Benefits

Hi Everyone, I am undertaking a survey to gather information on what benefits are offered in the financial services industry.  I'd like to understand the level of benefits offered for example,

  • What does your company contribute to employees pension?
  • if PMI is offered is this open to employees plus their spouses and dependents?
  • If group life insurance is offered is this capped at a max. salary or is it 1, 2 or 3 times annual salary for example, is EAP offered or any other benefits. 

I would be delighted to hear from those of you who work in the financial industry, and would be grateful if you could give me an idea in what sort of company (i.e. investment bank or retail bank). 

Thanks v much for you help everybody and i look forward to hearing from you.

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Replies

  • Hi Joanne,

    I worked for RBS Insurance part of the RBS group for a number of years. The benefits package they had was very comprehensive and flexible.

    They changed the pension arrangements before I left but it was a contributory pension and you could choose between a 2%, 5%, 9% contribution.

    PMI was an option yes but you essentially got a kitty part of your salary that you could then redeem against benefits such as child care vouchers, electrical products, dentist fees, PMI which could include spouse and dependents etc. There were lots of options

    Not sure about the group life details sorry 

    Hope this helps 

    Mike

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