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.
Site-specific summary of Benefits UK - COUNTRY BENEFIT PLANS & PROGRAMS - APPLICABLE TO ALL SITES Benefit category Benefit type Benefit description Perquisites Medical (including dental/optical/ hospitalization/critical illnesses/ etc) Private Medical Insurance - single person. Perquisites Medical (including dental/optical/ hospitalization/critical illnesses/ etc) Private Medical Insurance - family cover. Perquisites Employee 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 OldburyWatford SSUKL Retirement Pension / Savings plan Final Salary Pension Scheme, includes death in service cover (4 x salary) and medical early retirement terms. Closed to new employees from 2003. Oldbury/Watford SSUKL Retirement Pension / Savings plan Defined Contribution (DC) Scheme, includes death in service cover (4 x salary) and medical early retirement terms. Open to all new employees. Oldbury/Watford SSUKL Perquisites Income protection Long term illness plan/60% salary weeks 29 to 128 of absence. For all employees. Heanor/Wrexham Cytec Perquisites Income protection 60% form 28 weeks up to 5 years or retirement whichever is sooner. Heanor/Wrexham Cytec Retirement Pension / Savings plan Defined Contribution (DC) Scheme. Open to all new employees. Open to all new employees. Wrexham Syensqo Interox Perquisites Lunch/food allowance/tickets/subsidised cantine/ etc Subsidised canteen for all employees.
Date last updated: 04 Sept 2024