Benefits

Our people work hard and we reward them with a culture of recognition that goes above and beyond contractual basics to offer competitive compensation, flexibility and extraordinary experiences.

Pay icon Pay

The rates of pay we offer are set at a competitive level to ensure we attract and retain the highest calibre of people. We have a performance based pay policy. Employees can progress their pay through the pay range for the grade based on their performance. Every member of staff has a Performance & Development Review (PDR) with their line manager each year and their performance is rated. We review the pay of every employee annually and the performance rating is used to help determine any pay adjustment in their pay range.

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Pension icon Pension

At Oxford University Innovation we operate two generous pension schemes one for Grade A (Administrative roles): and one for all other grades.

Further information will be made available to you once an offer has been made.

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Life Assurance icon Life Assurance

If you die in service and are a member of the Aviva Pension Plan, our scheme will pay three times your annual salary to your beneficiary.

If you die in service and are a member of the OSPS Pension Plan, the scheme will pay three times your annual salary to your beneficiary.

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Paid Holiday icon Paid Holiday

All employees have 27 days holiday plus the eight bank and public holidays.

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Private Medical Insurance icon Private Medical Insurance

Oxford University Innovation values the health and wellbeing of our staff and as such has invested in a Private Medical Insurance Scheme. Once you have successfully completed your probation, you will be eligible to join the scheme.

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Staff Award Scheme icon Staff Award Scheme

Oxford University Innovation wishes to recognise and reward all eligible employees who make a consistent contribution to the performance of the business throughout the year in order to recognise their achievements and to support staff retention.

The award will be paid as a deferred % of salary amount to recognise employee contribution to the business and will only be made to the individuals who fall within the eligibility criteria. Details of the scheme are only made available once you become an employee.

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Recognition Awards icon Recognition Awards

This is a peer nomination scheme which makes awards twice a year. All employees are able to nominate a colleague or team that they believe has made a real difference and gone above and beyond.

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Flexible Working icon Flexible Working

OUI recognises that effective flexible working practices to promote work/life balance can benefit both OUI and our employees. We acknowledge that individuals at all stages of their working lives work best when they are able to achieve an appropriate balance between work and all other aspects of their lives.  We give line managers the discretion to manage flexibility within their teams; this could be ad hoc working from home to flexibility around working hours.

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Childcare Vouchers icon Childcare Vouchers

Our employees are able to use the University of Oxford’s Childcare Voucher scheme, which enables our employees to save on the cost of childcare, Employees agree monthly reductions from their gross pay – saving income tax and National Insurance contributions.

Computershare Childcare Vouchers can be used for registered childcare facilities such as non-University nursery fees, before and after school clubs, holiday play schemes, child-minders, nannies and crèche facilities including swimming pools, gyms and supermarkets.

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Learning & Development Opportunities icon Learning & Development Opportunities

Opportunities for development are abundant with internal seminars, forums for sharing experiences and more formal people related courses in the prestigious Saïd Business School.

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Special Events icon Special Events

Every year we arrange two company staff parties, one during the summer and the other at Christmas.

We also have a team of employees who manage our ‘Ministry of Fun’. This enthusiastic and creative team design a calendar of events (both inside and outside of work) which bring people together socially. Examples have included sporting competitions, OUI Bake Off and raising money for charities close to our employees’ hearts.

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