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Punch Taverns plc 2011 Annual Report

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10<br />

<strong>Punch</strong> <strong>Taverns</strong> <strong>plc</strong><br />

<strong>Annual</strong> <strong>Report</strong> and Financial Statements <strong>2011</strong><br />

Operating review continued<br />

Our people<br />

Our people have had to cope with<br />

enormous change this year as we<br />

demerged the managed business<br />

and created new teams for the<br />

purely leased and tenanted<br />

business. To have accomplished<br />

all of this and continue to improve<br />

the performance of the business<br />

is testament to their commitment<br />

and calibre.<br />

Top 25<br />

<strong>Punch</strong> as a Group achieved 21st place in the Sunday Times Best<br />

Big Companies to Work For <strong>2011</strong>, the only major pub company<br />

to be listed. This is a fantastic achievement and reflects our<br />

commitment to develop our team and our Company culture to<br />

make us a ‘Great Place to Work’. We were rated highly for open<br />

and honest communication from managers, staff feeling they<br />

could make a contribution to the success of the Company and<br />

teams being fun to work with, as well as being nominated for<br />

a special award for wellbeing.<br />

Recognition<br />

The success of our teams has been celebrated throughout the year<br />

through our internal recognition programme, the PROUD Awards.<br />

One hundred and twenty nine awards were handed out throughout<br />

the leased business, along with Proud scratchcards with prizes<br />

ranging from £25 food vouchers to £1,500 holiday vouchers.<br />

Achievements<br />

Listed as one of the Sunday Times<br />

Top 25 Big Companies to Work For<br />

Development of a Masters Degree<br />

in Multi-Unit Leadership in partnership<br />

with Leeds Metropolitan University<br />

BIIAB-accredited Level 4 qualification<br />

in Multiple Licensed Premises Mana gement<br />

Launch of an industry-leadin g flexible<br />

benefits packa ge<br />

This year also saw the launch of our flexible benefits package,<br />

which allows team members to choose their own benefits<br />

package from a range of options including pensions, childcare<br />

vouchers and healthcare.<br />

Our field teams were recognised for their success at the<br />

Association of Licensed Multiple Retailers awards, with four<br />

of our Business Relationship Managers (BRMs) nominated for<br />

BRM of the Year.<br />

Our pubs were also recognised at the Great British Pub Awards,<br />

with ten highly commended entries and a further ten receiving<br />

a regional winner award, and with even more pubs picking up<br />

regional and industry awards on an individual basis.<br />

More than 250 of our pubs appear in the CAMRA Good Beer<br />

Guide, with almost 1,000 achieving Cask Marque accreditation,<br />

which clearly demonstrates the importance of cask ale and beer<br />

quality in the estate.<br />

Creating the<br />

best team

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