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PIC employs highly-skilled individuals who all work to deliver a common purpose, supported by a culture of innovation and a strong set of values. PIC has always invested heavily in making our workplace an attractive and rewarding place to work. We can only succeed by employing high-quality individuals and then providing the support mechanisms to allow them to succeed.
Employee engagement is the extent to which employees feel connected to and motivated by the work that they do.
Our employees are the heart of our business and we value their views and experience of what life at PIC is like. PIC has a comprehensive employee engagement programme in place to effectively collect the insights of the people that make us the success we are. This includes a formal annual employee engagement survey and monthly all-employee meetings designed to provide employees with key updates from across the business, and regular opportunities at company events for employees to ask questions of their leadership team on any subject, from strategy, operations, career development, or even employee-run clubs.
We want our employees to be appropriately rewarded for their outstanding work, and PIC offers competitive remuneration packages and a generous range of benefits. These include:
In order to build a sense of ownership in the business and incentivise individuals to grow the business in the right way, we operate a Save as You Earn ('SAYE') scheme. The scheme has been in place since 2013 and allows employees to build up blocks of 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 with employees able to share in the long-term value creation of the business.
Background and career: Tracy is Chief Executive Officer and a Director of Pension Insurance Corporation plc, as well as CEO and a Director of PIC’s parent company, Pension Insurance Corporation Group Limited. Tracy is responsible for leading PIC’s management team in carrying out the company’s strategy. Tracy was one of PIC’s founders, joining in 2006. Until she became CEO in 2015, Tracy was PIC’s Chief Investment Officer and was responsible for building up the company’s asset management function
Background and career: David has extensive Chair and non-executive experience across a range of Financial Services businesses. He has previously chaired Fidelity Investment Services (UK) LTD, served as Senior Independent Director at Royal London Mutual Insurance Society, including as Audit and Risk Chair at a number of businesses.
He currently chairs the Boards at Mizuho PLC, OSB Group PLC. David’s executive career included serving as Global Chief Information Officer at Barclays and Chief Risk Officer at RSA PLC.
