TSB Bank Benefits

3.8
64 Ratings

Our Benefits

On top of a great annual salary and the possibility of flexible working, you will also receive the following:

Flexi Benefits:
It's an extra amount of money we give you, equivalent to 4% of your salary, which you can choose annually to spend on a variety of tax efficient benefits - such as critical illness cover, childcare vouchers, or additional medical cover.

Grade benefits:
These are benefits we give to partners based on their grade, such as car allowance or a company car for grade E+ partners and personal medical insurance for grade D+ partners.

Pension:
We provide you with a defined contribution pension scheme, with employer contributions of between 8-13%.

Leave:
As well as holidays and bank holidays, you may be entitled to additional leave depending on your circumstances.

TSB Award:
This is our discretionary annual award, where all partners receive the same TSB Award as a percentage of their basic salary.

Salary:
Your basic salary is reviewed annually, taking into account market movement and both your performance and TSB's performance.

Which benefits does TSB Bank provide?

Current and former employees report that TSB Bank provides the following benefits. It may not be complete.

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

Insurance, Health & Wellness

Death in Service
4.5
2 Ratings
Employer Verified
3.5
2 Ratings
Employer Verified
3.5
2 Ratings
Employer Verified
4.0
1 Rating
Employer Verified
4.0
1 Rating
Employer Verified

Financial & Retirement

4.0
2 Ratings
Employer Verified
3.0
1 Rating
Employer Verified
4.0
1 Rating
Employer Verified
3.0
1 Rating

Family & Parenting

3.5
6 Ratings
Employer Verified
4.0
2 Ratings
Employer Verified
3.0
1 Rating
Employer Verified
3.0
1 Rating
Work From Home
Employer Verified

Vacation & Time Off

3.8
14 Ratings
Employer Verified
4.5
2 Ratings
Employer Verified
3.0
1 Rating
Employer Verified
3.0
1 Rating
Employer Verified
Volunteer Time Off
Employer Verified

Perks & Benefits

3.0
3 Ratings
Employer Verified
4.0
1 Rating
Employer Verified
4.0
1 Rating
Employer Verified
Car Allowance
Employer Verified
Season Ticket Loan
Employer Verified

Professional Support

3.0
1 Rating
Employer Verified
3.0
1 Rating
Employer Verified
3.0
1 Rating
Employer Verified
3.0
1 Rating
Employer Verified

Employee Benefit Reviews

Showing 1–10 of 64 comments

Most Commented

  • Sick Pay(14 comments)

    6 months full, 6 months half pay after qualifying period

  • Childcare Vouchers(6 comments)

    Good overall for staff at all times

  • Bike to Work Scheme(3 comments)

    Good overall for staff at all times

Feb 7, 2022
4.0
Current Employee

Great ability to select from a wide range of benefits including private health care, dental care, cycle to work scheme, more holiday days plus usually an end of year bonus based on company performance.

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May 27, 2022
3.0
Former Senior Manager in Gloucester, England, England

Overall package is quite good with a blend of basic salary and benefits

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Mar 17, 2022
3.0
Current Manager in London, England, England

Some benefits are chargeable out a benefits package most employees receive. The standard medical insurance cover is low quality without the upgrade, at an extra charge.

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Feb 6, 2022
3.0
Current Employee

Standard benefits are decent. No performance incentivised bonus is a big downside though.

Report

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Jan 22, 2022
4.0
Current Employee

Great pension scheme and matching contributions!

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Jan 7, 2022
4.0
Current Employee

Benefits package incl. pensions contributions are overall very good, however base salary can at times lack behind competitors

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Nov 11, 2021
5.0
Former Employee

Car allowance that can be taken in cash for all managers and above

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Oct 19, 2021
5.0
Current Employee

TSB offer a very comprehensive benefits package to reward and support employees.

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Oct 19, 2021
3.0
Current Senior Manager in London, England, England

Best -Holidays and Flexible options Worst- Bonus

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Sep 25, 2021
4.0
Former Employee

Good perks and annual bonus

Report
Viewing 1 - 10 of 64 Reviews

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