Benefits & Wellbeing at Teva

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From financial rewards, to flexible working, health benefits and ongoing career development opportunities, our benefits package and range of wellbeing initiatives are about making sure that you’re at your best in life, as well as at work.

While we take great pride in helping millions around the world enjoy healthier lives every day, we are just as passionate about looking after our people, as we are our patients.

You can expect a competitive rewards package when you join our team – a fair day’s pay for a fair day’s work. But we know that being a great place to work is so much more than simply your salary. At Teva, we offer a chance for you to grow and develop your career, as well as providing a great range of perks that can be tailored to your needs.

We also recognise that different people need different things. So we actively adjust our benefits offering to match the needs of our employees. It’s one of the ways we support our diverse workforce, regardless of your origin, cultural or ethnic background, family status or age. We want to make your life easier and work even more rewarding.

The wellbeing of you and your family is at the heart of our rewards and benefits package

At Teva, one of our core values is making our families proud. We know that your wellbeing and family life come first, and we’re committed to being a flexible employer who respects a healthy work/life balance.

We offer a range of benefits for all employees - including paid maternity, paternity and adoption leave, childcare vouchers and flexible working hours. We’ve also introduced carers’ leave, for those employees that need to take time to look after their loved ones.

As a leading healthcare company, we also know you can only work well if you feel well. That’s why we provide a range of supportive health and wellbeing programmes and benefits, from private healthcare insurance to fitness classes and eye-care vouchers, and lots more besides.

Aside from your payslip, we also offer up a number of other financial benefits, including life insurance for you and your spouse, a contributory pension scheme, critical illness insurance, long-service awards, a bonus scheme, a company car scheme for eligible employees and opportunities to buy and sell holiday days – plus so much more!

We're also encouraging our employees who are eligible for a company car to move to an electric car by enabling them to order any electric car on the market with a fully flexible scheme. We also contribute to the fitting of an electric charging point at their home address. 

We know your circumstances and lifestyle could change throughout your career. That’s why our benefits scheme is flexible, meaning you can match your perks to your personal circumstances. We’ll give you regular opportunities to review and change your benefits so they continue to be right for you.

Find a better balance

We work, grow, and pull together, and see ourselves as supportive teams made up of friends. But we know that family comes first and that you also have passions outside of work. And we recognise that successfully integrating both work and home life, is essential for your overall wellbeing.

To help you on your way, we offer flexible working schedules wherever possible (if your role permits) and a hybrid approach to home / office based working days.

Good health starts with you

As a leading healthcare company, we also know you can only work well if you feel well. That’s why we provide a range of supportive health and wellbeing programmes and benefits, from private healthcare insurance to wellbeing apps and from eye-care vouchers to on-site fitness group sessions and lots more besides. 

We take pride in offering a choice of wellbeing programs and activities, aimed at helping you be in the best shape, physically, mentally, and socially.

In addition to providing access to a choice of medical and health plans, we take great pride in providing a safe place to work while nurturing an environment that’s caring, respectful and inclusive. We also offer insights and guidance to support your overall Wellbeing including suggested programmes, aids and activities. Additionally, our Employee Assistance Programme is focused on sharing resources and support specifically related to mental health and resilience.

We give you time
to give something back

Our commitment to making a positive difference in people’s lives includes the communities we touch, as well as the patients we serve.

Nowhere is this better demonstrated than in our social impact volunteering programmes, which support humanitarian causes across many local communities. We not only give our people the opportunity to give something back by taking part, but we also offer paid hours every year to give you the time to do so.

We’re as dedicated to your progress as you are

Whether you’re joining us in an entry-level or leadership position, we offer a range of learning and development resources and programs to aid your professional progress.

You’ll find a variety of programs that empower you to grow your career, helping you to build the right capabilities for success in your specific role. You’ll gain new skills to thrive in a global setting, and we’ll make sure you are well prepared for the professional challenges of the future.

With so many leaders among us, we’ve designed a dedicated Leadership Development courses to enhance the skills necessary to excel within their role, using targeted programs that uncover new ways of leading, thinking, and doing. Leadership is part of our organisational DNA, a lifelong learning journey we’re dedicated to supporting.

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Date of preparation: September 2023
Reference: COB-GB-NP-00121 (V1.0)