PXP Financial, the experts in global acquiring, payment, fraud and data analysis services, has been named in the Newsweek Top 100 Most Loved Workplaces® (UK) list and received certification as a Most Loved Workplace®.

The 2023 Top 100 Most Loved Workplaces® rankings are the result of a collaboration between Newsweek and the Best Practice Institute (BPI), a leadership development and benchmark research company. 

The results were determined after surveying more than two million employees from businesses with workforces varying in size from 50 to more than 100,000. The list recognises companies that have created a workplace where employees feel respected, inspired, and appreciated and are at the centre of the business model. PXP Financial has ranked at number 90.

PXP Financial’s CEO, Kamran Hedjri, commented: “We’re proud to be recognised as a workplace where employees enjoy a positive and nurturing environment where their achievements and progress are celebrated. Our person-centred approach to building teams has enabled us to create a highly collaborative culture where our people feel confident in their work and are encouraged to thrive.

“With a 25% higher-than-market rate for promotions, we are committed to fostering a supportive workplace where people know they will be recognised for their contributions, which results in greater job satisfaction and productivity. This positive ethos translates to best-in-class customer service, too.”

The analysis assessed companies against the Best Practice Institute’s ‘Spark Model’, a peer-validated framework with criteria including Systemic Collaboration, Positive Vision of the Future, Alignment of values, Respect and ‘Killer Achievement.’ Sentiments indicating how engaged employees are, how positive they feel about their workplace, and how committed they are to the organisation’s success were also analysed to identify the Top 100 Most Loved Workplaces.  Research by the BPI has found that Most Loved Workplaces® produce three to four times better customer service, employee performance, and retention than other businesses.

Newsweek’s Global Editor in Chief, Nancy Cooper, commented: “With the rapidly changing workplace and competition for top talent, more companies are recognizing the importance of employee engagement and commitment”, said Nancy Cooper, Global Editor in Chief, Newsweek. “The workplaces that have demonstrated a commitment to their employees in 2023 are more likely to attract the best talent and deliver strong business outcomes.”

BPI and Most Loved Workplace Founder and CEO, Louis Carter, added: "Fully understanding and acting upon employee sentiment, emotion, and recommendations continues to be a challenge and top priority of executive leadership,” said Louis Carter, CEO of Best Practice Institute. “The companies on this list have committed to listening carefully to their employees to create a workplace employees love.”