Strong family values, openness and a clear commitment to staff development have earned M&Co a reputation as one of the best companies to work for in the UK.
To make it on to The Sunday Times’ list of the 30 Best Big Companies to Work For in the UK is a big deal. The survey asks staff at more than 300 businesses to rate their employer across several categories, including leadership, team working, well-being and its willingness to give something back to society. All details submitted by employees are completely confidential and sent directly to The Sunday Times Best Companies website. The top-rated employers – among them industry leaders such as McDonald’s, Halfords, Admiral and EE – invest heavily in staff development.
Only one fashion retailer made it on to the list this year: M&Co. Born out of the McGeoch family’s chain of pawnbroking showrooms, which were converted into clothing stores in the late 1960s, today M&Co has more than 270 UK stores and concessions, another 20 internationally, an operations support centre on the outskirts of Glasgow and a London buying office. The survey was sent to its 3,000-plus-strong workforce, who gave it a 72% positive score overall. As a result, it is now ranked the 14th best big company to work for in the UK – not just in retail, but across all industries.
M&Co chief executive Andy McGeoch says the business carries the values instilled in it by his father, Iain, who is still involved as a non-executive director – namely being “extremely hard-working”, “honest” and “caring about people as well as being commercial”.
He argues that M&Co is a good size – neither too small nor a huge corporate entity where workers become just a number: “You can make a difference here – you’re not just swallowed up in a big machine.”