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We are a UK specialist bank. Our lending products include mortgages for landlords and loans for business customers.
Our purpose is to support the ambitions of the people and businesses of the UK by delivering specialist financial services.
Our strategy is to build a specialist bank for our customers, which delivers sustainable growth and shareholder returns through a low risk and robust model.
Record profits underpinned by strong lending and margin growth.
Sustainability is central to our long-term success and it influences every aspect of our business
Sharing our progress on key environmental, social and governance issues.
Keep up-to-date with the latest new releases and insights from across our business.
As buy-to-let celebrates its 25th anniversary, we look at its evolution and impact.
We understand how important our employees are to the business and, in recognition of this, we provide a variety of excellent reasons to work for us.
Find out what it’s like to work at Paragon and explore our current vacancies.
We recognise the benefit of keeping employees informed of the progress of the business and foster a range of initiatives to encourage and deepen involvement.
employee engagement recorded in the in-depth, 2021 employee survey
employee check-in survey
employees participate in at least one active Sharesave Plan
Employee representatives from each area of the business attend the People Forum. It facilitates communication and dissemination of information throughout the Group and provides a means by which employees can be consulted and provide feedback on matters affecting them.
The purpose of the People Forum is:
The People Forum is designated as the primary channel through which the Board receives information on the views of the workforce.
In 2020, non-executive directors attended People Forum meetings to discuss topics including pay, reward and the impact of the pandemic on the workforce and the business.
The People Forum championed an initiative to cut waste by eliminating single-use, plastic cups at all locations and providing each employee with a reusable water bottle instead.
Regular employee surveys give us the opportunity to gather employee opinion on a wide range of topics, from the effectiveness of our leaders and our approach to customers to the success of our employee communication and development initiatives.
All employees receive regular information on the performance and plans of the company, and the financial and economic factors affecting it, through electronic information and presentations.
Our intranet site, The Hub, delivers a daily stream of Paragon-related business, culture and wellbeing news.
Regular conversations take place between each employee and their manager to reflect on performance, set future objectives and agree development needs.
We operate a Sharesave share option scheme and a profit-sharing scheme, both of which enable eligible employees to benefit from the performance of the business.
Paragon Banking Group PLC is a specialist finance provider. We offer a range of savings and lending products in the UK through Paragon Bank PLC.