On Thursday 5th March the Property Transaction team attended Cardiff City hall as award finalists for the Chamber of Commerce Welsh Business Awards 2020, hosted by Welsh television presenter Gethin Jones.
From over a hundred applications, forty-seven companies were shortlisted for awards, with the event hosting more than three hundred and eighty attendees.
Property Transaction were proud award finalists, leading the way with a total of three prestigious award nominations in the categories of Workplace Wellbeing, Customer Commitment and Employer of the Year.
Heather Myers, CEO of South Wales Chamber of Commerce stated, “These awards showcase the best of Wales, across all sizes of business and all sectors”. Gethin Jones backed Heather stating “Tonight we showcase the very best of the very best.”
Finalists for the Wellbeing in the Workplace award included Bright Link Learn, Retreats Group LTD and Property Transaction.
Deloitte’s ‘January 2020 Mental Health and Employers’ report states “the annual cost of mental health issues to Welsh employers is £1,557 per worker, with the total cost to UK businesses rising to £45bn. This amounts to an increase of 16% since 2016, or an extra £6bn a year. For employers in Wales, this research reveals that the annual cost of a worker leaving their job for mental health reasons is £212 per employee.”
Event sponsor CGI who presented the award stated “It is clear that wellbeing is at the heart of organisational culture at this business, which has had a quantifiable impact on organisational performance”.
The Property Transaction team were incredibly proud to win the Workplace Wellbeing Award. Managing Director Lloyd Davies stated “Of all of the awards, this is the one that we wanted to win more than any other.”
Mental health awareness and support have always been a key focus for Property Transaction, particularly following the tragic passing of Lloyd’s son Max Davies, in August 2018. The Mindstep charity foundation was set up in 2018 by Lloyd and his family to support mental health research, awareness and support.
With plans to double in size in the next twelve months, the Property Transaction team believe that winning this award supports the direction they are passionately taking the business and would like to encourage other businesses to implement similar policies.
Property Transaction’s key award-winning wellbeing policies include:
Alana Shakespeare Head of HR at Property Transaction stated “Implementing these policies has created a culture where employees are invested in the business and nearly always want to go the extra mile. Employee sickness and absence has reduced by 20% since 2018 and 2019 saw the fewest employees on long term sick.”
In the last two years, Property Transaction has experienced the highest level of profitability in the company’s history, alongside exceptional client feedback displayed on through their 4.6/5 star rating on Trust Pilot.
Lloyd stated “We feel incredibly honoured to have achieved this award as a symbol of Property Transaction’s commitment to staff. We would like to share our knowledge with other businesses to help improve mental health in Wales and the UK.”