Remuneration

LCG operates a pay for performance approach; this means that subject to the overall business results, we reward employees for their personal performance. This is achieved primarily through salary (which is reviewed yearly) and our discretionary bonus awards which are paid annually. Individual performance against objectives is the key determinant along with consideration of company performance. We conduct twice yearly reviews to ensure that everyone has visibility of how they are performing. Salaries are benchmarked externally to ensure that we remain competitive and can continue to attract the best talent.

Benefits

Healthcare

We provide a range of healthcare benefits through third party providers. These schemes include areas such as private health care, eye tests, physiotherapy and dental cover.

Life Insurance

All employees are covered by Life Insurance. This entitles your beneficiary to a lump sum equivalent to 4x your basic annual salary.

Travel Insurance

Cover for business and personal travel of up to 120 days per trip.

Group Pension Scheme

LCG offers a Pension scheme through Standard Life plc.

Childcare Voucher Scheme

LCG participates in a government backed childcare voucher scheme. You can reduce the cost of childcare by exchanging part of your salary for the equivalent amount of Childcare Vouchers which can be used to pay your childminder, nursery, play scheme or for out-of-hours clubs. Childcare vouchers are exempt from tax and National Insurance Contributions (NIC)

Cycle at Work

This scheme is a government approved initiative that allows employees to benefit from a long-term loan of a cycle with the option to transfer ownership to the individual at the end of the loan period. The scheme is operated on a salary sacrifice basis providing both tax and national insurance savings.