The engineering employers who boast the best benefits and bonuses
From welcome bonuses and discounts on travel, find out which graduate engineering recruiters offer the best employee benefits.
A number of engineering companies offer their graduates appealing benefits and cash incentives. We’ve rounded up some of the most tempting.
AKA joining bonus, welcome bonus, welcome package, golden hello, settling-in allowance. Call it what you like, it's a lump sun that a number of key engineering graduate employers offer to students on joining. Others split it into two or more payments when their graduates achieve certain milestones.
The Royal Navy offers a joining bonus of £27,000 to graduates in certain roles. Meanwhile construction consultancy Atkins, an SNC-Lavalin business gives away £5,000 per graduate, split into two payments: half on joining, half on achieving professional qualification, typically three to five years later. Centrica is not far behind at £3,000.
Rolls-Royce, BAE Systems, Jaguar Land Rover and Network Rail all provide a £2,000 joining bonus, while nucleargraduates and Caterpillar offer £1,000. Other employers, including Associated British Foods – Grocery and Mace , also offer a welcome bonus but don't disclose how much it is.
Many employers offer discretionary and performance-related bonuses once in the workplace. They include:
- Dialog Semiconductor
- Johnson Matthey
- Max Fordham
- The Science and Technology Facilities Council
- UK Power Networks
Meanwhile, both Arup and Mott MacDonald highlight that, as employee-owned businesses, staff share a proportion of the organisations' profits and have a say in how the business is run. Other employers, such as Rolls-Royce offer share purchase schemes for staff.
Getting behind the wheel
If you see yourself behind the wheel of a flash car, Bentley offers a car lease scheme to its employees. Ford Motor Company and Jaguar Land Rover offer discounts on car purchases for staff and their family members while Nissan Motor Manufacturing UK offers car lease and purchase schemes.
It's not just automotive manufacturers that offer car-related perks. BAE Systems offers a car lease scheme, for example, while Laing O'Rourke gives its graduates a car allowance.
OK, so the 07:18 to London Paddington doesn’t have the same glamour factor as putting the latest Jaguar through its paces. But a season ticket could set you back thousands of pounds a year, so wouldn’t it be nice if your employer paid for it?
If you take up a graduate job with a transport company, it might do. Transport for London provides free travel on all TfL services for employees and their nominee and 75% off annual travel tickets for travel beyond the TfL network. Network Rail also offers subsidies of up to 75% on rail and underground season tickets.
Some other engineering companies, such as Atkins, DSTL and Mott MacDonald , also offer season ticket loans.
Some employers also offer benefits designed to support you mentally and physically. For example, AECOM , E.ON and National Instruments offer a free employee assistance programme, while Laing O'Rourke provides a 24-hour virtual GP service. Atkins offers access to a health club and leisure discounts, DSTL has fully equipped gyms at all its main sites and Dialog Semiconductor offers on-site back massages.
If your personal development is important for you, nucleargraduates gives its graduates their own personal training budget. Previous graduates have spent this on attending conferences all over the world and on training courses back in the UK. FirstGroup will fund training in project management, coaching and people management, as well as paying professional membership fees.
Finally, if you want to be rewarded for doing your bit for the environment, numerous employers, including Arup , AECOM , DSTL and Siemens , take part in schemes offering discounts on bikes and cycling accessories.