Virgin Money is proving flexible working is good for business, after new data reveals the number of applications to each vacant role at the bank has more than tripled, while employee attrition has halved, one year on from the launch of its flexible working package, ‘A Life More Virgin’.
The new working model has also helped to significantly enhance the diversity of applicants to roles at Virgin Money. Employee data shows the number of applicants declaring protected characteristics, such as ethnicity, sexual orientation and gender, has risen by 204%.
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