Mission Statement
The GFSC is the regulatory body for the finance sector in the Bailiwick of Guernsey.
The Commission’s mission statement is:
“To regulate and supervise financial services in Guernsey, with integrity and efficiency, and in so doing help to uphold the international reputation of Guernsey as a finance centre.”
Values
These values govern the work undertaken at the Commission.
Integrity
Professionalism
Fairness & Transparency
Responsibility
Responsiveness
Pragmatism
Working together
Developing
Learning, Training & Development
The Commission is highly supportive of the pursuit of relevant training and professional qualifications. We provide both financial and study leave support to encourage our employees to achieve recognition for their professional expertise.
We also undertake annual performance appraisals that identify, through the use of competencies, the training needs of all staff. These training needs are used to draw up training plans which can incorporate many forms of training and development; from internal or external courses, one-to-one coaching, conferences, project work, professional study and divisional workshops, to secondments and management shadowing.
Continuing Professional Development or CPD is also supported and encouraged, with employees attending courses, breakfast / lunchtime seminars, conferences and technical updates, as well as reading widely to maintain their qualification level.
Professional Subscriptions
If deemed of relevance to an individual’s role, we will meet the cost of annual subscriptions to professional bodies.
Pension Scheme
The Commission’s pension scheme is a Defined Contribution Scheme through Generali Worldwide. Employees contribute 5% of gross monthly salary and the Commission will contribute 12% for the employer’s share.
Group Life Insurance
Employees are entitled to be a member of the Commission’s Group Life Scheme from the first day of employment. In the event of a staff member’s death before retirement, subject to a maximum age of 75, then three times salary is provided to beneficiary or beneficiaries in writing by the Employee subject to the Insurer’s medical underwriting procedures.
Private Health Insurance
Employees are entitled to become a member of the Permanent Health Insurance scheme “PHI”, subject to meeting criteria stipulated by the policy. If an Employee is absent from work due to illness for longer than six months then the Commission would be entitled on their behalf to claim against the PHI scheme.
The PHI cover would then normally provide 67% of base salary (less States Insurance Benefit) should their illness prevent them from working on a permanent basis or in the event of a disability preventing them returning to work until their compulsory retirement age.
Dental Insurance
From the first day of your employment, you and your immediate family are entitled to participate in an insurance scheme for private dental treatment. The cost of the scheme will be deducted from your monthly salary. (Inclusion is subject to acceptance by the Insurers.)
Private Medical Insurance
Employees and their immediate family are eligible to join the AXA PPP medical insurance scheme on their first day of employment. This is provided to you free of cost.
Amongst other benefits, this covers doctor/specialist fees, emergency ambulance, A&E and hospital bed costs. (Inclusion is subject to acceptance by the Insurers.)
Employee Wellbeing
From the first day of your employment, you and your immediate family are entitled to access the employee wellbeing service free of charge. The Employee Wellbeing programme offers a confidential helpline, staffed by professionals who can help you deal with any personal problems that you may be experiencing.
Annual Leave
| Director General / Director |
30 days |
| Deputy Director |
28 days |
| Assistant Director |
27 days |
| Senior Analyst |
25 days |
| Analyst/Secretary |
23 days |
| |
|
Flexitime Scheme
The Flexitime Scheme is available for employees up to and including Senior Analyst grade.
You may arrange your hours of work flexibly, not only within the working day, but also within and between periods of 13 weeks, subject to certain conditions.
In addition, you may accumulate additional time worked to take as Flexitime leave. This is a maximum of 3 days per quarter (12 days per annum).
Individual participation is entirely voluntary, but is subject to the approval of your Director / Deputy Director.
Sports and Social Club
Our Sports & Social events and charity fundraisers have included:
- Annual Dinner
- Children’s Christmas Party
- Herm BBQs
- Mufti Days
- Tennerfest
- Various sporting challenges
Contact
E-Mail: hr@gfsc.gg