Benefits
The First Citizens Group ensures that its staff members are properly remunerated through an extensive suite of allowances and benefits that directly and positively affect employees’ quality of life.
Profit-sharing Program
Employees gain direct financial benefits from their contribution to the Group’s profit through a defined profit-sharing program.
Employee Share Ownership Plan (ESOP)
This is a stock allocation plan where each employee shares directly in the ownership of the organization. This is completed through the purchase of stocks via a tax-free percentage of the end of year profit-sharing bonus. Employees receive dividends from their stocks and the ESOP serves as a secondary retirement fund.
Vacation Savings Program
Employees’ vacation savings fund is boosted by an added monetary contribution from the organization, increasing vacation possibilities and amplifying enjoyment.
Staff Loans and Credit Cards
Employees enjoy preferential terms for loans and credit cards.
Health and Well Being
Employees’ health and wellness is a priority. Affordable health insurance options, such as medical, dental and vision coverage are made available to employees, regardless of their level, tenure, or position.
Base Salary
Employee’s base salary compensates them for the value they bring to the organization and for meeting our everyday high expectations. The base pay is aligned with the external market and our compensation tools are reviewed periodically.
Merit Increase
Our merit increase system rewards employees based on their job performance.
Vacation/ Time-Off
Employees are afforded ample paid time off to rest and relax away from work. Vacation is accrued based on job level and length of service.
Career Development
We support growth and development for all our employees through our e-learning platform, online learning tools, Group sponsored training programs and scholarships via our Educational Award Scheme.
Employee Assistance Programme
In an effort to assist all employees of the organization in dealing with the work and life challenges, the programme is easily accessible and confidential “counselling to employees and their dependants, at any time as a source of help for personal or work-related difficulties.
Overall, the Group offers a comprehensive and competitive benefits program inclusive of a range of incentive plans, and countless opportunities within the organization for professional growth and development. Resources are also provided to employees to support their personal needs.
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