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Monzo

At Monzo, we’re building a new kind of bank. One that lives on your smartphone and built for the way you live today. By solving your problems, treating you fairly and being totally transparent, we believe we can make banking better.

Location
Broadwalk House, Appold Street, London, EC2A 2AG
Website
Industry Banking
Company size:   1,001-5,000 employees
Industry:   Banking
Company Details
Address
Broadwalk House
Appold Street
London
EC2A 2AG
 
Contact
Industry
WORKYOURWAY INSIDER VIEW

Monzo offers flexible working, empowering employees to decide when, how and where they want to work. The organisation allows employees to work anywhere as long as they are available for on-site training & meetings, and offer a range of benefits and arrangements such as three-month sabbaticals, paid maternity, paternity, adoption or shared parental leave, 52 weeks of primary caregiver leave and 3 months of secondary caregiver leave.

What we love about Monzo:

💡 Monzo pays for equipment that is needed for those who are employed as distributed workers. 

💡 Monzo offers three-month-long sabbaticals.

What's checking with Monzo:

💡 Some flexible working options, such as sabbaticals, may depend on how long employees have worked at Monzo.  

Articles about Monzo:

💡 Monzo introduces three-month paid sabbaticals for staff 

💡 Monzo launches paid sabbaticals as UK groups rethink work-life balance  

Flexible Working Approach

As well as awesome colleagues and engaging work, there are loads of ways we help Monzonauts do the best work of their lives. We often review and enhance them, but here’s a brief overview of the benefits we offer right now. If you’d like more information on any of them, just ask!

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

Working from home: 

  • 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 - as long as you have a good internet connection and a private, quiet space which allows you to do your best work

Holiday: 

  • 24 days’ holiday a year, plus bank holidays - please use them all!
  • Or, you can opt out of bank holidays and take 32 days’ holiday whenever you like (Customer Operations staff get 32 days and are scheduled to work bank holidays, but can still request annual leave if you’d like)
  • An extra 1 month’s unpaid leave every year
  • And we're piloting a sabbatical scheme where folks who've worked at Monzo for 4 years get 3 months of paid leave

FLEXIBASE WORKING PATTERNS DEFINITIONS
Part-time: An employee who works fewer hours than a full-time worker. There is no specific number of hours that makes someone part-time, but a full-time worker will usually work 35-40 hours a week.
Flexi-Time: This is a working schedule that allows employees to choose when they start and end their workday, usually to accomodate an individuals needs and other commitments outside of work.
Compressed Hours: This is where an employee increases the volume of hours worked each day in order to reduce the number of days worked.
FLEXIBASE WORKPLACE DEFINITIONS
Hybrid Working (Office / Home): This means an employee splits their time between the workplace (usually office based) and remote working (usually at home).
Remote or Mobile Working: This is a type of working arrangement that allows an employee to work from a remote location outside of corporate offices.
Work From Home (WFH): This is where an employee has the ability to set up their workspace at home, and manage their work without the need to go to the office.
Office Working: This refers to an employee being physically present in the workplace to fulfil their contractual responsibilities.
FLEXIBASE LIFE EVENT DEFINITIONS
Career Breaks / Sabbatical: These are an extended periods of agreed absence from work. The term is often used interchangeably with "sabbatical", which is generally taken to mean a shorter period of leave of several weeks or months.

*Please note that not all flexible working options may not be available for every role.

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