Premium Credit wins at Chartered Institute of Personnel and Development Management Awards
Premium Credit is proud to announce success at the CIPD People Management Awards (Chartered Institute of Personnel and Development). Premium Credit was named winner of the Best Organisational Development or Design Initiative category.
The awards recognise the outstanding talent, teams and projects delivered by the UK’s public and private sector within Human Resources, Learning & Development and Organisational Development.
The Best Organisational Development or Design Initiative recognised Premium Credit’s project, in conjunction with Q5, to grow and improve its sales team’s financial performance, leading to the best results in the business’ 30+ year history. (Premium Credit currently lends over £4.5 billion in net advances). The winning entry also highlighted how clear development pathways were identified for different roles within the team and the launch of a sales academy to enable individuals to reach their full potential.
Premium Credit was also nominated in the Best Employee Experience Initiative category – acknowledging Premium Credit’s strategy to transform the culture of the business, developing a high-performing environment, improving engagement so that colleagues felt supported and able to perform at their best.
The award entries outlined two of a series of people initiatives the business ran during the Covid-19 pandemic, the aftermath of Brexit, and through the wider economic challenges of the past year.
Sarah Evans, Head of HR, Premium Credit comments: “Our team is thrilled to have achieved success at the CIPD People Management Awards. This award serves as independent verification of the work we have been doing to prioritise our people. Through our people-focused initiatives, we have been able to create a workplace that facilitates high performance, improved engagement, and overall success. Winning this award is not only a tremendous honour but also a valuable tool in attracting top talent to Premium Credit in the future!”
Premium Credit is constantly making efforts to provide a working environment of the highest quality so its staff can thrive, develop and fulfil the business’s purpose to serve its customers and partners in the best possible way.
Josie Pileio, Chief People and Operations Officer adds: “Investing significantly in our people is a top priority, as they are our most valuable asset. It's important to continue striving for improvement, but receiving this award demonstrates the progress we've made. We're delighted to be acknowledged in this manner and extend our congratulations to the other winners and nominees.”
The CIPD People Management Awards were hosted at JW Marriott Grosvenor House, Park Lane, London, on 21st September 2023.
Authored by Premium Credit
About Premium Credit
We are the leading provider of premium finance in the UK and Ireland, and the only company endorsed by BIBA.
We are authorised and regulated by the Financial Conduct Authority, and work with over 3,000 producers of all sizes. We serve over 2.1 million customers, process 24 million direct debits and receive advances of £3.5 billion.
For over 30 years, we’ve led the market through thought leadership, innovation and technology and have helped our partners offer finance compliantly to their customers through face-to-face, telephony and online channels.
We continue to invest to ensure we provide a quality service and support that helps you grow your business and commission. From the delivery of a seamless customer journey, which includes real time decisioning for financing and 24/7 account servicing, to consultation that improves the offer of finance to customers, we are committed to growing the premium finance market.
Our Specialist Lending division also provides finance to pay other annual costs, such as professional fees, membership subscriptions, commercial service charges, golf clubs and school fees.