Rexel operates a defined contribution pension plan with Friends Life, part of the Aviva Group – the UK’s largest pension provider.
Employees who elect to join must pay a minimum of 3% contribution into their plan and, in return, will receive a matching contribution from the Company. Of course, you can pay more than 3% should you choose to and, if you do, Rexel will match this up to a maximum contribution of 4%.
Membership of the plan also entitles you to valuable life assurance cover of 4 x base salary as standard. Employees can choose to have pension contributions taken on a salary sacrifice basis making this an even more cost effective way of saving for your retirement.