FAIRBAIRN PRIVATE BANK IS ONCE AGAIN AWARDED THE MAXIMUM THREE STAR STATUS
Isle of Man News, 2 February 2010 – Fairbairn Private Bank has once again excelled and been granted the prestigious Three Star Status in the Best Companies Accreditation. This is the maximum star status, reflecting extraordinary workplace and workforce support and development.
Fairbairn Private Bank has been granted ‘Star Status’ for the fifth year running and this year is one of only 50 organisations, of all industries and sizes, across the entire UK to receive the top accreditation. Launched in 2006, Best Companies Accreditation has been established to acknowledge corporate excellence in the workplace. This elite accreditation takes the format of a Michelin-style star system with company performance awarded one star for first class, two stars for outstanding and three stars for extraordinary.
Greg Horton, managing director of Fairbairn Private Bank, explained: “I am extremely proud of our team. During these challenging economic times they have kept focus on the prime task of looking after our clients’ needs and, additionally, have excelled in supporting one another. Our three star accreditation not only serves to raise our business profile in terms of operational excellence and management integrity, but also raises the whole profile of the bank at a time when good news is scarce in the finance industry.”
Fairbairn Private Bank recently became the first British offshore island bank to expand onshore with an office in London, and it is also the first, and only, offshore island based company to receive the Best Companies Accreditation maximum Three Star Status. This accreditation follows feedback from the largest employee survey ever undertaken in the UK and this year embraced a record 1,086 organisations and over 270,000 employees. 140 organisations achieved Two Star Status and 220 were awarded One Star Status.
The accreditation focuses on workplace engagement and aims 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 managers, team and company; and what the company gives back to society.
Mr Horton added: “This fabulous accolade provides a valuable measure as it compares companies of all sizes and sectors, right across the spectrum of UK corporate life.”
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