Barclays Employee Benefits 2024
Barclays Employee Benefits – Barclays plc is a British multinational investment bank and financial services company, based in London, England.
Established in the City of London in 1690, the firm offers investment banking into personal banking, corporate banking, wealth management, and investment management.
Specializing in investment banking, Barclays has appointed more than 83,500 skilled professionals to grow their business continuously.
Barclays cares about the health, well-being, and financial wellness of its employees offering attractive Barclays Employee Benefits packages.
From compensation and benefits to wellness and Barclay’s employee discounts, Barclays Benefits aims to support employees’ commitment to the job as well as your priorities and interests outside of work.
Below is a breakdown of the benefits packages offered by Barclays.
What Career Benefits and Perks, Barclays offers?
Specializing in investment banking, Barclays has appointed more than 83,500 skilled professionals to grow their business continuously and they want to be successful in their professional and personal lives.
So, Barclays is offering several attractive and comprehensive variety of programs and resources to support the life journey of the professionals helping them to reach their full potential.
Focusing on five global diversity agendas: Disability, Gender, LGBT, Multicultural, and Multigenerational, the firm supports colleagues in their life and work through wellbeing initiatives, dynamic working, and networking groups.
Continue reading to learn what employee benefits and discounts at Barclays you can enjoy?
Rewards and benefits
Barclays offers a rewards package that can tailor to employees’ needs. Starting with a competitive salary, pension/retirement fund, and discretionary annual bonus, then add benefits such as private healthcare, share plans, a childcare voucher scheme, and many other options. Barclay’s associate has plenty of challenges and opportunities and a chance to develop both professionally and personally.
Health
Employee’s well-being is important to Barclays, so the company offers a range of health and wellbeing benefits including discounted rates at gyms and health clubs, health screening, private health insurance, and employee assistance programs. Eligibility for these benefits depends on employee job locations and serving area.
Holidays
Barclays offer a competitive holiday allowance, depending on where you work and how long you’ve been working for Barclays.
Discounts
Barclays colleagues can enjoy discounts on a wide range of products and services, from theatre tickets to cars. In some locations, colleagues can also get access to Barclays products and services on preferential terms.
Share plans
Barclays colleague can participate in the company’s success by buying shares, and the firm gives up to £600 worth of matching shares. In the UK, Barclays Sharesave plan means colleagues can buy Barclays shares at up to 20% discount at the end of a three to five-year savings period.
Flexible working
Barclay’s dynamic working program has been set up to help Barclays colleagues achieve optimal work/life balance with initiatives support colleagues at all stages of their lives, helping them with parenthood, caring, further studies, and hobbies.` Arrangements offer range from working at home and changing regular hours to taking career breaks.
Volunteering and fundraising
Barclays actively encourage colleagues to give their time, money, and skills to work that brings positive social and business results, so the firm support their volunteering and fundraising efforts helping them to achieve their ambitions.
Learning and development
Barclays give colleagues plenty of opportunities to learn and move their careers forward. The firm offers structured career progression plans, job rotations, and international work placements and also opportunities to work on international assignments to gain professional qualifications.
Employee Assistance Program (EAP)
Barclays Employee Assistance Program provides short-term counseling for a variety of life events and everyday challenges including Work Stress, Family and Parenting Issues, Grief or Bereavement, Anxiety or Depression, and Communicating Effectively.
Recognition
Barclays offers a number of programs that recognize associates for their commitment and success, backing their involvement in local communities as well as their work at Barclays.
Job sharing
Barclay supports job-sharing arrangements where possible. A job-sharing arrangement usually involves employing two people part-time to cover one full-time role in helping employees to balance their working lives and personal circumstances, such as parents and carers.
Adoption and Surrogacy Assistance Program
The adoption and Surrogacy Assistance Program provides some financial assistance toward expenses incurred in the attempt to either adopt a minor child/children or have a child/ children through surrogacy.
Barclays pays 100% of eligible expenses related to the adoption of a minor child/ children or the attempts to have a child /children through surrogacy
Eligibility for coverage begins on your first day of employment.
Support for families and carers
Barclay is committed to ensuring that Barclays is an inclusive workplace, where everyone feels encouraged, valued, and respected. As part of this commitment, the firm offers extensive support for families, parents, and carers in line with local practices and requirements, to ensure that colleagues can balance their professional and personal lives.
Barclays employee discounts 2024
Here are some of the specific discounts that Barclays employees can take advantage of:
- 20% off flights with American Airlines
- 15% off home goods at Target
- 50% off movies at AMC Theaters
- 25% off concerts at Live Nation
- 10% off sporting events at Ticketmaster
- 15% off hotels with Marriott
- 10% off car rentals with Hertz
- 25% off clothing at The Gap
- 20% off electronics at Best Buy
Final words
So, if you are thinking to build up a career at Barclays, make sure to read all Barclay Employee Benefits, Perks, and Discounts offered by the financial firm.
Hopefully, you like the available information on Barclay Employee Benefits.
If you have any questions or queries related to employee benefits at Barclay? Drop them into the below comment section. Thank you!
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FAQs for Barclays Employee Benefits and Perks
What health insurance does Barclays offer?
Barclays Capital offers four medical choices—two types of Preferred Provider Organization plans, one Exclusive Provider Organization plan and a Kaiser HMO plan for California residents only.
Is Barclays a good bank to work for?
79% of employees would advise working at Barclays to a friend.
What is the average salary at Barclays?
Salaries at Barclays can vary from an average of $66,496 to $182,975 a year. And it changes at different levels.
How do I find out more about Barclays employee benefits?
Barclays employee benefits can be found on its website. A benefits calculator allows you to estimate costs associated with their benefits plans. Furthermore, you can contact Barclays benefits department for further guidance.
What happens if I change jobs or leave Barclays?
Changing jobs or leaving Barclays may allow you to extend your benefits through COBRA continuation coverage for an agreed-upon period, so contact their benefits department for more details about your options.
How do I enroll in Barclays employee benefits?
Barclays employee benefits can be enrolled for during new hire orientation or open enrollment, which takes place annually.
What if I have questions about my Barclays employee benefits?
Feel free to reach out if you have questions about your Barclays employee benefits. The benefits department can assist with answering questions regarding them or helping make adjustments to your plan if needed.
How do I make changes to my Barclays employee benefits?
Barclays employee benefits are easily customizable at any time – either online, over the phone, or through regular mail.
What are the eligibility requirements for Barclays employee benefits?
Barclays employee benefits eligibility requirements vary based on the type of benefit, with health insurance usually only being made available to full-time employees who have worked at Barclays for at least 30 days.
How much does Barclays employee benefit cost?
Barclays employee benefits vary in cost based on the type and employee eligibility; for instance, health insurance premiums are taken directly from their paychecks.
Why should I consider working for Barclays?
Barclays is a leading global financial services firm with an exemplary commitment to its employees, offering competitive pay and benefits packages and opportunities for professional development and advancement. Barclays also provides an ideal workplace for employees looking for supportive peer collaboration.