Nationwide Building Society Compensation FAQ

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

Pros

Salary is really competitive Great Benefits, sick pay, pension and bonuses Friendly atmosphere, great place to work and meet like minded people Not sales driven, no pressure to get sales

Cons

Stop making unnecessary redundancies when the mortgage market is really busy and you have staff that have been there 20 years plus

Advice to Management

Look after your older employees

Pros

Decent pay, good incentives and benefits, it’s a company that actually cares about their staff, work from home

Cons

If you like your weekends and bank holidays free this isn’t a role for you. Difficult to balance work and life. Also very difficult to progress

Pros

Fantastic benefits package with yearly bonus & pay rise, extremely good pension plan, and you can work where you want 100% of the time (Office, home, cafe, or all!).

Cons

Busy body culture - if you're not working late well past your finish time and if your diary isn't full then you're not dedicated enough or you're missing out on work that needs doing. Improving ways of working is a big struggle for a lot of teams. Change happens far too slowly, duplication is a big problem, tick box exercises that aren't allowed to be challenged/improved etc...

Advice to Management

Managers need to understand the systems and processes their teams are using to understand why/where there are problems.

Pros

Good maternity pay and aftercare

Cons

Not very transparent with its employees