Funding Circle is a leading online marketplace lending platform that connects SMEs (small and medium-sized enterprises) with investors. As one of the fastest-growing lenders in the UK, it has disbursed over £8 billion worth of loans since its inception in 2010. But how does Funding Circle compensate its employees and what are the benefits of working for the company?
1. Salaries and bonuses
Funding Circle offers competitive salaries and performance-based bonuses to attract and retain top talent. According to Glassdoor, the average salary for a software engineer at Funding Circle in London is £65,000 per year, while a credit analyst earns £40,000 to £50,000 per year. Senior executives and managers can earn six-figure salaries plus bonuses and stock options.
2. Equity participation
Funding Circle provides employees with equity participation in the company, which means they can own a share of the business and benefit from its growth and success. This is a common incentive for startups and tech companies that want to align the interests of employees with the company’s long-term goals. Employees can receive stock options, restricted stock units (RSUs), or other forms of equity that vest over time or upon certain conditions.
3. Flexible working arrangements
Funding Circle offers flexible working arrangements to help employees balance their work and personal life. This includes working from home, flexible hours, and job sharing. This is particularly important for parents or caregivers who need to attend to their families or other responsibilities outside of work. It also allows employees to work more efficiently and productively, as they can choose the best time and place to do their work.
4. Health and wellness benefits
Funding Circle provides employees with health and wellness benefits to promote their physical and mental wellbeing. This includes private health insurance, dental and vision care, gym membership, mental health support, and well-being programs. These benefits can help employees stay healthy, motivated, and engaged at work, and reduce the risk of absenteeism or burnout.
5. Learning and development opportunities
Funding Circle invests in the learning and development of its employees, providing them with training, coaching, mentoring, and other opportunities to enhance their skills and knowledge. This can help employees progress in their career, take on new challenges, and contribute to the company’s growth and innovation. It also shows that the company values its employees and wants to empower them to achieve their full potential.
6. Company culture and values
Funding Circle has a strong company culture and values that reflect its mission to help SMEs access finance and grow. This includes a focus on teamwork, innovation, customer service, and social impact. The company also encourages diversity, inclusion, and social responsibility, and supports various charitable causes and initiatives. This can create a sense of purpose and fulfillment for employees, as they feel they are making a positive difference in the world.
In conclusion, Funding Circle compensation includes salaries, bonuses, equity participation, flexible working arrangements, health and wellness benefits, learning and development opportunities, and a strong company culture and values. These benefits can attract and retain top talent, promote employee engagement and wellbeing, drive innovation and growth, and create social impact. If you are looking for a career in finance or technology, Funding Circle could be an exciting and rewarding place to work.