Benefits
Holiday Entitlements
Holiday Entitlement is calculated on a pro rata basis, based on length of
service:
- 2.08 days per completed month up to 2 years' service (maximum 25 days)
- 2.17 days per completed month from 2 to 5 years' service (maximum 26 days)
- 2.25 days per completed month from 5 to 10 years' service (maximum 27
days)
- 2.58 days per completed month after 10 years' service (maximum 31 days)
Training & Development
The Society encourages your work-related skills and experience through on the
job training and where appropriate, study for an approved qualification. On
average, the Society spends approximately £970 on each employee's personal
development.
Stakeholder Pension Scheme
Employees are eligible to join the Stakeholder Pension Plan, on the first of
the month after joining the Society. . After 6 months, the Society contributes a percentage of employee Gross Monetary Earnings in to the scheme based on the level of employees contributions.
Life Assurance
All employees are entitled to Life Assurance. This is 3 times salary whilst in the pension scheme waiting period and 4 times salary once contributing to the Society Stakeholder Pension Scheme.
Private Medical Insurance
The Society's Private Health Insurance is subsidised at 50% after the completion of 2 years continuous service and is 100% subsidised after 5 years continuous service, subject to the scheme rules.
Staff Mortgage
After 6 months service the Society offers all staff members a fixed interest rate mortgage. This benefit entitles staff to borrow £75,000 at a rate of 3.5%.
Staff Saver
This account is available exclusively to staff offering a great interest rate of 6.00% gross/AER variable + 1.75% Staff Bonus per annum and an additional bonus of 0.25 % per annum if you make regular contributions and miss no more than 2 payments per annum.
Childcare Vouchers
In conjunction with Leapfrog, the Society offers childcare vouchers to parents, offering a tax and National Insurance contribution saving to the employee. These can be used at one of Leapfrog's countrywide purpose built day nurseries, or as payment for other registered childminders, nannies, nurseries etc.
WBBS Social Club
The WBBS Social Club organises and offers a range of social events and
activities at a discounted rate, to its members. This includes theatre trips,
concert tickets, shopping trips, sporting events and much more.
Employee Support Helpline
The Society offers an Employee Support Helpline, which provides advice,
information and counselling services for employees and their families. The line
is free of charge, 24 hours a day, 365 days a year and 100% confidential.
Discounted Travel Cards
West Midlands Travel and Centro cards, covering Bus, Metro and Rail travel in
a wide range of geographical areas are available to employees at a discounted
rate. In addition, the Society offers interest free loans to pay for the card
over 6, 10 or 12 monthly instalments directly through the Payroll.
Eye Care Benefits Scheme
The Society covers the cost of employee eye tests and is registered in a
Corporate Eyecare Scheme, which offers comprehensive savings on eye
examinations, spectacles and contact lenses to all employees and their families.
Alternative Therapies
Alternative Therapies including remedial massage, aromatherapy, reflexology and Indian head massage are available at a reduced rate to all Society staff.
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