BENEFITS AT MSD

 

Our employees are the key to our company's success. We demonstrate our commitment to our employees by offering a competitive and valuable rewards programme.

MSD offers its employees the opportunity to construct the make-up of their benefits package through myLife - myChoice, the MSD Flexible Benefits plan.

myLife - myChoice flexible benefits plan gives employees the mix of benefits to suit their lifestyles. myLife - myChoice, offers a consistent, comprehensive and competitive benefits package. Whatever benefits an employee chooses, he/she has the freedom to select those that are most important to them.

The wide range of benefits offered is designed to suit different interests and lifestyles and we have negotiated competitive rates with our providers. This means that many of the benefits are available for less than market rates, saving employees money. Many of the benefits result in a saving in income tax, National Insurance, or both.

In particular, MSD is committed to improving the health and well-being of its employees. That's why the plan includes the MSD Healthcare Scheme for you paid for by MSD and health screening as an option.

Full details on how the myLife - myChoice Flexible Benefits Plan works are provided to successful candidates on starting with the Company.

The benefit choices available are as follows*:

Saving and security benefits

  • Life Assurance (employee)
  • Life Assurance (partner)
  • Critical Illness Insurance
  • Personal Accident Insurance
  • Personal Travel Insurance

Well-being benefits

  • Private Medical Insurance
  • Dental Insurance
  • Health Screening (employee and/or partner)

Lifestyle benefits

  • Childcare Vouchers
  • Retail Vouchers
  • Holiday Buy and Sell
  • Cycle to Work Scheme
  • Charitable Giving

MSD also operates a competitive pension plan which is administered outside of myLife - myChoice.

*All of these benefits are subject to certain restrictions and certain benefits are subject to a maximum and minimum level of cover. Full details of the myLife - myChoice scheme would be included in the plan brochure.