Pension
Whatever your age, we want to help you plan and save for your future. The Group Personal Pension Plan (GPP) is one of the key benefits offered to you on joining the Firm. It aims to provide financial security for you and your family on your retirement.
We want to help you plan and save for your future, the Group Personal Pension Plan (GPPP) operates on a defined contribution basis, otherwise known as a money purchase scheme, with our current provider Royal London. This means that contributions are invested in a policy in your name. You can choose to exchange 4% or more of your pensionable salary into the plan which will be matched, up to a maximum of 8%, by the Firm. Contributions are paid via salary sacrifice which provides both tax and National Insurance savings to you.
Tech & Home Purchasing Scheme
This scheme allows you to buy the latest tech & home furnishings and save up to 12% (dependent on whether you’re a basic or higher rate taxpayer) whilst spreading the cost over 12 months. Operating through Currys & IKEA you’ll have access to choose from over 5,000 products including laptops, smartphones, cameras, kitchen appliances and home furnishings up to £2,000 (and with a minimum spend of £100).
The scheme is operated through salary sacrifice and you pay nothing upfront, you simply repay the cost interest free straight from your salary.
Childcare Deposit Loan
We want to support working parents and following the completion of your probation period, you’ll have the option to apply for an interest free childcare deposit loan of up to £750.
The loan can be used for the purchase of up-front childcare fees e.g. nursery deposits, before & after school clubs or holiday clubs with repayments made over 12 months. Full terms and conditions can be found in the Childcare Deposit Loan policy.
Perks at Work
You’ll also have access to Perks at Work which is a shopping platform that allows you to save money at retailers online and in-store. Whether you are buying food, updating your wardrobe or planning a trip, there are exclusive savings or WOWPoints available on almost all brands.
WOWPoints are an online currency that you can earn when doing your shopping via Perks at Work. Every WOWPoint you earn is worth 1p, so 100 WOWPoints = £1.
Will Writing & LPA Service
If you’re looking to plan for the future, Red Apple Law can assist you in writing a Will and setting up a Lasting Power of Attorney, which will enable someone you trust to make decisions on your behalf when you may be unable to.
They can also assist with Living Wills, which can be used to inform medical professionals of your wishes regarding treatment if you are in a position that you can’t express them yourself.
In addition, with all these services, you can have access to free storage and registration of all documents, as well as support with other related services. The services are delivered via an online, telephone, or video approach. You’ll benefit from our corporate rate and will pay back the cost back via payroll deductions over 12 months.
Group Income Protection
Income protection provides protection if you are absent from work due to ill health or injury for a period of six months or more. Please note there is no automatic entitlement to this benefit and any entitlement will be subject to satisfying the insurer’s requirements.
Life Assurance
The Group Life Assurance Scheme provides insurance for a lump sum death in service benefit equivalent to four times pensionable salary for Pension Scheme members and four times basic salary for all other employees.
Bonus Schemes
We want to recognise and share in our Firm’s achievements so dependent on your role and grade you may be eligible for our variable pay, group profit or group staff bonus schemes.
Travel Loan
Following the completion of your probation period, you’ll have the option to apply for an interest free travel loan, up to a maximum of £5,000, to purchase an annual season travel ticket for bus, underground or train. Full terms and conditions can be found in the Travel Loan Policy.
Electric & Hybrid Car Scheme
The electric & hybrid car scheme gives you access to an affordable way to drive an electric or hybrid vehicle. If you choose this benefit, you’ll have access to a brand new, fully maintained and insured car for an affordable, fixed monthly amount. You can choose the make, model and specification from a number of manufacturers. The scheme also includes replacement tyres, breakdown cover and accident support.
Operated through Tusker, they’re always on hand to help with a 24/7 driver support line if needed.
Company Car / Car Allowance
Dependent on your grade and role you may be entitled to a company car or car allowance. Please see your contract of employment for specific details.
Rental Deposit Loan
You’ll have the opportunity to apply for an interest free rental deposit loan of up to £5,000 to help pay a tenancy deposit. Repayments will then be deducted in monthly installments over 12 months. Full terms and conditions can be found in the Rental Deposit Loan policy.
Cycle to Work Scheme
The Cycle to Work scheme allows you to purchase a bike (including eBikes) and accessories and pay back over 18-months without paying tax or NI on the monthly payments.
You can choose between bike only, accessories only or bike and accessories packages. You can spend up to 1/16th of your annual salary on the hire of the bike and appropriate safety equipment.