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We are proud to share that we have become one of the first organisations in the UK to join forces with the Living Wage Foundation and sign up as a Living Pension Employer to help address the problem of inadequate pension saving. This reflects our Group’s commitment to being a leading employer and its focus on helping to close the retirement savings gap. The Living Pension is a voluntary savings target for employers who want to help workers build up a pension pot that will provide enough income to meet basic everyday needs in retirement. Employers signing up to the Living Pension Standard agree to contribute at least £1,448, or 7% of a Living Wage workers salary each year. Phoenix Group fully supports the objectives of the Living Pension Standard. We contribute 10% to our employees’ pensions with an additional 2% matching element through our main pension scheme, and a default employee contribution for new joiners of 2%.
It takes great people to make great things happen. We're incredibly proud that our colleagues have rated us with four stars here on Glassdoor. We continue to learn from feedback and we read and respond to every single review. Here are some snippets that we just had to share!
We believe that hybrid working gives you more choices about how you do the right work, in the right place, at the right time. We know that hybrid working can depend on your role, team and your life outside of work and we're here to support colleagues in finding the right balance that enables you to achieve incredible things. With over 100 roles advertised as hybrid opportunities, we can't wait to see how you'll make your mark at Phoenix.
Want to get the inside scoop about #LifeAtPhoenix? Ask our colleagues a question and find out. https://www.thephoenixgroup.com/careers/talk-to-us
We're really proud of the benefits we offer and recently added some new ones to our offering! - Annual bonus - 38 days annual leave (flexibility to work a bank holiday and take it off somewhere else as well as buy or sell up to one week of holiday) - Generous pension - 12x salary life assurance - Private medical cover for all colleagues, including fertility support (e.g IVF) and menopause support - 52 weeks maternity leave and 26 weeks paternity leave - Take a career break of up to 12 months after 2 years' service - 10 paid days of carers leave - Group income protection of 50% of your salary - Share schemes - Flexible benefits including discounts, financial coaching, critical illness cover, cycle to work schemes We continually review our offering and so some may be subject to change, eligibility criteria, require an employee contribution or be prorated if you join us on a part-time basis. Please note that some benefits differ for colleagues based in Ireland. Full terms can be found in your employment contract should you choose to join us!
Yesterday evening we won an award at the Women in Finance Summit & Awards for The Outstanding Diversity Network of the Year! This year's winner focused on embedding mental health initiatives in the workplace, and more importantly, into leadership culture. A great result, team!
A superb evening at the MoneyAge awards. Very proud to have won both the #Diversity and Ethical Financial Services Provider of the Year awards. The Diversity award recognised our successful strides forward in the diversity of our recruitment and talent progression across the organisation. The Ethical Financial Services Provider of the Year celebrated our work across 3 key areas: 1️⃣ Our own #NetZero target as a business, in our buildings and our supply chain. 2️⃣ Our work to use our corporate investment power for good. 3️⃣ Our work across our pension funds to enable our clients to use their savings to help solve the climate crisis. Also a big congratulations to Standard Life UK who picked up Pension Provider of the Year. Way to go, team!
We're excited to reveal that our consumer brand, Standard Life UK, will be the new headline sponsor for Cancer Research UK (CRUK) Race for Life starting in 2023! We care about people’s futures, and through this sponsorship, we will help our local communities, colleagues and customers join the movement to help beat cancer sooner.
Following #WorldSuicidePreventionDay, our colleague-run mental health network Mind Matters, hosted a Q&A with Katie Piper and their Executive sponsor, Quentin Zentner. Katie is a best-selling international author, inspirational speaker, TV presenter and charity campaigner, and has done so much to support the wider communities and society around her. We’re so proud to support incredible conversations like this, helping to make Phoenix the best place our colleagues have ever worked. Let’s keep talking about #MentalHealth 👏
We've made two key appointments to our Executive Committee. Brid Meaney is promoted to Heritage CEO, following the news that Andy Moss, Life Companies CEO and Heritage Group Director, is to retire after 18 years at the company. We've also created a new role of Chief Transformation Officer where Jackie Noakes will lead and enhance our change capability, driving and overseeing the Group’s change projects. These two appointments increase the female ratio on our Executive Committee to more than 42%.
