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Impact Report 2022-23

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Annual <strong>Impact</strong> <strong>Report</strong> <strong>2022</strong>/20<strong>23</strong><br />

People<br />

Our team is now…<br />

On January 4th 20<strong>23</strong>, 50% of the colleagues<br />

working at Society had been hired within the<br />

last 12 months.<br />

This level of turnover would present a challenge to any organisation.<br />

Onboarding and assimilating such a high proportion of new people risks<br />

inadvertent changes to your collective culture and values, or a dilution<br />

of quality standards. But we are delighted to report that the change has<br />

been managed smoothly and successfully, with our new team members<br />

providing a noticeable injection of fresh energy, enthusiasm, and<br />

commerciality.<br />

In Q1 <strong>2022</strong>, we made our biggest ever change to employee T&Cs –<br />

reducing contracted working hours whilst upholding salary levels, and<br />

increasing the level of flexibility afforded for colleagues to decide when<br />

and where they do their work. We have since followed that up with<br />

several more investments in our people:<br />

24%<br />

BAME/BIPOC<br />

65%<br />

Female<br />

• the introduction of a formal<br />

closure period between<br />

Christmas and New Years;<br />

• a new Electric Vehicles Policy to<br />

assist colleagues in transitioning<br />

to a more sustainable mode of<br />

transport;<br />

• moving our UK pension<br />

scheme to a salary sacrifice<br />

arrangement;<br />

• launching an employer medical<br />

insurance scheme in the USA;<br />

• revising our Eye Tests Policy to<br />

reflect a new collaboration with<br />

Specsavers;<br />

• the reintroduction of our<br />

Personal and Professional<br />

Development Allowances<br />

scheme which gives every<br />

Society colleague £250 to use<br />

as they want for any kind of<br />

course, purchase, activity, or<br />

subscription that interests them;<br />

• a new Menopause Policy to<br />

codify the support and flexibility<br />

we provide to menopausal and<br />

perimenopausal colleagues.<br />

24%<br />

LGBTQ+<br />

35%<br />

Part-time<br />

18<br />

53%<br />

Parents

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