Investment banks, and investment banking recruiters, are among some of the best companies to work for in the UK. But they're not quite as good as the large accountancy firms.
The new list of the 20 Best Big Companies to Work For in 2006, produced by The Sunday Times, ranks Morgan Stanley and Deutsche Bank 5th and 16th respectively. Similarly, the paper's list of the 100 best UK employers contains several financial services recruitment firms.
Morgan Stanley's high ranking position is attributed to its generous selection of on site benefits, including a gym, beautician and occupational health advisor. The bank also apparently runs quiz nights, summer drinks parties and fund raising events. 70% of employees say the 'love' working there. 77% say the bank is good for their own personal growth.
Deutsche Bank comes across as a friendly sort of place, with 70% of its employees saying they care a lot about each other. 32% of Deutsche Bank employees, however, confessed to being too stressed to perform well.
Among financial services recruitment and outplacement firms, Badenoch & Clark, Robert Half, Morgan McKinley, ECHM, Penna, and Michael Page all ranked in the 100 best companies to work for.
The survey results, based on responses from employees themselves, also suggests banks have some way to go before the pleasure of working for them matches the delight of working for a large accountancy firms. KPMG, Deloitte, PricewaterhouseCoopers and Ernst & Young all ranked in the top 20 large companies to work for, with KPMG coming in first place.