Benefits and perks at Monzo
Learn about the 12 benefits and perks Monzo offers its employees.
Life insurance
Life insurance from Unum
Share options
The option to buy shares in Monzo at a later date
Wellness benefits
Discounted subscription to the meditation app Headspace (£15 a year)
Flexible working hours
We trust you to work enough hours to do your job well, at times that suit you and your team
Home office budget
If you’re employed as a distributed worker, we’ll pay for any equipment you need to do your job
Healthcare benefits
Paid sick leave for both physical & mental health, health insurance via AXA, and additional health insurance through Medicash
Employee assistance program (EAP)
Our Employee Assistance Programme offers a 24/7 confidential advice line for health, legal & bereavement support (and loads more)
Learning and development budget
Learning budget of £1,000 a year for books, training courses and conferences, regular knowledge-sharing sessions with your squad, collective and discipline, and a library of industry-related books that you can borrow at any time.
Paid parental leave
Paid maternity, paternity, adoption or shared parental leave, if you’ve been with us for at least 13 weeks. 52 weeks of primary caregiver leave (13 weeks at 100% pay, 13 weeks at 50% pay, 13 weeks at Statutory Maternity Pay) and 6 weeks of secondary caregiver leave at 100% pay
Company events
Regular company-wide socials, like sports day and a Holiday party, smaller team lunches, dinners, breakfasts & other social get-togethers, and interest-based clubs like netball, choir, yoga. You can make your own, too! Attendance is 100% optional - if you just don’t fancy it, there’s no pressure
Retirement benefits
We’ll automatically enrol you into our pension scheme with Aviva. We offer a 4% employer contribution (Monzo pays you 100% of your salary, then 4% extra into the pension). You’ll need to pay 4% too, and you can opt to pay more for the tax benefits! You can opt out if you’d prefer not to have a pension at all
Generous vacation
24 days’ holiday a year, plus bank holidays - please use them all! Or, you can opt out of bank holidays and take 32 days’ holiday whenever you like (Customer Operations staff get 32 days and are scheduled to work bank holidays, but can still request annual leave if you’d like) + an extra 1 month’s unpaid leave every year
United Kingdom only
