Co-op Benefits

3.3
127 Ratings

Our Benefits

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.


Which benefits does Co-op provide?

Current and former employees report that Co-op provides the following benefits. It may not be complete.

Insurance, Health & WellnessFinancial & RetirementFamily & ParentingVacation & Time OffPerks & BenefitsProfessional Support

Insurance, Health & Wellness

Critical Illness Cover
Employer Verified
Death in Service
Employer Verified
Health Cash Plan
Employer Verified
Health Insurance
Employer Verified
Income Protection
Employer Verified
Life Insurance
Employer Verified

Financial & Retirement

Pension Plan
3.2
9 Ratings
Employer Verified
3.0
1 Rating
2.0
1 Rating
Performance Bonus
Employer Verified
Save as You Earn
Employer Verified

Family & Parenting

3.9
17 Ratings
Employer Verified
3.4
5 Ratings
Employer Verified
5.0
1 Rating
4.0
1 Rating
Employer Verified
Childcare Vouchers
Employer Verified

Vacation & Time Off

3.9
28 Ratings
Employer Verified
4.0
9 Ratings
Employer Verified
2.7
3 Ratings
Employer Verified
4.0
2 Ratings
Employer Verified
3.0
1 Rating
Employer Verified

Perks & Benefits

3.6
19 Ratings
Employer Verified
3.0
1 Rating
Employer Verified
5.0
1 Rating
Employer Verified
Company Car
Employer Verified
Gym Membership
Employer Verified
Season Ticket Loan
Employer Verified

Professional Support

4.3
3 Ratings
Employer Verified
2.5
2 Ratings
Employer Verified
3.0
1 Rating
Employer Verified
Apprenticeship Programme
Employer Verified

Employee Benefit Reviews

Showing 1–10 of 127 comments

Most Commented

  • Sick Pay(31 comments)

    The sick pay is very good

  • Employee Discount(21 comments)

    Double Discount days were great but not happening often

  • Flexible Working(18 comments)

    Company that helps your growth.

Jul 5, 2021
5.0
Current Employee

Decent package, surprising how much it can save you

Report
Jul 16, 2021
2.0
Former Customer Team Leader in Hastings, England, England, England

Wagestream app to streaming up to 30% of your wages

Report
Jul 8, 2021
3.0
Former Employee

friendly colleagues, not enough staff for store size

Report
Jun 29, 2021
3.0
Former Sales Assistant in London, England, England, England

No benefits but decent pay

Report
Jun 14, 2021
4.0
Current Employee

good staff discount, friendly staff

Report
Jul 10, 2021
1.0
Former Customer Team Member (CTM) in Clare, England, England, England

As far as I could tell from two years working there, the only benefits were that of a small discount, matching a student discount.

Report
May 28, 2021
4.0
Current Employee

20% discount which is great

Report
Apr 22, 2021
5.0
Former Employee

Great well-being support as well as the usual benefits

Report
Apr 5, 2021
5.0
Former Employee

Discounts free food staff parties

Report
May 28, 2021
3.0
Former Employee

was so so to be honest but so stingy

Report
Viewing 1 - 10 of 127 Reviews

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