Benefits overview
We offer an array of financial, health and leisure benefits to meet the needs of you and your family.
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Overview
If you’re a permanent or fixed-term employee, you’re eligible to enrol in Flexible Benefits:
When you join Iron Mountain as a new hire
During Annual Enrolment
If you have a life event
Flexible Benefits include financial, health and leisure choices that can provide tax and National Insurance (NI) savings.
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How it works
Once a year during Annual Enrolment, you get the chance to review Iron Mountain’s benefits and choose the ones that suit you and your family. You can keep the benefits you have, or increase or reduce them based on your situation.
You can only make changes to your benefits outside of Annual Enrolment if you have a life event, such as marriage, birth or loss or gain of cover outside Iron Mountain.
Salary Sacrifice
When you have decided the benefits you want, you’ll need to determine what you’ll contribute to these benefits each month. This is known as salary sacrifice, because you’re “sacrificing” a pre-tax amount of your take-home pay each month to cover the benefits. The good news is that you’ll pay less NI and tax on your monthly gross salary.
It’s important to note that whilst these benefits are optional and selected by choice, you’re not allowed deductions from your pre-tax salary that would take you below the national living/minimum wage rates. As such, you may not be able to select all of the benefits you would like to, if doing so would take your hourly rate below the legislated rates. In such cases, you will need to choose between the benefits you wish to select.
To find out exactly what you’ll save on each benefit, visit the Flexible Benefits website or call 01252 767 058.
Your Benefit Options
Iron Mountain’s Flexible Benefits support the wellbeing of you and your family. Review this site to discover the many benefits available to help you live a healthy, happy life, at work and at home.