Page tree



United Kingdom Benefit Plans & Programs



INTRODUCTION

The following table provides you an overall picture of the Benefits Framework under different entities in the United Kingdom (UK). More detailed site specific benefits defined at local will be presented by your Site HR Partner or recruiter.


UK - COUNTRY BENEFIT PLANS & PROGRAMS - APPLICABLE TO ALL SITES

Benefit category

Benefit type

Benefit description

PerquisitesMedical (including dental/optical/ hospitalization/critical illnesses/ etc)Private Medical Insurance - single person.
PerquisitesMedical (including dental/optical/ hospitalization/critical illnesses/ etc)Private Medical Insurance - family cover.
PerquisitesEmployee Assistance Program (psychological /legal support/ tax support/ etc)Assistance and wellness program. 

UK - SITE SPECIFIC BENEFIT PLANS & PROGRAMS

Site

Legal Entity

Benefit category

Benefit type

Benefit description

OldburyWatfordSSUKLRetirementPension / Savings planFinal Salary Pension Scheme, includes death in service cover (4 x salary) and medical early retirement terms. Closed to new employees from 2003.
Oldbury/WatfordSSUKLRetirementPension / Savings planDefined Contribution (DC) Scheme, includes death in service cover (4 x salary) and medical early retirement terms. Open to all new employees.
Oldbury/WatfordSSUKLPerquisitesIncome protectionLong term illness plan/60% salary weeks 29 to 128 of absence. For all employees.
Heanor/WrexhamCytecPerquisitesIncome protection60% form 28 weeks up to 5 years or retirement whichever is sooner.
Heanor/WrexhamCytecRetirementPension / Savings planDefined Contribution (DC) Scheme. Open to all new employees. Open to all new employees.
WrexhamSyensqo InteroxPerquisitesLunch/food allowance/tickets/subsidised cantine/ etcSubsidised canteen for all employees.














Date last updated:  

  • No labels