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.
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.
Tynan Barton is a business journalist and has been writing in the employee benefits and HR field for over 15 years. She joined Employee Benefits in 2010 as reporter, and has been features editor since 2011.View full profile
