilities, good salary compared to cost of living and the area, relatively good work life balance, good pension

24 May 2020

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12 April 2019

Does Nationwide Building Society offer parental leave?

Pros

Benefits, pay, maternity, opportunities to progress

Cons

Hierarchy, change in culture away from pride

Benefits, pay, maternity, opportunities to progress

12 April 2019

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16 September 2020

Does Nationwide Building Society offer life insurance?

Pros

Generally my colleagues were good people and management were usually supportive and approachable. Life insurance and sick pay benefits were helpful. Pay is ok when compared to similar roles at other Building Societies/Banks.

Cons

Unfair advantages given to certain people when applying for promotions. Not paid for working Saturdays (given lieu instead). Not allowed targets so no commission - difficult to motivate colleagues to refer. Outdated role now that Nationwide have are moving to what they refer to as "The Digital World". Branches are remaining open, except some smaller ones that have closed already. Getting a job at the Swindon head office is a better idea than applying for a branch role - there are far more opportunities for progression. Perhaps this would be the case for the offices in Northampton and Bournemouth as well. There was also a slight nasty, two faced culture in a lot of the branches which could be uncomfortable. Technology in branches is terribly outdated and you have to work between 5+ systems.

Advice to Management

Be honest with employees about the future of the society in terms of branches. Those who use branches are not the future of banking unfortunately. When interviewing employees for promotions don't give an unfair advantage to those who have flirted/lied their way to get the job.

Life insurance and sick pay benefits were helpful.

16 September 2020

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3 English questions out of 3