Selected Benefits – 1st year/ongoing
|Benefit||Yearly rate (£)|
|Defined Benefit pension||15.8% of Salary|
|Defined Contribution pension||6.2% of Salary|
|Undefined pension||11% of Salary|
|Life Insurance||salary x 00.00366|
|Income Protection||salary x 00.00627|
|Private Medical Insurance||£790|
|Critical Illness Insurance||£164|
|Childcare Vouchers with a salary, ￡35,000 & under||£920|
|Childcare Vouchers with a salary, ￡35,001 – 150,000||£610|
|Childcare Vouchers with a salary, ￡150,001+||£590|
|Interest-Free Travel Loan||£180|
Note: All calculations and total figures are taken from national averages, except income protection and life insurance rates which are based on Unum representative sample.
- Calculations for both Defined Benefit and Defined Contribution pensions reflect weighted average contributions rates to private sector occupational pension schemes per the noice for National Statistics’ Occupational Pension Schemes Survey 2010 (OPSS)
- Calculation for undefined pension is the median value of those for Defined Benefit and Defined Contribution, reflecting weighted average contributions rates to private sector occupational pension schemes per the noice for National Statistics’ Occupational Pension Schemes Survey 2010 (OPSS)
- Calculations for both Life Insurance and Income Protection reflect average premium costs per £ covered salary based on a sample of Unum schemes
- Private Medical Insurance average cost reflects calculations of subscription income per Subscriber to company paid schemes available in 2009 from the Laing & Buisson Health & Care Cover UK Market Report 2010
- Dental Insurance uses the average cost for mid-range cover from statistics available in January 2009
- Optician Costs uses the average cost for an eyesight test from statistics available from 2004-05
- Health Screening uses the average cost from statistics available in May 2009
- Critical Illness Insurance uses the market average of cost per head as at end 2010 from Swiss Re Groupwatch Report 2011
- Childcare Voucher claims are only valid up until 1 September after a child’s 15th birthday
- Car Allowance uses the average daily commute distance travelled and recommended fuel allowance per mile from statistics available for 2011/12
- Interest Free Travel Loan uses the national average annual season ticket and typical personal loan rate of 18% from (typical high street bank rate from January 2011)
- Gym membership uses the national average annual membership fee from data as at January 2011
- No personal data entered will be stored or used by either Unum or Facebook.
1. Enter your yearly salary and average bonus. Don’t worry, we’ll hide this as soon as you’ve entered it, but you can still go back and edit it.
2. Click the toggle to YES for any of the benefits you receive from the list below. If you know their value, fill this in, if not we’ll use the national average (more details here)
3. Then just click PERKULATE at the bottom and we’ll calculate what your total package of salary and benefits is worth.