Controlled circulation magazine printer Pensord has beaten off competition from the likes of global steel giant Corus to land the People Development Company of the Year award in the company’s homeland of Wales, just months after achieving Investor in People status.
The award was made in a ceremony in Cardiff by the country’s national daily, the Western Mail in association with University of Glamorgan Business School, in recognition of companies that have improved performance and quality through the development of their staff. Pensord prides itself on its Pensord People and recently celebrated the award of Investor in People, joining an elite group of less than 2% of companies throughout the printing industries who boast the standard.*
Pensord’s strapline is Pensord People Make A Difference and developing Pensord People is at the heart of all company operations. Chief Executive Tony Jones said: “It is very gratifying to be recognised for something we believe in passionately at Pensord – the development of our people. This business is all about the people and our key focus is to develop and broaden the skills of everyone here at Pensord, not just for the individuals themselves, but also to enhance business performance. It is particularly rewarding to beat off competition from some much larger businesses.”
Judges took into account Pensord’s performance over the past five years in:
Setting up the Pensord Charter that established the foundations for all business relationships and reflects the Pensord corporate values.
Initiating a Stakeholder scheme to reward staff with a share in the business.
A Business Improvement Development Plan to provide structure for the whole process.
The Employee Forum to encourage ideas on how best to take the company forward from all areas of the business.
Training tailored to facing new challenges in the business such as adapting to new equipment, or changing roles.
Performance development reviews to establish the development needs of every member of staff.
An induction programme to ensure fair and consistent treatment for all.
An Employee of the Month scheme to reward staff who go that extra mile to make a difference.
The People Development Academy to develop latent potential for progression within the business.
Pensord impressed the judges by putting great emphasis on staff training, by having high levels of staff retention, and by being able to attract staff to rejoin the company after they leave to broaden their experience elsewhere.