Your rewards (UK)
Your financial wellness
Benefits to help you with your financial planning – now and in the future.
- Bonus and recognition
At the heart of our bonus philosophy is the principle that as our business does well, so do you.
Performance bonus
We are committed to recognising your contributions to Osborne Clarke and our bonus scheme is a key element in our approach to reward. We believe that bonuses are a great direct and personal way to recognise your performance and the positive impact you have on the firm. All of our fee- earners and business support staff are eligible for bonus nominations.
We recognise our top talent through our long-term incentive plan (LTIP). The LTIP is a high bonus and, if you're awarded one, it will be paid to you in instalments over three years.
Profit share
When we hit our annual financial targets, you will be rewarded through our profit share scheme. The objective of the scheme is to encourage you to contribute towards our collective success through teamwork and a one-firm approach.
Recognition awards
We also operate a non-cash recognition award scheme. It is designed to recognise exceptional effort, contribution or performance in a very timely fashion when you have gone ‘the extra mile’.
Long-service rewards
In recognition of your commitment to the firm, we award long-service rewards on 10 years, 15 years, 20 years, 25 years, 30 years, 35 years, 40 years and 50 years continuous service anniversaries.
- Financial awareness
Money coaching
We want financial planning and advice to be easily accessible for all of our people. We’ve partnered with Octopus Money and you will have access to a free 1:1 money coach session. You will also have the option to pay to sign up for a 12-month money planning programme.
Workplace ISAs
To help you create a savings habit, we offer a range of workplace ISAs through Cushon. You'll be able to contribute to savings or investments directly from your pay.
- Life assurance
This core benefit provides your family with financial support should the worst happen.
If you die while working for us your life assurance will pay out a one-off tax free lump sum that is four times your salary, at no cost to you. If you want to, you will be able to reduce your cover or pay towards a higher level of cover. If you choose to reduce your life assurance cover, you will receive some cash back into your salary.Life assurance for your spouse/partner
For an additional cost, you will be able to add life assurance for your spouse or partner. This provides a tax-free cash lump sum in the event of your spouse or partner’s death while you are working at Osborne Clarke.
- Pension
We want you to look forward to a secure retirement. You will be able to choose how much you contribute to your pension and how your money is invested. The more you contribute, the more we will contribute (up to a maximum of 8%). Contributions start at 3% of your basic salary, with a 5% employer contribution from us.
- Will writing
A large part of our lives is spent working to provide for ourselves, and our family. But we should also think about what will happen after we are gone. You will have access to preferential rates with a firm that specialises in will writing.
Your health and wellbeing
Benefits that focus on your physical, mental and emotional health.
- Healthcare
Cancer screening
You'll have access to reduced rates for cancer screening for you and your spouse/partner. This includes online questionnaires, easy-to-use advanced home-testing kits, personalised programmes, hospital appointments and referrals.
Critical illness
This is a specialised insurance that provides a lump sum payment should you suffer from certain specific critical conditions. We will automatically provide you with cover of a £10k lump-sum tax-free payment.
You can choose to pay for additional cover for yourself. You can also pay to add cover for your spouse/partner.
Dental
You will have the option of taking out private dental cover for you, your spouse/partner and/or dependants. This benefit offers you preferential rates with three levels of cover to choose from.
Eye tests
We will pay for you to have an eye examination every two years. If your optician recommends that you need glasses solely for PC use, we will contribute up to £49 to meet the cost.
Health assessments
You and your partner/spouse will have access to reduced corporate rates for health assessments through Nuffield.
The health assessment programme helps you maintain your health by identifying risk factors and suggesting changes to your lifestyle. It provides you with a detailed picture of how healthy you are and enables you to take control of your health and lifestyle for the future.
Virtual GP
Virtual GP gives you access to a doctor any time of the day, on any day of the week. If appropriate, you can be issued a private prescription and/or a GP referral through the service. We provide cover for both you and your family.
- Income protection
Our income protection means that you’ll continue to receive a proportion of your salary in the event of an illness or injury that prevents you from working for a prolonged period. The premium is paid for by us and is not a taxable benefit.
- Private medical insurance
Our private medical insurance plan allows you to receive treatment for a wide range of acute medical conditions at a time and place convenient to you. It is offered on a medical history disregarded basis and is LGBTQ+ inclusive.
