From flexible work options and generous superannuation contributions, to several types of leave, a healthy culture of acknowledgment for hard work and great supplier discounts, IAG prides itself on being a great place to work. By way of example, employees in Australia enjoy the following benefits:
IAG’s approach to remuneration is about rewarding and recognising your performance. Your total potential reward is made up of your fixed pay (your base salary and superannuation) and your short term incentive (STI). Your fixed pay recognises your capability and performance in your role. Your fixed pay is reviewed annually at which time your manager may recommend an adjustment. Eligible employees can participate in an STI plan. STIs ensure you are rewarded for your individual and team contribution to the wider success of our business. STIs are the “at risk” component of your total potential reward.
Flexible work arrangements and leave options that may be available to you include:
Requests depend on your work circumstances and must be discussed with your manager.
IAG understands the challenge of balancing work and family so we have benefits to support you, including:
IAG’s superannuation rate of 13% is currently above the legislated minimum and is highly competitive compared to other companies. The IAG and NRMA Superannuation Plan is our own fund and benefits include:
Eligible IAG employees can salary sacrifice:
The IAG employee share plan is a tax effective chance to buy IAG shares through salary-sacrificed payments. You contribute $900 to the cost of your shares over a 12-month period and IAG contributes $100.
Our excellence awards program celebrates the outstanding work of individuals and teams. All high performing employees can be nominated, or nominate others, for outstanding contributions that are consistent with IAG’s vision. Our formal recognition and reward points system acknowledges individuals and teams for the great work that happens every day. E-cards are one way to acknowledge great work; nominating colleagues for reward points, able to be redeemed for a gift of choice through our catalogue, is another. Our milestone program acknowledges long-standing IAG employees with a certificate and reward points.
IAG’s community programs allow you to give back to your local community via:
Eligible employees can receive a discount of 25% on IAG personal insurance products from NRMA, SGIO, SGIC and CGU Insurance. This covers motor, home, CTP and niche products like caravans and travel. Eligible employees can also access a 10% discount on home security alarm systems and a 25% discount on back-to-base monitoring services.
Our suppliers offer IAG employees discounts in areas such as technology, health, transport, financial services, travel, leisure, lifestyle and appliances.