Pension:
Trust-based defined contribution pension scheme, with the option to make contributions via a salary sacrifice arrangement available via flex
Contribution rates are set at 1%, 3%, 4% or 5%, which are doubled by the employer. Employees can pay more but employer contribution is capped at 10%
A number of legacy trust-based defined benefit schemes that are still open to future accrual
Hyde also offers staff a new individual savings account (Nisa)
Healthcare and wellbeing:
Private medical insurance as core for senior staff with further options available via flex. Offered as a flexible benefit for all other employees
Health cash plan
Health screening
Employee assistance programme
Occupational health
Gym membership
Dental insurance
Group risk:
Income protection
Life assurance
Critical illness insurance
Staff travel:
Company car scheme available as a core benefit for senior staff, with a car salary sacrifice scheme available through flex for all other staff
Season ticket loans for train travel and annual car parking tickets
Bikes for work
Family-friendly benefits:
Flexible working for all staff
Career breaks
Five days’ paid dependants leave
Five days’ paid special leave
Five days’ paid compassionate leave
Members of Employers for Carers, providing support for working carers
Options to add family members to benefits via flex
Childcare vouchers
Holiday:
Minimum of 26, 28 or 30 days dependent on employee grade. Employees are granted an additional day per year of service up to a maximum of 30 days
Employees also receive an additional five days leave in the year of their 10th year of service, and then again five years thereafter
Staff can also buy and sell up to five days holiday through flex
Other:
Employee volunteering
Incentive pay/performance-related pay – pay progression via performance-related pay with annual pay review linked to performance rating
Voluntary benefits such as discount vouchers
Mobile phones
Give as you earn
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