DiscoverStartupsMonzo BankCulture and benefits at Monzo Bank
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Monzo Bank
Actively Hiring
Get paid a day early with easy banking through Monzo1001-5000 Employees
  • Scale Stage
    Rapidly increasing operations
  • Top Investors
    This company has received a significant amount of investment from top investors
  • YC Funded
    Startup funded by Y Combinator
  • Valuation $1B+
    This company has a valuation of $1B or more
Website
Locations
Company size
1001-5000 people
Total raised
$424.3M
Company type
Financial Institution
Markets
MobileFinancial ServicesFinanceBankingFinance TechnologyConsumerFin Tech

Culture and benefits at Monzo Bank

Culture overview

We're building a bank, together We're focused on solving problems, rather than selling financial products. By solving your problems, treating you fairly and being totally transparent, we believe we can make banking better. We want to make the world a better place and change people's lives through Monzo and we think the best way to do that is by being as open as possible. You can find a few examples here: - Improving products by customer feedback: monzo.com/blog/2019/10/24/whats-next-for-the-new-look-monzo-app - monzo.com/blog/2019/09/16/three-million - Money in Love: monzo.com/blog/2019/09/03/money-in-love-michael-and-dan - Lending Principles: monzo.com/blog/2019/08/13/our-lending-principles - Transparency when things go wrong: monzo.com/blog/2019/09/08/why-monzo-wasnt-working-on-july-29th
Perks and benefits

Health & wellbeing

Paid sick leave for both physical & mental health. Health insurance through Vitality or BUPA, with additional insurance through Medicash. We also offer a discounted subscription to Headspace.

Pension

We’ll automatically enroll you into our pension scheme. We offer a 4% employer contribution (Monzo pays you 100% of your salary, then 4% extra into pension).You’ll need to pay 4% too, and you can opt to pay more for the tax benefits!

Family

52 weeks of primary caregiver leave (13 weeks at 100% pay, 13 weeks at 50% pay, 13 weeks at Statutory Maternity Pay) if you have been with us for at least 13 weeks. 6 weeks of secondary caregiver leave at 100% pay.

Remote friendly

If you’re employed as a distributed worker, we’ll pay for any equipment you need to do your job. If you’re normally office-based, you can still work from home occasionally, and everyone works from home every other Friday.

Generous vacation

24 days of vacation a year, not including bank holidays. Or, you can opt out of bank holidays and take 32 days’ holiday whenever you like. We also offer an extra month's unpaid leave each year.

Snacks

Fresh fruit in the office (biscuits, quality coffee, tea and soft drinks too)

Company meals

Lunch on Monzo twice a week if you’re office-based

Commuter benefits

We’re a member of the cycle-to-work scheme. We also offer season ticket loans with Commuter Club (we pay the interest)

Learning

Learning budget of £1,000 a year for books, training courses and conferences, plus regular knowledge-sharing sessions with your squad, collective and discipline

Company events

Regular company-wide socials, like sports day and a Holiday party, plus smaller team lunches, dinners, breakfasts & other social get-togethers. Interest based clubs like netball, choir, yoga. You can make your own, too!

Compensation reviews

Managers review salary every 6 months, and Monzo provides proactive pay increases to reflect growing responsibilities.

Flexible working hours

We trust you to work enough hours to do your job well, at times that suit you and your team. If you’re in customer operations, you’ll have set shifts.