Our purpose and strategy
Our purpose is Helping Britain Prosper.
We provide a compelling pay and benefits package, offering flexibility and choice that can help you make your reward package go further.
Our benefits package enables you to choose the benefits that suit you and your individual needs, and then switch them if you want to as your circumstances change.
As a major employer we can access goods and services at highly competitive rates and, in some cases, offer tax and national insurance savings that can increase the value of what you receive. Read on to find out more about what we offer.
We offer a competitive pay package and you may also be eligible to participate in the Group Performance Share plan (bonus) and to be considered for an annual performance-based award.
Our plans are discretionary and non-contractual, and payment is dependent on group, business area and individual performance.
Our flexible working approach means that you can balance your family life or other passions and goals with a fulfilling, successful career. Whether you want flexibility over your location or when you log on, together we can create an approach that works for you and for the business.
We offer a generous holiday allowance to enable you achieve a healthy work/life balance. You’ll be eligible for a minimum of 22 days holiday, rising to 30 days based on length of service and grade.
Bank holidays are in addition to this, and you’ll have the opportunity to buy or sell the equivalent of a week’s holiday through our ‘Flex’ scheme.
From day one you’ll be able to have 52 weeks' leave after your child is born or placed for adoption; six months of that leave is fully paid. Partners can have six weeks of fully paid paternity leave.
Shared parental leave is created when maternity or adoption leave is ended early. If you are an eligible partner you could receive up to 26 weeks' fully paid leave.
We offer a generous pension plan, with all joiners being automatically enrolled in our 'Your Tomorrow' scheme. You can decide how much you save and get a say in where your contributions are invested.
The more you save, the more we'll contribute to your plan, starting with 9% if you pay in 3% of your salary, going all the way up to 15% if you contribute 6% or more.
Our company funded Private Medical Benefit provides all colleagues with access to good quality medical care, including accommodation, nursing care and specialist advice.
You can purchase Private Medical Benefit for your family at competitive prices, as part of Flex. Plus, choose critical illness cover and life insurance through Flex for additional peace of mind and protection.
Share plans align your reward package with the shareholder experience and with the longer-term performance of the Group.
You can choose to participate in Sharematch and receive matching shares of up to £45 a month from the company, and you can choose to participate in Sharesave, our combined savings and share option plan.
We’re passionate about doing the right thing for our customers and providing them with a range of financial products to support all aspects of their life.
When you join us you’ll be eligible to take advantage of these same great financial products, some at a discounted rate, including current accounts, home and car insurance and loans.
Colleague Offers enables you to get discounts on everything from electrical items to cinema tickets and weekly food shopping. You can share this benefit with up to ten family members or friends.
We encourage a culture of wellbeing and inclusivity, and provide a range of health and wellbeing services to meet the diverse needs of our colleagues.
Everything you need to know about how we make flexibility work for our business, our teams and you.
We prioritise personal development, whether that's through professional qualifications, leadership courses or everyday learning.