The Bank of England is an iconic institution, instantly recognisable the world over. This history means they have been at the heart of the UK economy for over 320 years, but they are changing quicker than ever before. The Bank’s Early Careers Team wanted to introduce a new way to engage with their candidates to offer them support and guidance, but also to help bring their unique culture to life.
The Bank of England values diverse ideas, open debate and perspectives that challenge the prevailing wisdom. They continuously seek to develop and empower their people at all levels to take the initiative and make things happen and they have a genuine focus on diversity and inclusion.
The Bank wanted to give candidates the opportunity to learn more about their Graduate, Industrial Placement and Intern opportunities to aid with informed decision making, so introduced regular group chats which had a focus on a particular area. Participants were keen to establish if their qualifications and skills would suit the area in question, gain insight into the assessment process and also find out about the culture of the Bank.
Current graduates were on hand to give their views on their experience, share insight and challenge misconceptions about what the working environment would be like. One graduate explained:
‘The office environment is really open and friendly and we have flexi time which is really great as it enables you to balance life and work really well. There is a gym in the Bank and also a sports Club in Roehampton with a pool, tennis courts etc. There are various societies you can join including sports and it is really easy to make friends when you join as part of the Grad scheme since you have many opportunities to spend time with the other graduates so it does promote a social environment.’
Jess Beynon, Early Careers Recruitment Manager said:
“Meet and Engage has allowed us to speak to a much wider number of students both before and during the application process than ever before. It has allowed every applicant the chance to speak to current Graduates, Industrial Placements or members of the Future Capability Programme, as well as the Bank’s Early Careers Team, and to ask the questions they rarely would have been able to in such an in-depth way ahead of interview. It has allowed us to support candidates through the process, and provide guidance at each stage.”
“ The chat opened up a new communication channel for our candidates with thousands of unique users, a contributing factor to improved Team Responsiveness ratings in our candidate experience surveys. ”
Virgin Media Operations Manager, TMP
“ The 121 chats allow prospective students to ask us multiple questions and get the answers they want there and then. We have found that they are also more open in their questions to us. ”
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