The pension is fantastic
- Good amount of holidays in the package - The salary is not as competitive as some other top engineering firms
Twenty five days holiday a year. Pension: Rolls-Royce will match the salary percentage that you contribute. Dental benefit as well, but this is not free. Also a flexible range of benefits that can be taken from salary, chosen once a year. Lastly there is share save.
The overall package combined with the salary was very good - perhaps too - good leading to the recent management cull .
Rolls-Royce has always since privatisation had a Good Sharesave incentive available to it's employees, They pay one of the best salaries for this type of work in the west of Scotland,
Gradually being whittled away in all areas. Work-life balance becomes very poor at senior levels.
For those who have been there a long time there was a good pension, however newer employees do not get this and there is poor salary recognition which is affecting retention.
Pension, 26-days holiday, tax free share saving schemes, salary sacrifice car schemes, child care vouchers, edenred discout vouchers for highstreet stores, internal lottery, on site (paid) gym and sports facilities,
Some Good things like discounts available etc. Pension is poor performing and company contributions are being cut back for some staff, particularly younger ones. Most perks seem disproportionately aimed at management levels. Bonus scheme is being standardised across areas but is still linked heavily to overall business performance not within the control of the employee- even more frustrating when none is given. Overtime and salaries vary by site, and are not always logical or equivalent. Additional benefits are available but the salary sacrifice can be more than cost elsewhere.
Annual reward scheme is biased toward business performance and fails to recognise the individual performance. So it becomes de-motivational, driving the inevitable common performance denominator.
List based on reports from current and former employees. It may not be complete.