You can earn on average the equivalent of £45,703 per annum... plus lots of other benefits!
Basic Salary
We offer a competitive salary dependant on experience ranging from £22,700 to £42,000.
Total reward package including all benefits is an average £61,000.
Bonus Scheme
The bonus scheme gives you unlimited earning potential and is made up of several elements that are directly influenced by your personal performance.
Free Shares
Free shares based on up to 5% of salary & held in trust for 3 years. After 3 years you can sell the shares or wait an extra 2 years and sell them tax-free. You earn dividends while the shares are in trust.
Sharekicker
There is the opportunity to increase earnings by using all or part of your annual bonus to buy shares. If the shares are kept for three years HBOS will add 50% more shares. This gives you the opportunity to increase the after-tax value of your bonus by 50%. This scheme is reviewed on an annual basis and capped at 20% of basic salary.
Recognition Scheme
Currently a top 100 scheme for best performers. Attracts additional bonus payments and better benefits. Kudos recognises top performers through regional quarterly events and on a national basis 10% of the sales force are invited to an exotic break, past events Monte Carlo, New York, Dubai and Cape Town for 2005.
Sharesave
Opportunity to buy shares on favourable terms for monthly payments of £5-£250, over a 3, 5 or 7 year fixed term. The last option was granted with a 20% reduction on the share price. This scheme is reviewed on an annual basis.
Private Medical Insurance
BUPA cover is provided to all PFAs.
Life Assurance
Free death in service cover gives you 4 x basic salary, plus a pension for your partner.
Money Purchase Pension Scheme
All new colleagues automatically become members of the HBOS Group Money Purchase Scheme when they join the company.
As a member of the scheme you pay contributions into your individual retirement account and HBOS makes additional contributions on your behalf. How much you contribute is up to you, a level 1-4 colleague will begin paying 4% contributions and will benefit from HBOS contributing 6% into your retirement account. You can increase or decrease your contributions at any time.
Full details of the HBOS Group Money Purchase Scheme are available on http://www.hbosgmps.co.uk/
Flex Benefits
Option to purchase additional benefits from a range of leisure, lifestyle and health packages for example the option to buy or sell extra holidays.
Colleague Products
Colleagues can benefit from a range of discounts and preferential rates across a wide range of HBOS products.
Holidays
Get 26 days holiday a year (rising to 29 with service) plus bank holidays.
Learning & Development
We'll provide you with an excellent induction programme and set you up to win. Our ongoing training and development opportunities are excellent.
Optional vehicle scheme
Option to lease a car at very competitive, subsidised rates.
Average Bonus
Over 65% of sales force will earn above on target bonus.
All information provided is guidance only.
