My country:

My Bangor Benefits year in review

Take a look at some example case studies to see how different individuals benefit from their total reward experience here at the University.

(Figures are estimates and subject to variation for individuals depending on pay rates and more)

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Ash

Total annual saving of:  £4457.88

Name: Ash

Annual Salary: £51799

Employer Annual Pension Contribution to USS of 21.6% : £11188.58

Annual Leave above statutory 28 days (value of 14 days extra leave): £2782.

  • receives salary sacrifice on their own pension contribution, on their N.I, saving £443.88 per annum.
  • contributes £10,800 from their annual salary towards Tir Na Nog Nursery fees, via salary sacrifice they actually pay less and save £3456 per annum.
  • makes use of the My Advantages Staff Discount scheme and saved:-
  • 3% on their monthly Asda Shop of £200 a month saving £72 over 12 months.
  • purchases a costa coffee card every month worth £140, saving 7.5%, giving a total saving of £126 over 12 months.
  • makes use of the University’s free Employee Assistance Programme, accessing 6 free counselling sessions, saving £360
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Awel

Total annual savings: £628.68

Name: Awel

Annual Salary: £20,092

Employer Annual Pension Contribution to BUPAS of 23.5%: £4721.62

Annual Leave above statutory 28 days (gross value of 14 days extra leave) £1078.94

receives 10 additional paid days off for public duties , gross value £770.67

  • receives salary sacrifice on their own pension contribution on their N.I, saving £223.08
  • Purchases her bus ticket through the Arriva travel to work scheme and saves £280 per annum on usual ticket costs.
  • makes use of the My Advantages Staff Discount scheme and saved:-
    • 3% on their monthly Asda Shop of £120 saving £43.20 over 12 months.
    • purchased £300 worth of new clothes from ASOS , saving £16.50
    • purchased tickets to watch their favourite artist in concert for £100, via Ticket Master, saving £4.50
    • purchased tickets to the cinema for 2 adult, 2 children once a month, saving £59.40 over the year
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Llew

Total annual savings: £992.24

Name: Llew

Annual Salary: £29,614

Employer Annual Pension Contribution to BUPAS of 23.5% :  £6959.29

Annual Leave: above statutory 28 days (value of 14 days extra leave): £1590

Sick Pay: needed 8 weeks off work due to Illness. Additional sick pay above statutory sick pay received during this absence equated to £3773.76

  • receives salary sacrifice on his own pension contribution on his N.I; saving £341.16 per annum
  • obtained a bike worth £1000, through the cycle to work salary sacrifice Scheme ,  saving £320.08 on Tax and N.I payments.
  • makes use of the My Advantages Staff Discount scheme and saved:
    • 3% on their monthly Asda Shop of £300 saving £108 over 12 months.
    • purchased a TV in Currys worth £1,200 saving £72 and a Dishwasher worth £319, Saving £19
  • is a member of the Brailsford Gym, Paying staff membership rates, saving £132 over the year.
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Ah Lam

Total Annual Savings £1343.52

Name: Ah Lam

Annual Salary: £40927

Employer Annual Pension Contribution: £8635.59

Annual Leave above statutory 28 days (value of 14 days extra leave, gross): £2197

Ah Lam took a period of 6 months maternity leave.  Additional gross pay above statutory maternity pay received during this absence equated to £8735.64

  • receives salary sacrifice on their own pension contribution ,  on their N.I,  saving £471.48
  • purchased 10 additional days leave, costing £1569.62, through the Buying annual leave salary sacrifice Scheme ,  but saved £432.54 on this price, through reduced tax and NI deductions. 
  • makes use of the My Advantages Staff Discount scheme and saved:
    • 3% on their monthly Tesco Shop of £500 saving £180 over 12 months.
    • purchased a Sofa in Argos worth £500 saving £20 , a holiday cottage rental worth £500, Saving £50, furniture from Wayfair worth £500 saving £27.50
    • purchased AXA Health Care Plan for 12 months, saving £162 on annual cost.