In our quest to make things better, we never stop looking at how every bit of banking works, including how we reward our people. A key part of this is to ensure that the pay and benefits package we offer rewards excellence, protects health and wellbeing and is always fair and competitive, making sure colleagues are motivated to always deliver the best outcomes for everyone.
We pay our colleagues competitively relative to other UK firms operating in financial services. We make sure pay stays competitive by reviewing salaries on an annual basis.
Rewarding high performance is really important to us at Virgin Money, which is why everyone is eligible to be considered for an annual bonus. We don’t reward inappropriate risk taking because we want to protect our customers, our corporate partners, our shareholders and wider society.
Are you a senior professional concerned about retaining your flexible working arrangements? In selected roles we'll offer you the option to keep that flexibility so that your working hours suit your lifestyle. Working for us at times that work for you is just an example of how we're committed to flexible working.
We want colleagues to love what they do, inside and outside of work. That’s why we have a range of flexible benefits tailored to suit their needs, and those of their family.
We encourage all colleagues to invest in a pension as a tax-efficient way of saving for retirement. It’s a benefit to which Virgin Money double matches your contribution up to a total of 12% of salary, offering a truly market competitive flexible arrangement.
As part of our core offering, all colleagues will receive funded life assurance at 4x salary and Income Protection at 75% of salary. Colleagues can also take advantage of competitive rates on partner life assurance, critical illness cover and partner critical illness cover through salary exchange.
As part of our core offering, all colleagues will receive single private medical cover, with the option to increase the level of cover through salary exchange. Colleagues can also take advantage of competitive rates on dental Insurance, health assessment and partner health assessment.
In addition to the 27 holidays we offer as standard, colleagues can purchase an additional 3 extra days holiday per year. Colleagues can also take advantage of competitive rates on a range of home technology, childcare vouchers and bikes. For those looking to grow a family, we offer extremely competitive parental leave and pay, far above the statutory minimum.
As part of the Virgin family, our colleagues have access to a range of exclusive and special offers from the Virgin Group companies, well known high street brands and much more.
Virgin Money Products
We also give colleagues preferential rates on select Virgin Money products - an offer you will not get anywhere else!