Siemens Benefits
Employer Summary
We have a fantastic flexible benefits scheme called MyChoice, which allows employees to select a range of flexible benefits from Private Medical Insurance to Dental Insurance, gym memberships to childcare vouchers and financial eduation to Cycle2Work schemes. You can also use our flexible benefits portal to select your pension contributions.
We're also offering every employee the chance to own a part of Siemens. Thanks to our Share Plans, over 165,000 Siemens employees - almost half of our workforce - hold company shares. And by 2020, we want to increase this number to over 200,000. Also, we'll give you one addityional share for every three shares you own - at no extra cost! Even if you don't invest in Siemens shares, you can still profit from our success through our unique Siemens Profit Sharing programme.
Employee Benefit Reviews
Most Commented
- Flexible Working (4 comments)
“All requests considered within a transparent set of criteria, including new recruits without the need for a minimum period of service”
- Work From Home (3 comments)
“General flexibility is good. Often too much variation between teams and managers on acceptable levels of flexibility.”
- Siemens02 Sep 2018StarStarStarStarStar
Good package that includes stock options, as well as a good pension and optional benefits such as health.
- Siemens20 Jun 2018StarStarStarStarStar
You do get time severed additional holidays, 1 day at 5 years and 2 extra at 10 years.
- Siemens06 Jun 2018StarStarStarStarStar
Good holidays and pension scheme
- Siemens26 May 2018StarStarStarStarStar
Generous vacation - ~25 days for low-level employees
- Siemens08 May 2018StarStarStarStarStar
Excellent place of work, we are going through a significant restructuring at present but the direction is clear. The benefits package overall is good.
- Siemens06 Jan 2018StarStarStarStarStar
I wasn't actively involved in the benefits package but the management is very concerned about Employees Wellbeing so I was totally aware of the benefits I could get involved with
- Siemens01 Jan 2018StarStarStarStarStar
Good amount offtime off (26 days) and flexible working arrangement (work from home).
- Siemens07 Dec 2017StarStarStarStarStar
Pension is employer matched up to 10%
- Siemens01 Nov 2017StarStarStarStarStar
Shared Parental Pay that is topped up to full pay is a great benefit. The option for a new father to have 12 weeks off on full pay is amazing.
- Siemens02 Nov 2017StarStarStarStarStar
Flexible benefits scheme giving employees a wide range of benefit options to choose from with cost effective tax advantages. Options under the Flex Ben scheme are pensions, healthcare cover, dental cover, discounts, etc.
Benefits Summary
List based on reports from current and former employees. It may not be complete.
Insurance, Health & Wellness
- Critical Illness Cover
- Income Protection
- Tick markLife Insurance (26)
- Tick markHealth Cash Plan (21)
- Health Insurance
- Death in Service
- Vision Insurance
- Dental Insurance
Financial & Retirement
- Pension Plan
- SIPP
- Corporate ISA
- Save as You Earn
- Share Incentive Plan
- Performance Bonus
- Stock Options
Family & Parenting
- Tick markChildcare Vouchers (26)
- Tick markWork From Home (22)
- Tick markFlexible Working (25)
- Tick markMaternity & Paternity Leave (13)
- Dependent Care
- Military Leave
- Family Medical Leave
- Unpaid Extended Leave
Vacation & Time Off
- Tick markSick Pay (28)
- Tick markAnnual Leave (13)
- Sabbatical
- Volunteer Time Off
- Bereavement Leave
Perks & Benefits
- Bike to Work Scheme
- Tick markEmployee Discount (13)
- Commuter Checks & Assistance
- Season Ticket Loan
- Gym Membership
- Car Allowance
- Free Lunch or Snacks
- Company Car
Professional Support
- Tick markDiversity Program (10)
- Tick markApprenticeship Programme (10)
- Tick markJob Training (11)
- Professional Development
Work at Siemens? Share Your Experiences
Siemens Response
seconds ago
Edit • Delete