Monzo

Health Insurance

Employees receive private healthcare cover, which also gives discounted access to gyms and wellbeing apps.

Employee Assistance Program

An Employee Assistance Programme offers 24/7 confidential support.

Mental Health Benefits

Private healthcare includes discounted access to the Headspace and Thrive mental health apps, and Monzo has over 50 trained mental health first aiders.

Fitness Stipend

Discounted gym access is available to employees through Monzo's private healthcare plan.

Wellness Programs

Monzo runs live weekly yoga sessions that employees can join in the London office or remotely, plus men's and women's health education benefits.

Life Insurance

Life insurance pays out four times base salary.

Performance Bonus

Monzo pays an Incentive Award tied to performance, delivered as cash, equity or a mix of both, alongside an annual salary review.

Stock Options

Employees receive share options giving them the right to buy shares in Monzo at a later date.

Commuter Benefits

Employees can take interest-free season travel ticket loans repaid over 10 months, and a cycle to work scheme is available.

401(k) / Retirement Plan

Monzo contributes 4% of base salary to the company pension, with employees contributing 4%.

401(k) Match

Monzo matches additional employee pension contributions above the standard level, up to a maximum of 6%.

Flexible Schedule

Monzo staff work their hours at times that suit them and their team; customer operations roles work set shifts, and one engineering posting says meetings are kept to core hours.

PTO / Vacation

Employees get 26 days' holiday plus bank holidays, or 34 days for those who opt out of bank holidays.

Paid Holidays

Bank holidays are paid on top of the 26-day annual holiday allowance, or can be swapped for extra holiday days instead.

Sabbatical

Monzo grants 8 weeks of paid sabbatical leave after every 5 years of service.

Sick Days

Paid sick leave covers both physical and mental health.

Bereavement Leave

Employees get 10 days of compassionate leave as standard, with grief counselling available.

Company Equipment

Monzo pays for any equipment that distributed (remote) employees need to do their job.

Parental Leave

Primary caregivers get 26 weeks at full pay, 13 weeks at Statutory Maternity Pay and 13 weeks unpaid after 13 weeks' service. Secondary caregivers get 13 weeks at full pay and 39 weeks unpaid.

Fertility Benefits

Monzo offers fertility and family-forming health education benefits plus up to 8 days of paid leave a year for fertility treatment.

Learning & Development Budget

Each employee has a learning budget of £1,000 a year to spend on books, training courses and conferences.

Conference Attendance

Conference attendance can be funded from Monzo's annual employee learning budget.

Book Stipend

Books for professional development can be bought from Monzo's annual employee learning budget.

Defined Career Pathways

Monzo publishes an engineering progression framework that sets out levels and expectations, with roles mapped to levels such as Senior Engineer (L50).

Team Events & Social Budget

Teams get monthly activity budgets, and Monzo adds milestone gifts, company merch, regular socials and an annual company-wide party.

Free Snacks & Drinks

Monzo's offices serve free breakfast and drinks, plus hot lunches twice a week.

Employee Resource Groups

Monzo has diversity-based employee resource groups.