my|deposits, provider of tenancy deposit protection (TDP) in England and Wales, has been presented with a nationally recognised award.

my|deposits was awarded the Investors in People Standard for staff development and training, and joins more than 21,000 ambitious organisations in the UK that are recognised against the Investors in People framework.

The Investors in People Standard, which involves successfully meeting core evidence requirements that assess all aspects of the workplace, is awarded to well-run organisations that demonstrate good management practice and have a high emphasis on best practice people management and development.

Eddie Hooker, Chief Executive Officer at my|deposits, which has some 70 plus employees, said:

“my|deposits was founded on a belief that investing in staff pays dividends in terms of sales, customer service and financial results, so we’re delighted to receive the Investors in People Standard. 

“This award demonstrates the commitment we have to our staff and is testament to the fact that our values permeate right through to every level of the organisation.”

Research shows that organisations of any type and size that adopt a comprehensive approach to people development perform better than those without. Companies that have achieved the Investors in People Standard also have higher levels of trust, co-operation and commitment than their competitors.

John Telfer, Managing Director of Inspiring Business Performance Ltd (IBP), the organisation that delivers Investors in People for London and the South of England, said:

“This award is a celebration of both management and staff learning from each other and collaborating together to create an efficient and enjoyable working environment. I look forward to hearing about further success and award recognition from my|deposits in the future.”

ENDS

For further information, please contact:

Sam Haidar

Senior Press Officer

my|deposits

E: sam.haidar@mydeposits.co.uk

T: 020 7840 8925

M: 07508 031 084

NOTES TO EDITORS:

About my|deposits:

1. my|deposits is the trading name of Tenancy Deposit Solutions Limited, a company jointly owned by the National Landlords Association and HFIS plc T/A Hamilton Fraser Insurance (the Scheme Administrator) to deliver an insurance-backed tenancy deposit protection scheme under contract from Communities & Local Government.
2. my|deposits aims to support landlords and agents to comply with the legislation and provide everyone with the confidence that deposit money is held securely for the duration of the tenancy.
   1.  Landlords and letting agents wishing to use this scheme are required to register with the Scheme Administrator. They can find out more and register by visiting www.mydeposits.co.uk.
   2. Registered members of the Scheme are able to protect and unprotect deposits at the beginning and end of tenancies. Fees are tax-deductible.
   3. In the event of a dispute at the end of the tenancy agreement, both parties are offered access to alternative dispute resolution (ADR). This procedure will be evidence-based, relying on documentation and records.
   4. Tenancy Deposit Protection (TDP) was introduced in April 2007 by the Housing Act 2004 as part of a package of measures to raise standards in the private rented sector.

“The Investors in People accreditation has been awarded to Hamilton Fraser Insurance incorporating my/desposits.”

About Investors in People

• The Investors in People Standard provides a practical framework for improving business performance and competitiveness through good practice in people management.

• An organisation that has achieved the Standard has been successful in adopting and maintaining its three fundamental principles: Plan - developing strategies to improve the performance of the organisation, from business goals to leadership strategies; Do - implementing those strategies, taking action to improve the performance of the organisation; Review - evaluating and adjusting those strategies, measuring their impact on the performance of the organisation.

For more information on Investors in People visit http://www.inspiringbusinessperformance.co.uk/iip-south/

Inspiring Business Performance (IBP) enables organisations to build success and competitive advantage through the alignment of their people with the business direction and objectives. IBP helps businesses develop a more motivated and productive workforce, inspired to perform and achieve.

Through providing consultancy and a range of innovative products and solutions from the strategic to the tactical, we help our clients to create working environments where employees want to contribute and succeed, and businesses that customers want to engage with. IBP will work with you to address challenges, find solutions and implement improvements to reach your business goals.

Working with organisations from all sectors and sizes, our clients range from small businesses to multinationals.

With a solid track record of successfully helping organisations achieve accreditations, such as Investors in People and Lexcel, IBP now offers a range of practical solutions for business.