thinking benefits

Joiner Reward Statement for Sue Smith

This is an example of an Orbit JRS. Enclose it with the offer letter to highlight the value of the total package so she joins YOUR company and not a competitor.

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Cash

Annual base salary 55,000
Annual car allowance 7,500
Total 62,500
Plus Annual Incentive Plan - links incentive payments to your contribution towards the success of the Company
Plus Holidays - you are entitled to 25 days paid leave

Company Benefits / Cost to the Company £pa

Pension
Company contributions: 10% x base salary
5,500
Healthcare
Family cover with First Assist
1,235
Life Cover
7 x base salary
261
Income Protection
75% x base salary
532
Critical Illness
1 x base salary
68
Gym membership (optional)
Company pays 50% of costs with choice of 5 gyms
450
Total
8,046
Benefits as % of base salary
14.6%
Total Value of your package
70,546

Voluntary Benefits

Dental
10% off Dental Care costs
Local Discounts
Restaurants, clothes, beauty treatments
Medicals
The option of a no-cost health assessment every 2 years
Season Ticket Loan
Interest-free loan repayable over 10 months
Share Scheme
The opportunity to participate in the Company's long term future through share plans
Travel Discounts
On flights, package holidays and travel insurance

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