National Savings & Investments
Pay Review
This sits below the typical range for Business Services contracts — a smaller, more accessible award. Based on 57,319 valued Business Services tenders in our corpus.
National Savings & Investments (NS&I) is the UK's savings bank.
It is a Non-Ministerial Department of the Treasury and has about 200 staff, the majority of them in unique roles.
Pay is covered by the Treasury remit but is a local system with some distinctive features, including a 6.8% bonus pot.
However, there has been growing pressure to review the arrangements.
Staff turnover has risen to over 15% and the overall offer - including flexibilities such as a 9 day fortnight - no longer stand out from the competition.
In addition, NS&I has embarked on a programme of transformation which will change relationships with suppliers and lead to more insourcing of IT and digital skills in particular.
External advice is needed on who to benchmark against, how competitive the offer is, whether the current rewards are still fit for purpose and what needs to change.
What the supplier must deliver
External advice is needed on who
External advice is needed on who to benchmark against, how competitive the offer is, whether the current rewards are still fit for purpose and what needs to change.
Derived from the notice text — always confirm against the original documents.
Skills, tools & certifications
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Make the case to bid
Reveal who to approach at National Savings & Investments, and generate a go-to-market strategy from their news, accounts and people.
- OCID
- e4017ffd-a3f9-4f13-8df4-b3da8258e50d
- Stage
- contract · Contract
- Source
- Contracts Finder
- Buyer ref
- 23-D-01
Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.
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