Career Benefits and Incentives

Company Benefits

Here you will be able to find key information on the benefits and incentives available to employees. 

4pm Fridays

For those lovely Fridays where you are all wrapped up for the week and ready to start your weekend, we offer a 4pm finish on a Friday. Make the most of the weekend!

Holidays

Every employee starts with 25 days holiday, gains their birthday off in addition and has the opportunity to compliment it with extra days through service and rolling over unused annual leave from previous years.

Increasing holiday entitlement with service

Rewarding length of service with additional holiday allowance.

Employees receive 1 extra days’ holiday per year after 3 years of service; up to a maximum total of 28 days per year (or pro-rata equivalent)

ELIGIBILITY 

The holiday year runs from 01 January to 31 December for all employees and the holiday entitlement for each holiday year is set out in each employee’s contract of employment.

There will be a cut-off date of 30 June each year to qualify.

For example:

• If your start date was January to June 2017 you will get an extra day in 2020 (in the year of your 3-year anniversary).

• If your start date was between July and December 2017 you will get an extra day in 2021 (in the year after your 3-year anniversary).

birthday day off

Here you will be able to find key information on the benefits and incentives available to employees.

Let’s face it we all like to celebrate our birthday.  You can take your birthday as an extra day’s holiday within a month of the actual day itself so you can go and have a wonderful day celebrating with your friends, family or just by having a lovely day to yourself.

holiday rollover

Offering you flexibility during years where you may need extra time off.

Each year we will invite you to apply to roll over a maximum of 3 days holiday (or the part time equivalent of number of contracted days per week) to the following year’s holiday allowance (January to December). Applications must be made by 1st November and are subject to approval from your manager. This decision will be communicated back to you by email by 1st December. If approved your holiday will be carried over to the following year on the HR system.

However, there is one rule that applies:

No matter how many days holiday you roll or purchase you cannot exceed a maximum holiday allowance of 30 days (excluding your birthday day off). Please note that the maximum holiday allowance will be adjusted to the part time equivalent for anyone who is not working full time.

ELIGIBILITY

All employees with 12 months service or more.

 

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Xmas Turkey

No scrooges around here! Every year we provide a Very Very Special Copas Turkey for you to enjoy at Christmas with your family.

Health

Helping you keep healthy.

Practicus Healthcare Plan

 

A low-cost way to help you pay for your everyday healthcare. Everyone likes staying healthy, but no one likes to pay for unexpected costs. Practicus will pay for you to have cover on our healthcare plan following a successful probation period. There’s too much in the plan to cover here (you’ll get full details on joining) but the plan will help you pay for expensive dental treatment, optical treatment, physiotherapy, consultations and much more. 

You can claim back expenses from the insurer up to an annual limit.

 

Private Medical Cover

The convenience of faster access to private medical treatment for you and your family.

​​​​​​​It is important that you receive the best possible medical treatment quickly and conveniently – it is also important to Practicus Group that you stay fit and healthy.

As part of the Practicus Group Employee Benefit Scheme all employees can purchase a fully comprehensive private medical insurance scheme at a discounted rate. 

Below is a brief description of the benefits available to you:

£200 excess per person per year

Full outpatient cover

 

Mental Health

• Face to face, email or phone counselling sessions through Stronger Minds service

• Psychiatric treatment as an in-patient or day-patient including specialist fees

• Out-patient fees for psychologists and cognitive behavioural therapists

 

Treatment including Comprehensive Cancer Cover

• In-patient hospital costs including accommodation, tests, surgery, drugs and dressings

• Specialist & anesthetist fees if you have treatment as an in-patient or day-patient

• Radiotherapy and chemotherapy

• Diagnostic tests

• Out-patient CT, MRI and PET scans

• Out-patient surgery

• Ambulance transport

• 24/7 access to healthcare experts by phone or online

ELIGIBILITY

 

All employees can join the Practicus Private Medical Scheme, upon successful completion of the probationary period.

Life Assurance Scheme

Reassurance that your loved ones will be helped financially in the event of your death

Annual Flu Shots

Keeping you healthy and strong throughout the winter.

In office “flu shot clinics” are arranged each year ahead of the winter snap to help protect you against the flu. There is no cost to you for the flu clinics. Where you are unable to attend or there is no local clinic available, we welcome you to purchase a flu shot externally and claim back via expenses.

 

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CYCLE TO WORK

A tax efficient way of sourcing a bicycle, promoting healthier journeys to work and reducing environmental pollution.

The Cycle to Work scheme provides the opportunity to pay for a bike through payroll deductions from gross pay, resulting in Tax and National Insurance savings.

Pensions

Here you will be able to find key information on the pension scheme and additional relevant schemes available to employees.

Workplace pension scheme

A market-leading pension plan designed to help you plan for financial security when you retire. The importance of saving for retirement has never been so high on people’s agenda. This has been fueled by news coverage of the changing demographics of our population, reducing state benefits and recent legislation designed to simplify pensions. 

The Practicus Pension Scheme is a fully flexible, tax-efficient investment plan that helps you save to provide a pension income for your retirement. Contributions from both you and the Company are paid into a fund which is then invested with the aim of growing the fund that can be used to provide an income when you stop working. 

