Pension Insurance Corporation has a highly entrepreneurial culture in which self-starters are able to thrive as part of a team. PIC recognises that the skills, knowledge and experience of our people are critical to the future success of the company. We therefore seek to recruit and retain the very best people.
"PIC enjoys a history of staff retention with low staff turnover."Institute of Customer Service 2015
PIC recognises that the skills, knowledge and experience of our people are critical to the future success of the company. We therefore seek to recruit and retain the very best people.
The company has a flat structure, with short reporting lines, modern systems and processes, and an open, entrepreneurial culture. This allows us to react quickly to customer needs. In order to build a sense of ownership of the business and incentivise individuals to grow the business in the right way, we operate a Save as You Earn scheme. This gives employees the opportunity of purchasing shares in the company. The scheme is open to all employees on an annual basis. This is unusual for a private company, but we believe it lays the foundations for a sustainable and successful company for many years to come.
Other key areas for ensuring that we act as a team include:
- Open door policy by all senior management
- Active mentoring for actuarial students
- Talent management programme
- Flexible working
- Equal opportunities
- Staff attendance at policyholder events
- Sporting events, including company football and netball teams
- Company-wide charity fundraising events, including our eagerly anticipated annual treasure hunt