Co-op Employee Benefits and Perks | Glassdoor.co.uk

Co-op Benefits

3.1
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89 Ratings

Employer Summary

Working for the Co-op is rewarding in lots of ways. We’re more than a business, giving a helping hand to our members and the communities they live in.

What you do here really counts. And we offer a wide range of financial and other rewards to recognise the part you play in our success. Whether they benefit your finances, your wellbeing, or your family, in or outside work, we want you to know we’re on your side.

Financial

We offer competitive salaries, and many colleagues can participate in our annual incentive scheme, which is based on colleague and company performance. So when Co-op grows, you enjoy the benefits. The amount of bonus you receive depends on your salary band.

We also offer a pension scheme with a total contribution from the Co-op of up to 10%, as well as an interest-free rental deposit scheme, travel season ticket loans, 24-hour access to free money support, and for colleagues who want to save or need help managing debt we have savings and loan products which can be deducted from your pay.

Health

We want you to stay happy and healthy. So you’ll get between 23 and 28 days holiday – increasing by a day each year you’re with us, up to a maximum of 30-32 days. And even better, we offer a cycle to work scheme; 24-hour access to free health and wellbeing support; for those based in Angel Square - discounted membership to a state-of-the-art gym; and free healthcare (depending on your salary band).

Discounts

We offer a 10% discount on Co-op Food, 5% discount on Co-op Electrical online, 25% off home insurance – plus discounts on legal services and funeral plans. You’ll also get access to a perks platform, giving you discounts and offers from well-known brands on things like shopping, travel, eating out, theatre tickets and broadband.

Maternity Leave

Everyone at Co-op gets 52 weeks maternity leave. We also offer enhanced maternity pay, depending on how long you’ve worked for us and your average weekly earnings. If you qualify for this, for the first six weeks of your maternity leave you’ll receive full pay, including any bonuses, followed by six weeks full pay without bonuses. For the next 28 weeks you’ll get statutory maternity pay, or 90% of your full pay, whichever’s the lower amount.



Employee Benefit Reviews

Showing 1–10 of 89 comments

Most Commented

  • 13 Apr 2020
    StarStarStarStarStar Former Finance Business Partner in Manchester, England

    As a contractor benefits are provided - but a wide range is available if full time.

  • 01 Apr 2020
    StarStarStarStarStar Current Customer Service Associate in Oundle, England

    great pension scheme, good amount of discounts and incentives. good amount of holiday paid

  • 08 Apr 2020
    StarStarStarStarStar Current Store Manager in London, England

    10% discount, 5% back on own brand, good holiday entitlement, good sick pay if needed

  • 07 Mar 2020
    StarStarStarStarStar Current Marketing Communications Manager in Manchester, England

    I've seen better benefit offers, but the Co-op balances its employee offer with its responsibilities to, first and foremost, serve communities. Overall the package is very good, the free funeral is certainly a unique offer

  • 06 Nov 2019
    StarStarStarStarStar Former Team Leader in Worcester, England

    Discount on shopping was handy.

  • 05 Nov 2019
    StarStarStarStarStar Former Co-Op in Bristol, England

    more vacation days then normal, also employee discount and profit share was nice.

  • 24 Oct 2019
    StarStarStarStarStar Current Customer Service Assistant in Peacehaven, England

    Staff Discounts are good, but are only the same about an NUS card when applied. Overtime, and Night Rates do not equal a higher pay bracket which doesn't incentivise certain shifts to staff.

  • 05 Oct 2019
    StarStarStarStarStar Former Store Manager in Harrogate, England

    If you were lucky you got £10 per head for a Christmas party, but it couldn't be used in the run up to Christmas as it's too busy and had to be used after Christmas.

  • 05 Sep 2019
    StarStarStarStarStar Former Team Supervisor in Derby, England

    So short staffed that sickness or emergency leave was often not paid, or punished by restriction of overtime etc.

  • 30 Aug 2019
    StarStarStarStarStar Former Customer claims advisor in Manchester, England

    When I worked there we had little to no benefits

Benefits Summary


List based on reports from current and former employees. It may not be complete.

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Insurance, Health & Wellness

  • Critical Illness Cover
  • Income Protection
  • Life Insurance
  • Health Cash Plan
  • Health Insurance
  • Death in Service
  • Vision Insurance
  • Dental Insurance

Financial & Retirement

Family & Parenting

Vacation & Time Off

Perks & Benefits

Professional Support

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