Long reads

These perks can add to your salary

Aoibhinn Mc Bride

Aoibhinn Mc Bride

Content Editor, Jobbio

In the post-pandemic world, perks like on-site meals and snacks, massages, and being able to conduct a team meeting from the comfort of an indoor hammock have lost their value.

According to a new Work Trend Index study, 47% of workers are now more likely to put family and personal life over work than they were before the pandemic. In addition, 53%—particularly parents (55%) and women (56%)—say they’re more likely to prioritise their health and wellbeing over work than before.

Now, benefits that feel more tangible in both a practical and financial sense (and allow for a better quality of life away from the office) are more sought after, and employers are responding accordingly.

Financial wellness

With the cost of living soaring, it has never been more prudent to secure your future financial security. Ensuring your employer has a pension plan with a defined contribution in place is just one way to do so. You also get a tax relief on your contributions, therefore if you add £10, the government will add £2.50, and your employer adds £7.50, and a total of £20 is invested.

Family benefits

Depending on the type of cover an employer provides, health and dental insurance allows employees to access appointments, surgeries, and hospitals, side-stepping lengthy waiting lists in the process. Other family benefits to look out for include illness cover, life insurance, and paid parental leave beyond the statutory entitlement.

Commuter benefits

Thanks to rising fuel costs, the cost of getting to work is also on the rise. However, there are lots of ways company schemes can help you save money on your commute. A commuting loan scheme allows employees to pay for rail, bus, or tram season tickets with a company loan. Repayments are made from the employee’s gross pay. The bike to work scheme, also known as the cycle to work scheme, allows workers to get a new bike that is paid for via a salary sacrifice arrangement.

Remote or hybrid working

Flexibility is now one of the biggest benefits an employer can afford its employees; from saving on commuting costs to giving workers the agency to get their work done on a schedule that suits them. It also saves time—in 2019 the average daily commute was ninety minutes.

Some employers are also offering ‘work from anywhere’ weeks or months where employees can work remotely from anywhere in the world, no questions asked. Meanwhile, reset or duvet days (essentially an unscheduled day off to reset that does not need to be planned in advance, allocated against your annual leave entitlements or counted as a sick day) are gaining traction as an added benefit.

Personal health and development

From on-site gyms to subsidised yoga studio memberships, more employers are investing in the physical and mental wellbeing of their employees. This is paying off for workers in the long run, as the average gym membership in the UK comes in at £40 per month, while yoga studio packages can cost up to £100 per month.

Looking for a company that benefits you? Check out these three great roles or visit the Finextra Job Board today.

Global Tax Research, BNY Mellon, London

BNY Mellon in London is currently seeking a global tax research manager to lead tax strategy, development and enhancement of tax services, tax risk management, client facing tax support, and leverage tax expertise across BNY Mellon’s asset servicing globally. Reporting to the head of tax research, the role also comes with a comprehensive benefits package including medical insurance, health screening, pension, life assurance, an employee assistance programme, a digital wellbeing app, a fitness discount programme, on-site childcare, and a parental buddy programme, to name a few. Apply now here.

Media Designer, eClerx, Hamburg

Based in the eClerx’s Hamburg office, this Media Designer role requires a good knowledge of image editing with Adobe InDesign, Acrobat, Photoshop, and Illustrator. Following a hybrid working model, the successful candidate will have creative freedom to incorporate their own ideas into projects, training opportunities, and international exposure to international customers in the likes of Verona, London, and Phuket. eClerx also provides paid time off, paid holidays, sick leave, and family leave, and also encourages employees to enrich their knowledge via courses, unlimited training modules, speaker series, and conferences. See the full job spec here.

Cloud Engineer Manager, PwC, London

PwC views its engineers as problem solvers who are detail-oriented and collaborate to build scalable solutions to leverage the power of the cloud. Working with the cloud centre of excellence team in London, this Cloud Engineer Manager role requires experience of hands-on implementation on platforms including at least one of Microsoft Azure, Amazon Web Services, or Google Cloud, along with cloud related technology. The company’s benefits package features additional leave, private health, dental, life insurance, hybrid working, and a cycle to work scheme, among others. Find out more.

 For more great roles in tech all across the UK, visit the Finextra Job Board today.

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