The benefits offered by Natwest Group

The benefits offered by Natwest Group (previously RBS Group):

Pension

  • Trust-based defined contribution (DC) pension scheme; employees are awarded 10% of their salary as pension funding.
  • Save More Tomorrow initiative which automatically increases pensions contributions by 1% each year.
  • Defined benefit (DB) pension, closed to new members.

Group risk and protection

  • Disability cover, through the flexible benefits scheme.
  • Life cover, through the flexible benefits scheme.
  • Life assurance for spouse/partner, through the flexible benefits scheme.
  • Critical illness insurance, through the flexible benefits scheme.
  • Personal accident insurance, through the flexible benefits scheme.

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Healthcare and wellbeing

  • Private medical insurance: available as a core benefit for manager level and above, through the flexible benefits scheme for all employees.
  • Dental cover, through the flexible benefits scheme.
  • Health assessment, through the flexible benefits scheme.
  • Virtual GP service.
  • Employee assistance programme.
  • Wellbeing hub.
  • Mental health training for line managers.
  • Wellbeing champions.

Lifestyle

  • Holiday: employees receive a minimum of 25 days holiday, with the availability to buy up to 35 hours a year for full-time employees, through the flexible benefits scheme.
  • Company car for manager level and above.
  • Childcare vouchers.
  • Bikes-for-work scheme.
  • Discounted supermarket vouchers.
  • Payroll giving.
  • Retail discount card.
  • Voluntary benefits platform with retail and leisure discounts.