Corporate functions are the essential support functions within an organisation that enable it to operate efficiently and effectively. In the UK, corporate functions typically include the following areas of employment:
Finance: This function manages the financial resources of the organisation, including financial reporting, budgeting, and financial analysis.
Human Resources: This function manages the recruitment, development, and retention of employees within the organization, as well as employee relations and benefits.
Legal: This function provides legal advice and support to the organisation, including contract negotiation, compliance, and risk management.
Information Technology: This function manages the organisation’s technology infrastructure, including hardware, software, and network systems.
Marketing and Communications: This function manages the organisation’s marketing and communication activities, including branding, advertising, public relations, and social media.
Strategy and Business Development: This function is responsible for developing and implementing the organisation’s strategic plans, as well as identifying opportunities for growth and expansion.
Working within corporate functions in the UK can be rewarding for several reasons. Firstly, these functions are crucial to the success of an organisation and offer individuals the opportunity to contribute to the overall performance and growth of the organisation.
Secondly, working in corporate functions can provide individuals with a range of career opportunities and progression paths, with roles available at various levels and across different areas of corporate management. This can enable individuals to develop their skills, knowledge, and expertise within a dynamic and challenging environment.
Lastly, corporate functions tend to offer a stable and secure career path, with opportunities for long-term employment and professional development. Additionally, corporate functions often provide attractive remuneration packages, including competitive salaries, bonuses, and other benefits.