Compensation & Benefits
Compensation
Salary
Salaries are paid on the 15th of every month - two weeks in arrears, two weeks in advance
Bonus Scheme
If you are entitled to a bonus this will be detailed in your offer of employment.
Relocation
A relocation scheme is in place and may be available depending on the circumstances of the individual and the vacancy applied for.
Benefits
General Dynamics UK operates a Dynamic Benefits Scheme. Within this scheme there are five core benefits and ten voluntary benefits:
Core Benefits
- Holidays (employees must take a minimum of 20 days holiday per annum, but may choose up to a maximum of 40 days with the prior approval of their Director)
- Life Insurance (3 times annual base salary)
- Permanent Health Insurance
- Employee Assistance Programme (LifeWorksTM)
- Motivano (lifestyle package that offers discounted goods and services)
Voluntary Benefits
- Pension Scheme (see below)
- Private Medical Cover (BUPA)
- Health Checks
- Critical Illness Cover
- Personal Accident Cover
- Dental Insurance
- Travel Insurance
- Child Care Account (Savings on child care costs)
- Tax Advice
- Discounted Health Club Membership
Additional Benefit Schemes
Pension Scheme
- The pension scheme is a Money Purchase Scheme.
- Transfers may be possible, and each request is considered on its own merit.
- Employee contributions of 3%, 4% or 5%, the company matches this and adds 1%
- Top Up’s and AVC’s are available
Sharesave Scheme
Minimum of £10 per month, maximum of £250 per month contribution from employee
Give As You Earn
- Allows you to make regular monthly contributions directly from your pay packet, before any tax has been deducted, to a charity of your choice.
- Company pays the administration cost.
Sports & Social Club
We participate in local sporting events such a football and golf and also organise social events, such as Ascot Races, go-kart racing and children's Christmas party.
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