ELIGIBILITY

 

For the first time, employers must enroll their workers into a workplace pension scheme that meets or exceeds certain legal standards. This is called ‘automatic enrolment’. The new law means that, as of April 2015, Practicus automatically had to enroll employees into a workplace pension scheme if they:

• Are aged between 22 and State Pension age

• Earn more than £10,000 a year

• Work in the UK

You can opt out of the pension if you choose. Practicus has a 3-month postponement period – from this date, you will be assessed each month by the pension provider, Scottish Widows, as to your eligibility into the pension. If you are eligible, you will be required to pay 5% into the pension and Practicus will pay 3%, in line with the existing Practicus Group Personal Pension; however, you may choose to pay more into your pension at any time if you wish (See Salary Sacrificing into Pension for more details) 

Pension salary sacrifice scheme

A method whereby your personal pension contributions could potentially be made in a more tax efficient way.

Each year we will invite you to enter the Practicus Salary Sacrifice Scheme. Invitations will be sent in February taking effect on 6th April (start of the tax year). This agreement will continue until you let us know otherwise.

Notice of withdrawal from the scheme can be given in February each year to take effect on 6th April.

This contract will allow you to sacrifice some of your basic salary into your pension fund from a minimum of 5% of your basic salary up to the maximum amount of £40k per annum (and providing the salary does not fall below the minimum wage). This will be a fixed amount each month for the duration of the 12-month contract and will be paid into your pension from your gross salary (pre-tax).

On top of this potentially being tax efficient for you, Practicus will also voluntarily top up the pension contribution with the 13.8% Employer NI Savings (or the current rate if this changes) we make from reducing your basic salary.

Should you utilise Salary Sacrifice, your contract of employment will be altered to reflect the fact that you will receive a lower salary. We will however retain a note of your ‘Notional Salary’ (i.e. the annual salary before Salary Exchange) for use in references, employee benefits etc.

Please note that if you choose to join this scheme it will be incorporated into the Practicus Qualifying Workplace Pension Scheme and any contract will replace the standard contributions made within this existing Pension Scheme.

Pension rules are ever changing, and we highly recommend you investigate any impact of any contributions made.

You can find further information at: 

 https://www.gov.uk/tax-on-your-private-pension/annual-allowance

https://www.pensionwise.gov.uk/en.

This scheme can be withdrawn by the company at any time.

Easter Eggs

We love an Easter Eggstravaganza! Every year we provide an Easter Egg for all your children (up to the age of 16)  

Maternity + Paternity

Here you will be able to find key information on the maternity and paternity benefits.

Enhanced Maternity Pay

At Practicus we are pleased to offer an Enhanced Maternity Pay scheme from Statutory Maternity Pay.

Enhanced Paternity Pay

At Practicus we are pleased to offer an Enhanced Paternity Pay scheme from Statutory Paternity Pay.

Reduced hours leading up to Maternity Leave

Helping you to stay rested ahead of your big arrival.

In the 4 weeks leading up to the date you leave the business to go on Maternity Leave (this date starts from when you leave the business including any holiday you may use immediately leading up to your formal Maternity Leave date) we reduce your hours to 10am-4pm every day to help you get the rest that you need.

Free Annual Flu Shots

Keeping you healthy and strong throughout the winter.

In office “flu shot clinics” are arranged each year ahead of the winter snap to help protect you against the flu. There is no cost to you for the flu clinics. Where you are unable to attend or there is no local clinic available, we welcome you to purchase a flu shot externally and claim back via expenses.

Making a difference to local communities

Here you will be able to find key information on the benefits and incentives available to employees.

Practicus Volunteering Scheme

Volunteering is a great way to give something back to the local community and a charity that you are passionate about.

Practicus are offering all staff the chance to volunteer for a Charity of their choice. You can take two days each year one between January – June and one from July–December. At the end of each day all we ask is that you provide a short synopsis of your experience coupled with a photo which will be displayed in your office.

ELIGIBILITY

All employees can join the Practicus Volunteering Scheme, upon successful completion of the probationary period.

Charity Sponsorship

Supporting you when giving back.

We love that so many of our employees choose to support charities they have a passion for and past achievements have included completing the Three Peaks Challenge, taking part in Triathlons and Marathons and competing in boxing matches.

We therefore commit to you that if you are taking part in any activity for charity we will sponsor you up to the value of £50 per year.

Little extras

Here you will be able to find key information on the benefits and incentives available to employees.

4pm fridays

Get that Friday feeling!

For those lovely Fridays where you are all wrapped up for the week and ready to start your weekend, we offer a 4pm finish on a Friday. Go hit the gym, the pub or your bed – we don’t mind – just have fun!

So get paid for a normal day but leave at 4.00 p.m. 😊

christmas turkeys

Every year we provide a Very Very Special Copas Turkey for you to enjoy at Christmas with your family.

Easter Eggs

We love an Easter Eggstravaganza! Every year we provide an Easter Egg for all your children (up to the age of 16)  

Get in touch!

If you’re interested in joining, we’d love you to get in touch. Just drop us a message below and attach your CV. 

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Philly Wallin

HR Business Partner