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
Showing 1–10 of 56 comments
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.”
- Siemens20 May 2019StarStarStarStarStar
Benefits are great, just like any large conglomerate.
- Siemens29 Mar 2019StarStarStarStarStar
Lots of flexible benefits which work as a salary sacrifice scheme. 26 days basic holiday which increase with service, flexible working (home working and part- time). Opportunity to buy and sell holidays per year, fantastic pension scheme which is matched up to 10%.
- Siemens18 Mar 2019StarStarStarStarStar
Best: company matches pension. Also the ‘My Deals’ offering discounts on Siemens kitchen appliances, and Bosch equipment
- Siemens01 Feb 2019StarStarStarStarStar
Very good pension, able to flex all your options and buy into other benefits at very reasonable cost eg healthcare, cycle to work, travel insurance, buy/sell holiday.
- Siemens14 Jan 2019StarStarStarStarStar
A very good package of benifits with health cover being supplied by BUPA. Taking holidays in the summer is frowned upon as that is the main time for site work.
- Siemens22 Jan 2019StarStarStarStarStar
Benefits are structured to be tax and NI efficient through "salary sacrifice". Good matching of pension contributions for lower and mid ranking staff with up to 10% matched. Good list of selectable benefits at preferential rates with choices usually made once a year. Able to buy or sell up to 5 days holiday a year. Good death in service cover
- Siemens22 Dec 2018StarStarStarStarStar
Siemens has a comprehensive benefits package that covers all the bases. They provide the options to extend many of these benefits to suit your needs or to opt out if they are not required
- Siemens17 Dec 2018StarStarStarStarStar
Great benefits; flexible working, pension contributions and the Perks at work is great for discounts.
- Siemens05 Dec 2018StarStarStarStarStar
The company offers a varied and flexible benefits scheme allowing you to specify the aspects important to you. You can also invest back in to the company with a shares scheme.
- Siemens02 Sep 2018StarStarStarStarStar
Good package that includes stock options, as well as a good pension and optional benefits such as health.
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
- Tick markLife Insurance (31)
- Tick markHealth Cash Plan (26)
- 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 (31)
- Tick markWork From Home (28)
- Tick markFlexible Working (31)
- Tick markMaternity & Paternity Leave (18)
- Dependent Care
- Military Leave
- Family Medical Leave
- Unpaid Extended Leave
Vacation & Time Off
- Tick markSick Pay (34)
- Tick markAnnual Leave (18)
- Sabbatical
- Volunteer Time Off
- Bereavement Leave
Perks & Benefits
- Bike to Work Scheme
- Tick markEmployee Discount (17)
- Commuter Checks & Assistance
- Season Ticket Loan
- Gym Membership
- Car Allowance
- Free Lunch or Snacks
- Company Car
Professional Support
- Tick markDiversity Program (14)
- Tick markApprenticeship Programme (15)
- Tick markJob Training (15)
- Professional Development
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