All employees are entitled to company-funded single cover (treated as a taxable benefit).
You can choose to increase cover to one of the following options:
- Couple
- Family
- Single parent
- Mental wellbeing
Employee assistance programme
We all experience challenges that affect our wellbeing, whether it’s a personal matter or something that’s happening at work. We understand the importance of having information at your fingertips or someone to talk to when you need it. We have an independent employee assistance programme (EAP) that gives you and your family anonymous access to support all day every day.
HelloSelf
Through our partnership with HelloSelf, you will be able to book a confidential session with a trained therapist free of charge. The therapist will be matched to your needs and you can use the sessions to talk about whatever you would like to, whether it's personal or work.
Your lifestyle
Benefits that help you enjoy life in and out of work.
- Annual leave
This benefit gives you the option to buy or sell holiday to fit with your plans for the next year. You can buy or sell up to a maximum of one working week – that’s five days if you work full time, or pro rata if you work part time.
- Personal travel insurance
You'll have the option to take out personal travel insurance for you, your spouse/partner and/or dependants. This benefit offers you peace of mind while you’re away, by giving you comprehensive insurance cover for personal travel.
You can choose insurance for worldwide or European travel. Both include winter sports cover.
- Give as you earn
We work with Hands On Payroll Giving, a professional fundraising organisation that helps promote and manage payroll giving. You will be able to make regular, tax-free donations to a charity of your choice. The donations will deducted from your salary before tax, which means more money goes to your charity.
- Discounts
My Gym Discounts
This benefit provides you with access to reduced membership rates for over 3,600 gyms, health clubs, leisure centres and more.
Retail, Fuel & Leisure
Through our partnership with Boostworks, you'll get discount on a wide variety of retail outlets as well as activities, days out, dining and fuel.
ThermaFY
ThermaFY can help you find the most cost-effective ways to save money on your energy bills and transition to a more energy-efficient home. You'll get a discount on their bespoke home efficiency surveys.
- Getting around
Cycle to work
If you would like to cycle to work, we can offer you a bicycle through the government’s cycle-to-work scheme. The scheme will save you up to 42% off retail prices (depending on your tax bracket) and you can request a loan of up to £5,000.
Car leasing scheme
Thinking of a new car? You can be the driver of a new ultra low emission car via a leasing arrangement in exchange for a reduction in salary. The scheme will save you money on your tax and national insurance and is a taxable benefit.
Season ticket loans
To help you manage the expense , you will be able to get a loan for season tickets for travel or car parking. You'll repay the loan through your payroll over a 6 to 12 month period, based on what suits you.
Family-friendly policies
Caring for family or taking family leave are significant moments in your personal and professional life. We are committed to investing in and supporting you through such journeys.
- Parental leave
Maternity and adoption leave
We offer an enhanced maternity and adoption leave package. You will receive full pay for 26 weeks if you have at least one year’s continuous employment with us at your expected week of childbirth. We offer paid leave if you are pursuing a programme of IVF treatment.
Paternity leave
You will receive two weeks’ paternity leave at full pay if you have at least one year’s continuous employment with us at your expected week of childbirth.
Shared parental leave
We offer an enhanced shared parental leave (ShPL) package. We offer up to 26 weeks’ full pay if you have at least one year’s continuous employment with us at the expected week of childbirth.
- Compassionate leave
You will receive paid leave if you experience an unexpected family situation or bereavement. This includes paid time off following the loss of a pregnancy.
- Family caring
We are committed to helping you manage caring responsibilities. We are a member of Carers UK’s Employers for Carers network. This means that you will have complimentary access to resources and support for carers, which includes emotional and practical support in preparing for managing your day-to-day life as a working parent or carer.
Carers leave
If you have long term caring responsibilities, you will be entitled to a week of paid carer's leave. The leave is flexible and can be taken in one continuous block or as individual days, or half days.
- Parental coaching
If you are planning to take family leave, we provide coaching before, during and after your leave. This is designed to help prepare you for your leave and your return and re-integration back into work, as well as supporting your career development by identifying the right actions and support you need. The coaching is face to face with an external coach who will help you make plans for your leave.
- Fertility, reproductive & sexual health support
You will have unlimited access to Fertifa, the leading reproductive healthcare provider in the UK. The service offers everyone personalised guidance and support for their fertility and sexual health, regardless of gender.
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