Standard Bank Wealth International in the Isle of Man has demonstrated its credentials as a diverse, inclusive, fair, equal, respectful and accepting place to work.

Diversity charity Liberate conducted an audit of Standard Bank’s policies and procedures.

It surveyed Standard Bank’s employees in the Isle of Man to find out how diverse the workforce is and what it is like to work for Standard Bank.

Also of importance was how employees feel about DIFERA (diversity, inclusion, fairness, equality, respect and acceptance) and how fairly development opportunities, including promotion, remuneration and training, are distributed across the workforce.

From these results, Liberate produced a comprehensive report that will act as the benchmark from which to measure Standard Bank’s progress on the DIFERA scheme for which it has now been given the seal of approval.

Vic Tanner Davy, CEO of Liberate, said: ‘Standard Bank’s results were very encouraging and showed a culture of respect and acceptance within the bank. The bank’s policies and procedures were particularly comprehensive and well-written with, for example, a maternity policy more generous for pregnant employees than statute.

‘This type of provision supports women in particular within the workplace, helps retain that talent through pregnancy and afterwards, and attracts more women to work for Standard Bank, widening their choice of candidates.’

Tina Monro, head of human capital for Standard Bank Wealth International, said: ‘We committed to this review process with the hope of gaining insights into our culture and what our people were thinking and feeling about the bank as an inclusive workplace, but came out of it with a very detailed analysis across a range of inputs and a clear action plan for improvements. Liberate’s work was thorough, diligent and very professional’

Will Thorp, CEO for Standard Bank Wealth International, said: ‘We are delighted to have been able to have this resource available to us.

‘This work has been invaluable and we are looking forward to continuing with this partnership as we focus on our organisational culture.’