The benefits offered by Ferring Pharmaceuticals

Benefits available to Ferring Pharmaceuticals employees in the UK:

Pension

• Group self-invested personal pension (Sipp) plan. New joiners have the flexibility to make a minimum 3% employee contribution which they can increase over time, if they choose to do so. Employer contribution is dependent on the employee age: 39 and under is 8%; 40 to 49 years is 9%; 50 years and over is 12%.

Group risk

• Group income protection offered as a core benefit, employer paid. Cover is defaulted at 75% of base salary.

Healthcare and wellbeing 

• Private medical insurance, employer paid, with four options of medical cover: single, couple, single paren and family, family.  
• Employee health assessment, employee paid, which includes seven assessment options to choose from depending on the type of checks that the employee feel are most important for them. 
• Health cash plan, employee paid, which provides employees with cashback for healthcare expenses including glasses, contact lenses, dental check-ups and physiotherapy. This can include their spouse or partner, children (up to the age of 18) are automatically covered at no extra cost. 
• Health and wellbeing support app, employer paid. 
• Employee assistance programme, employer paid.
• Dental cover for employees, their partner and/or children, with five levels of cover to choose from. Employees can claim back the cost of various treatments.
• Critical illness insurance offered as a core employer-paid benefit. Cover is set at 75% of the employee’s base salary.

Company car or cash for car option

• All new hires receive a car allowance.

Work/life balance or family-friendly policies

• Building Families at Ferring (BFF) is a global family-building benefits package ito support employees looking to build a family. It includes paid parental leave of up to 26 weeks of equal-paid parental leave for both birthing and non birthing parents; paid time-off and financial support to access fertility treatments, adoption, egg freezing, counselling, and related services; comprehensive support of training, awareness events, and open dialogue to create a family and fertility-friendly workplace. 

Holidays

• Up to 25 working days annual leave rising up to 30 days with service, in addition to the statutory public holidays. 
• Vouchers for long-service awards of between £100 to £250 value.
• In addition, one week’s additional paid leave, on top of the vouchers, for 25-year’s service and two weeks paid leave for 30-years’ of service.
• Up to five days holiday can be purchased or sold by employees.

Incentive pay 

• Bonus plan for sales and non-sales employees.