Bath-headquartered law firm Stone King has been rated as one of the UK’s best companies to work for in a national report which rates and accredits firms on their workplace engagement.
The firm is included in the latest Best Companies UK rankings, which also compiles regional and sector lists.
In the second quarter of this year, Stone King was ranked as the sixth best mid-sized company to work for in London and 31st in the South West.
It also came 15th in the rankings for the best law firm to work for and 53rd best mid-sized company nationally.
The Best Companies lists celebrate the very best in workplace engagement and are based on rigorous, independent assessments of each company’s commitment to engaging with and investing in their workforce, including anonymous staff surveys.
Stone King, which employs more than 230 people across its offices in Bath, Bristol, Birmingham, Cambridge, Leeds and London, is a national leader in the charity, faith and education sectors.
The firm often goes above and beyond for its people as part of its commitment to being a socially responsible employer.
In May everyone at the firm was awarded a one-off current cost of living payment of £500 in recognition of the challenging financial circumstances, as well as increasing everyone’s holiday entitlement by three days per year.
In addition, during the past financial year the firm introduced a profit-sharing scheme to benefit all its people at all levels in the firm equally, based on its financial performance and directly linked to its profits.
Monthly updates were shared to forecast how the scheme was building during the financial year. The pay-out was more than was anticipated due to the firm’s strong financial performance.
The scheme runs alongside the firm’s individual annual exceptional contribution bonus scheme. Stone King has also signed the Mindful Business Charter as part of its commitment to mental health and wellbeing.
Stone King managing partner Steven Greenwood, pictured, said: “We’re delighted with this recognition. As a firm we believe in creating the most supportive environment we can, which not only makes everyone happier but helps us to retain – and very often welcome back – the best people to Stone King. This in turn means that we can provide the best service for our clients.”
“With the cost-of-living crisis we feel a responsibility to support our people as best we can.
“The profit-sharing scheme is a means of directly sharing the fruits of the firm’s success with the people whose hard work made it happen, and that is as true of our support teams as our lawyers. It proved to be a great incentive to all.
“We believe this complements our purpose as a business, to offer a share in our success to all our people and on an equal basis.”
Stone King’s ‘very good’ rating includes a one-star accreditation from Best Companies, described as ‘a significant achievement that shows an organisation is taking workplace engagement seriously.’
