GoodHrPractices AnishaKoul

You might also like

Download as pdf or txt
Download as pdf or txt
You are on page 1of 8

GOOD

HR
PRACTICES

Anisha Koul
22020845005
National Westminster Bank, commonly known as NatWest, is a major
retail and commercial bank in the United Kingdom based in London,
England. It was established in 1968 by the merger of National
Provincial Bank and Westminster Bank. In 2000, it became part of The
Royal Bank of Scotland Group, which was re-named NatWest Group

What
in 2020
NatWest is considered one of the Big Four clearing banks in the UK,
and it has a large network of over 960 branches[6] and 3,400 cash

does it
machines across Great Britain and offers 24-hour Actionline
telephone and online banking services. Today, it has more than 7.5
million personal customers and 850,000 small business accounts.

do?
Natwest highly stresses on equal opportunity for women. As of
30 June 2023, Natwest reported to HM Treasury that the
proportion of women in the global top three levels of their
organisation was 41%. Natwest is listed in India's Best

HR Companies to Work For 2021 - Rank 89

Practices Natwest Group has reported a mean gender pay gap for 2022 of
28.07%. A total of 58.9% of men and 49.3% of women received a

being
bonus. They have also been included in the Times Top 50
Employers for Gender Equality list

followed If you desire additional vacation days, NatWest is the perfect


destination for you. With a generous allowance of 28 days, they
exceed the standard 15-day offering of other companies.
Special Leaves (Snippet)

source: https://www.rbspeople.com/policyinformation/docs/leave-support-pack-gbr-uko.pdf
Natwest introduced Reskilling Program in 2022 where over
1300 employees who were at the risk of redundancy due to
various processes getting automated were reskilled and
redeployed as software engineers

HR
Practices Even if the organisation does not have the employees deal with
physical health hazards, every quarter, there is an Occupational
health & safety training to prevents accidents. In 2022 NatWest

being
Group received a ‘Highly Commended’ recognition at the Royal
Society for the Prevention of Accidents (ROSPA) in the
‘Commercial & Business Services’ Industry Sector award.

followed In a first of its kind initiative in the Indian industry, Natwest had
formally rolled out a Transgender Internship programme in 2019.
The Diversity & Inclusion Rainbow (transgender workstream)
team took on a challenge to initiate the Natwest first Transgender
Internship program.
My Perspective

After conducting extensive research, I have determined that Natwest is among the best workplaces available.
Here's why:

The company promotes transparency in its practices, and it prioritizes its employees as key stakeholders.
Furthermore, Natwest's initiatives for upskilling employees are exemplary.
In terms of compensation and benefits, Natwest offers packages that exceed industry standards.
Natwest actively participates in many HR initiatives, such as the Transgender Internship Program, which
demonstrates the organization's role as a change maker and leader within the industry.
Reviews on Glassdoor and Indeed suggest that the company has a friendly work culture, which contributes
to its reputation as a desirable workplace.
Pages
Referred

You might also like