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Monzo employee benefits

Discover the employees benefits and perks available to Monzo employees.

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

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