After reviewing the benefits tnat it offers to staff, B&Q offers the following package for its workforce.
Pension
Money purchase pension scheme (contributory) available to all staff
Employer contributions range from 2% to 14% and employee contributions range from 1% to over 8%.
Health and wellbeing
Group life cover worth four-times salary for pension scheme members and one-time salary for non-scheme members.
Ill-health early retirement cover option offered as part of the pension scheme.
Health cash plan available to all staff.
Private medical insurance for store support office grades.
Holiday
6 weeks and 6 days holiday including bank holidays, with an extra week’s holiday awarded for long service.
Workplace savings
Kingfisher annual sharesave three- and five-year schemes in which staff can save between £5 and £500 per month.
Kingfisher share incentive plan in which staff can save between £10 and £125 per month.
Voluntary benefits
In-store employee discounts.
Employer-negotiated discounts with other retailers.
Other benefits
Payroll giving.
Monthly bonuses for store-based staff of up to 10% of salary.
Annual bonus for management and store support office grades.