Performance and Reward

Performance
At Bank of Scotland, we recognise and reward colleagues for acting responsibly by demonstrating our values and behaviours.

Across our branch network and contact centres, colleagues will be recognised for having great customer conversations, giving great customer service and helping to achieve the right customer outcomes. The performance management framework in place supports colleagues in these aims

Reward
To support our performance management approach, we are also committed to providing an overall reward package which offers flexibility and choice. It enables you to choose the benefits that suit you and your individual needs. As a major employer, we are able to access goods and services at highly competitive rates and, in some cases, offer tax and national insurance savings that further enhance the value of what you receive.

Bank of Scotland offers a competitive salary and being part of Lloyds Banking Group, colleagues have access to many other benefits as part of their overall reward package.  These benefits include:

  • Performance based variable pay & Incentive Plans
  • Pension
  • Share Plans
  • ‘Flex’ - cash sum of 4% salary, which can be spent on a range of competitive benefits
  • Private Medical Benefit 
  • Colleague Cars scheme
  • Company Cars scheme - grade dependent
  • Financial Products
  • Colleague Offers
  • Generous Holidays

For more details on these benefits, please click here.

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