Vaultex achieve IIP Platinum accreditation
In 2019, Vaultex retained our Gold Investors in People (IIP) status after being re-evaluated by IIP under their new 6th Generation assessment criteria. This was a significant achievement at the time, as only 17% of companies that held Gold standard under the old criteria managed to retain it under the new one.
This year, we were evaluated by IIP for their highest employer accolade: IIP Platinum. A brand-new accreditation introduced as part of their 6th Generation criteria, that sits above their Gold status.
Our performance received the maximum mark in seven of the nine practices we were assessed against, whilst the other two were still defined as ‘advanced’. As a result, we are very proud to announce that Vaultex have been accredited with IIP Platinum status until 2025 – with our approach to Diversity and ESG described as ‘exemplar practices’.
This is a remarkable achievement as less than 5% of IIP accredited companies worldwide can attest to being Platinum. It’s also particularly meaningful as the assessment process relied on the contributions of 185 Vaultex people, who spoke honestly about working life at Vaultex through independent face-to-face interviews and surveys with an IIP assessor.
Alongside our Platinum achievement, we also successfully retained IIP Gold status for our approach to Health and Wellbeing. This remains a feat few organisations obtain simultaneously, as we demonstrated advanced practices in all aspects of the standard – including physical, psychological, and social wellbeing.
“There was clear evidence and progression to illustrate that Vaultex are operating an IIP performance model at a notably higher level than the last assessment in 2019,” says IIP Assessor John O’Sullivan.
“Feedback reflected very high levels of satisfaction, motivation, and association amongst your people. When you compare this to the trajectory of improvement over the last six years, it’s clear to see that you care about your people – and we know you’re ambitious to do even more for them.”