Congratulations are in order to FBN Holdings Plc, the esteemed parent company of First Bank of Nigeria Limited, for achieving remarkable financial success in the first half of 2023. Beyond the numbers, the organisation's commitment to fostering a people-first culture, as evidenced by its 2022/2023 Great Place To Work survey data, has played a pivotal role in driving employee satisfaction, productivity, and overall business growth.
People-First Culture and Great Place To Work Certification
At the core of FBN Holdings' continued triumphs lies its dedication to creating a workplace where employees feel valued, supported, and empowered. The Great Place To Work survey data proudly reveals that an astonishing 97% of its employees trust management, while 94% proudly claim that they are offered training and development opportunities to further themselves professionally.
Also, the opinions of employees of its core banking subsidiary, First Bank Limited, are not far from this with 88% of its employees saying management is competent at running the business and 88% saying they are offered training or development to further themselves professionally.
These impressive figures are a testament to FBN Holdings' unwavering commitment to prioritizing employee growth and satisfaction. By nurturing a people-first culture, the organisation has succeeded in instilling a sense of pride, camaraderie, and belonging among its workforce, contributing to an outstanding financial performance in the first half of 2023.
Employee Engagement and its Impact on Financial Performance
The correlation between employee engagement and financial success is undeniable. FBN Holdings' robust Great Place To Work survey data reveals that 97% of employees feel a strong sense of pride in telling others they work here, while 100% affirm that they feel welcome upon joining the organisation.
Such high levels of employee engagement directly translate into increased productivity, creativity, and commitment to achieving organisational goals. Employees who are proud of their workplace and feel a sense of belonging are more likely to go above and beyond to contribute to the company's growth, fostering a high-performance culture that drives financial success.
Leadership and Trust
A critical factor that has contributed to FBN Holdings' financial achievements is the trust employees place in the management. An overwhelming 97% of employees trust the leadership, highlighting the strong bond and transparent communication between leaders and their teams.
Leaders who prioritize open communication, value employee feedback, and embrace a people-centric approach, inspire trust and loyalty among their workforce. This trust fosters a positive work environment, where employees are encouraged to share ideas, take initiative, and collaborate seamlessly, ultimately driving innovation and business growth.
Continuous Improvement and Innovation
FBN Holdings' Great Place To Work survey data further underscores the organisation's commitment to continuous improvement and innovation. An impressive 94% of employees state that they quickly adapt to changes needed for the organisation's success, highlighting their agility and readiness to embrace new challenges.
A culture that values innovation and encourages employees to adapt and evolve is key to staying ahead in a rapidly changing business landscape. By empowering its workforce to innovate and explore new possibilities, FBN Holdings has successfully navigated challenges, capitalized on opportunities, and achieved financial milestones.
FBN Holdings Plc's outstanding financial performance in the first half of 2023 can be attributed not only to its strategic acumen but also to its people-first culture. The organisation's Great Place To Work survey data serves as compelling evidence of its commitment to employee satisfaction, growth, and well-being. By fostering a workplace where employees are engaged, trusted, and valued, FBN Holdings has harnessed the power of its workforce to drive innovation, adapt to change, and deliver exceptional results. As it continues to prioritize its people and cultivate a culture of excellence, FBN Holdings sets a powerful example for the financial industry and demonstrates how a thriving workplace can be a driving force behind unprecedented financial success.
