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Old 18-10-19, 09:06 AM   #4
keith_d
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Join Date: Feb 2009
Location: Ruislip
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Default Re: Employment terms contracts?

I'm with a big company so this may not be relevant for your situation. But from memory my terms are something like:

Sick pay: 3 months full pay, 3 months half pay, then SSP and a review with HR on whether you're going to be fit to return to work.

Holidays: Starts at 20 days + public holidays and increases 1 day/year to a maximum of 25 days.

Pension: My employer matches employee's pension contributions up to 6% of salary. This increases to something like 8% as you get closer to pension age. My employer also covers most of the costs of running the pension scheme.

Benefits: We now have a flexible benefits system where we can select things like health cover, life insurance, cycle to work scheme, etc. These all reduce the base salary but have tax advantages. This scheme is bought in from a specialist supplier who does all the administration and IMO is only suitable for large employers.

Notice period: During probationary period, none. Thereafter 4 weeks. For senior roles this increases by 1 week/year to a maximum of 12 weeks. In practice this is usually waived unless you are going to work with a direct competitor and 1 month is the norm.

From a small employer I wouldn't much more than statutory minimum in all these areas.
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