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HBOS plc
| Do you know aproximately how many graduates your organisation has recruited between 2004-2005? | 99 |
| How do you advertise vacancies that graduates could apply for? | Science and Maths, IT, Engineering/Building Maintenance, Arts and Humanities |
| From which degree discipline do you normally recruit graduates? | Any, Science and Maths |
| Do you have any minimum academic requirements? (e.g. Yes/No) | Yes |
| What sort of work experience do you feel is appropriate for the kind of graduate roles that you recruit for? | Varies on where they go to work and the variety of things done; want to see how they've taken charge of projects and other tasks - what they did and how. |
| What for you makes an applicant stand out from the crowd? | Someone who is a natural leader and who can be a good manager. Someone who is considerate of other people and their interests but who still manages to get their own point across. |
| What common mistakes do you see applicants make at interview? | Don't take ownership for what they've done. People who either don't speak or talk too much at the assessment centre. |
| What kind of training do you provide for new starters within your organisation? | Induction programme; core development programme - consists of information on the business, wider retail. It is generally a 2 year programme, the IT programme lasts normally for 3 years. There are also on the job secondments and various projects. They can also consider the option of further study. |
| What is the average starting salary of a graduate within your organisation? | 20000 |
| Do you offer any other kind of work for undergraduate students? | Paid part-time work,Vacation work |
| Do you know approximately how many graduates your organisation has recruited over the past 5 years?
Please provide details | over the past 5 years it has been varied between 80 and 100 nationwide |
| Do you have any minimum academic requirements? (e.g. A Level points scores, degree classification) | 2i degree |
| What is involved in your recruitment process? | On own website, Through an agency, Graduate Link, University Careers Services, Jobcentre Plus, Specialist publications, Recruitment websites |
| How does your organisation ensure a good work-life balance? | Operate a flexible working system where by staff can start earlier and finish later, or work the required number of hours over fewer days. They also offer term time only work and the option of working from home - all of these options are obviously in line with ensuring that the business needs are still being met. |
| How are people inducted into your organisation? How long is the process? | The induction process varies slightly depending on which work area you are recruited to work in but it generally consists of the following: On the first day you are introduced to your line manager, introduced to the team and conduct discussions on your role within the team. The second day is spent on statutory and regulatory training which includes an introduction to HBOS and its policies and procedures and then narrowed down to the aims and objectives of your individual team. The induction period usually takes approximately 2 weeks and the rest of the first two weeks is spent observing the team and other people doing the same role as you and learning how to do your job properly and looking in to the courses that are required for your own personal development. |
| How does the organisation embrace employees to make them feel part of the team? | Team meetings are held regularly where staff are kept informed of happenings within the company. Individual teams will have things like team lunches, team activities and team events for team building. |
| What kind of training do you provide for new starters within the organisation? | There is a core development programme which usually lasts for the first 2 years of service. You get a development plan which is reviewed at least every 6 months. There are also on the job secondments where you can go and work on different locations or other projects. |
| What benefits/rewards are offered by the organisation? | 'total reward' package. This is based on a new starter coming in on the graduate programme.
Retail salary / benefits
Basic Salary
Performance-related bonus
Share Kicker - Giving you the opportunity to boost your bonus earnings by up to an additional 50%, by investing your bonus in HBOS shares
Free shares - A discretionary, annual gift from the business, with the shares held in trust for three years (in 2005 5% of annual salary)
Sharesave - For a set period you have the opportunity to save a monthly amount of up to £250. This money and any additional bonus payments can be used to buy shares at a predetermined, discounted price
Discounted financial products - You can benefit from a range of discounts and preferential rates across a wide range of HBOS & associates products, including better rates on mortgages, loans and insurance plus lots more
Pension - Company contributions along with the option of making additional payments that will be matched (up to a limit)
Private Medical Insurance
Life Assurance
Generous holiday entitlement - You'll receive 26 days paid holiday a year, rising upwards depending on your role and length of service. Plus Bank Holidays.
Flex Benefits - an innovative and highly popular package that allows you to 'adjust' the balance of benefits according to needs. For example, 'buy' an extra day's holiday out of your salary, or maybe you'd rather sell!
We also recognise our important role in the community, which is why we have the HBOS Foundation and the opportunity to volunteer your help in the community. |
| What is the recruitment process for a graduate applying for work with your organisation and what core competencies do you look for? | All applicants must complete the online application form which asks questions relating to a number of different competencies. One of the main things that they are looking for is evidence of projects or work that the applicant can take ownership for and also the variety of activities/work undertaken during the course of the degree. If you are successful in the online application the next stage is an online numerical test followed by an online verbal reasoning test. Both have practice sessions that you can complete prior to taking the actual test and you can do the practice tests as many times as you like. If you pass both of these, you will then have a telephone interview which usually lasts about 20 minutes and they ask approximately 4 questions which will be based on the actual role you are applying for. The final stage of the recruitment process is the Assessment centre which normally lasts a full day and consists of various testing, a large group exercise and also smaller group exercises with a presentation and a face to face interview. Successful candidates will be informed at the assessment centre when decisions are likely to be made. The applications open in September and close around the end of February with assessment centres in February, March and April. |
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