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

Co-op Benefits

Location: UK
3.1
StarStarStarStarStar
70 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 70 comments

Most Commented

  • Sick Pay  (22 comments)

    “Support is huge when you are sick. They make sure they follow the protocols. If you are sick for long time so you need to get the GP”

  • Flexible Working  (12 comments)

    “Senior staff members were extremely understanding of other commitments if you needed to move shifts around. So long as you worked your contracted...”

  • Employee Discount  (11 comments)

    “10% all the time and double discount on own brand products the two days after payday”

  • 11 Jun 2019
    StarStarStarStarStar Current Employee in Manchester, England

    Excellent holidays, flexibility and other perks

  • 03 Jun 2019
    StarStarStarStarStar Former CTM in Exeter, England

    the discount card is the best thing about the company.

  • 25 Apr 2019
    StarStarStarStarStar Former Employee in Cockermouth, England

    A lot of holiday days

  • 23 Apr 2019
    StarStarStarStarStar Former Strategy Analyst in Manchester, England

    Company perks include Co-op app for discount tickets, health insurance, 401k plan matching etc. Overall it is benefits.

  • 01 May 2019
    StarStarStarStarStar Current CTM in Manchester, England

    You get double discount on pay days.

  • 01 Apr 2019
    StarStarStarStarStar Former Team Leader in London, England

    Very nice people to work with

  • 25 Mar 2019
    StarStarStarStarStar Current Employee in Manchester City Centre, England

    Great pension contributions and retail discounts

  • 25 Mar 2019
    StarStarStarStarStar Current Employee in Doncaster, England

    Low pay for expectations and responsibilities

  • 24 Feb 2019
    StarStarStarStarStar Former Team Leader in Halesowen, England

    Staff discount is poor at 10% and only on Co-op’s own brand.

  • 29 Nov 2018
    StarStarStarStarStar Former CTM in New Mills, England

    25% discount, pension scheme, holidays, pay

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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