Building society creates more jobs

 

November 7, 2007

The Nationwide Building Society is set to create hundreds of new jobs over the next few years, having already announced the creation of two hundred new positions.

An expansion of its Swindon call centre means that the Nationwide can offer jobs to more people, whilst providing a better service for customers at the same time.

With around half a million calls a months being received, officials from the building society state that the expansion will help Nationwide to better deal with customer enquiries and provide a far better service to its consumers. The expansion will involve the development of purpose build premises, and is due to become operational in 2008.

The Nationwide building society has five call centres in all, and states that its customers much prefer having call centres based in the UK. Many banks in the UK have been sending their call centres abroad over recent years to cut costs, but customers have not taken to overseas call centre, claiming that they do not receive the service that they want because of communication problems.

In a recent Nationwide survey nearly 80% of consumers stated that they would be less likely to deal with a bank that had overseas call centres if given the choice, and over half said that if their call centres were moved abroad they would consider switching banks.

Many UK banks and financial institutions have announced job cuts over recent months, and this is the result of the financial turmoil that has hit the money markets both in the UK and globally.

The news of new job creations from Nationwide has been welcomed by many, and it is thought that by 2010 there could be around 600 staff members working at the expanded Nationwide call centre in Swindon.

The building society has already created a number of job opportunities over recent years with the developments of its call centres, and states that its customers are very pleased that they are able to deal with bank staff members within the UK rather than having to speak to an overseas staff member and encounter communication difficulties.

Alan Wright
7th November 2007

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