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