0 ABOUT US OUR PORTFOLIO OUR PLATFORM INVESTORS NEWS ESG CONTACT US WORKING AT NEWRIVER HOME ABOUT US WORKING AT NEWRIVER NewRiver Employee Benefits March 2020 Introduction from our Head of HR At NewRiver we know that the success of the company comes from the people within our team. Since our formation in 2009 we have worked hard to create a collaborative culture for our employees that promotes teamwork, personal development and long-term career fulfilment within a friendly and supportive working environment. As Head of HR for the NewRiver group I am proud of the collegiate and mutually supportive culture we have fostered here at NewRiver. We have high staff retention and a reputation for attracting talented and ambitious new joiners and see our greatest achievements in enabling our team to unlock their full potential.. As a company, we are passionate about what we do and the sector we operate in, and we are pleased to say that NewRiver has a reputation in the industry for being a great place to work. We have a wealth of benefits in place that underpin all of this which are outlined below, and we continue to strive to improve these year on year. We are committed to ensuring our policies enable all our staff to choose what is best for them, particularly in offering enhanced shared parental leave. Becoming a working mother of two children in the late eighties myself, the practices and policies available to families were not as flexible as they can be today and so this is an area which I am passionate about developing as we seek to enable all our talented team to develop their careers in the way they choose in conjunction with a healthy and happy work life balance. Edith Monfries Head of HR Our Policies and Benefits Training & Development We are committed to maximising the skills, capability and performance of all employees. We provide all employees with the opportunity to develop themselves and progress in their careers. Our support ranges from funding professional qualifications including RICS and ACCA to informal weekly training sessions and talks over a healthy breakfast once a month from industry experts on a wide range of topics. Of our teams in the London and Birmingham head offices, 87% have received training during the course of FY19. In addition, all employees benefit from a tailored performance review and professional development plan, which allows them to measure their progress and fulfil their potential. Internal talent development is an important focus for NewRiver, seeking to nurture individuals and help them achieve their potential and ambition. This doesn’t just include promotion into more senior roles but has included opportunities for employees to change teams within the company enabling them to take on new challenges and flex their skills in other areas of the business. Apprenticeships We offer an Apprenticeship Scheme which provides us the opportunity to nurture and develop entry level employees at the outset of their career. Benefits at NewRiver Renumeration and Incentive Schemes We are committed to ensuring that we reward our employees through remuneration policies which include bonus entitlements for all staff to reward excellent performance and also Long-Term Incentive Plans. Benefits We currently offer the following benefits: Private Medical Insurance: We take care of you and your family by providing a Comprehensive Company paid medical insurance scheme. Pension: Planning for your future is important, therefore we have a Pension Plan in place which enables both you and NewRiver to contribute a % sum towards this. We also offer complementary sessions with a Pensions Advisor to provide you expert advice on your Pension plan. Holidays: Planning a holiday or wanting to take time out? We offer 25 days holidays (excluding bank holidays) and you have the choice to buy up to 5 days more holidays each year. Flexible Working: Our flexible working practices enable our staff to work in a way that is smart, focused and tailored to their individual needs. Dental: We offer a dental insurance plan to provide cover for a variety of dental treatments. This benefit is employee paid. Life Assurance: We provide life assurance to all our employees. The scheme enables us to provide a tax-free lump sum benefit payment to an employee’s family or dependants of up to 5 x your salary. Income Protection: Our Income Protection Scheme provides insurance to replace part of your basic salary if you are unable to perform your duties with us due to illness or injury. This benefit provides up to 75% of your salary should you qualify to receive the insurance. Sabbatical: We offer sabbatical leave as a benefit to encourage our employees to innovate, learn new skills, gain wider knowledge and pursue their interests (e.g. volunteer, travel, research, write.) It’s one way to reward employees who have been working with us for a long time. After 10 years’ service, you are eligible to take paid sabbatical leave of up to 6 weeks. Commuting: To support your daily commute, we offer various benefits to assist you including season ticket loans and a Ride2Work scheme. Our Policies Our employee handbook has been designed so that our employees have a full understanding about their employment with us. It contains details of all the key People policies and how our employees are supported in the workplace. We continually strive to provide the most flexible policies to enable all our employees to combine a fulfilling career supported by family friendly policies for all our employees. This includes generous provisions such as: Shared Parental Leave: After 2 years’ service with us, you will qualify for Company paid Shared Parental Leave. This entitlement is full pay for your first 16 weeks of leave and 50% of your basic salary for the remaining 10 weeks of leave. Maternity Leave: Whilst also receiving Statutory Maternity Pay, after 2 years’ service with us, you will qualify for Company paid Maternity Leave. This entitlement is full pay for your first 16 weeks of Ordinary Maternity Leave (OML) and 50% of your basic salary for the remaining 10 weeks of OML. Paternity Policy: You will be entitled to two weeks full pay. Training & Development Policy: Our excellent training and development policy enables our employees to take up to 5 days study leave per year. Health & Wellbeing We recognise that our people are our greatest asset and we are committed to improving the quality of our employees working lives by providing a safe and healthy working environment. Our aim is to create a positive working environment by integrating wellbeing in all work activities and by empowering our people to make positive choices regarding their health and wellbeing. NewRiver’s 120 head office staff, in London and Birmingham, play an integral role in our business, and their wellbeing is a top priority for us. In FY18 NewRiver launched a staff wellbeing programme which includes various initiatives including encouraging physical activities, supporting flexible working and providing healthy food options including daily fruit baskets and non-dairy milk options as well as the standard variety of teas and coffees. Periodically, we get the whole team together for a seasonal lunch which allows for socialising during the working day rather than always hosting social events in evenings when people may prefer to be with their families or friends. Mental Health We have enrolled in a campaign called “This is me”, a business led campaign to support organisations and their employees to talk about mental health. It encourages people with experience of mental health problems, whether their own or those of a loved one, to share their stories and end the stigma around mental health issues. To support this initiative, we have a number of trained Mental Health First Aiders across our business. Thrive at Work Our aim in FY20 is to implement more activities which will help to foster a healthier working environment. We are participating in “Thrive at Work”, a programme seeking the highest level of accreditation to demonstrate our commitment to employee health and wellbeing. Physical Environment Our office layout is open-plan to allow for a more collegiate working dynamic and provide accessibility to management at all levels. The office spaces in both the London and Birmingham offices are bright, modern and stylish with plenty of areas for breakout sessions or space to enjoy a catch up with a colleague over lunch or read a few more pages of your current book or listen to a podcast. Diversity As a Company, we are committed to a culture of diversity and inclusion in which everyone is given equal opportunities to progress regardless of gender, race, ethnic origin, nationality, age, religion, sexual orientation or disability. More information If you’d like to know more about any of our working practices or policies across the NewRiver group, please get in touch with our HR team at recruitment@nrr.co.uk NewRiver REIT plc 16 New Burlington Place London W1S 2HX +44 (0) 20 3328 5800 info@nrr.co.uk INVESTOR LINKS Investor Centre Regulatory News Share price IR Contacts USEFUL LINKS Home News About Us Contact Us LEGAL Modern Slavery Act Statement Privacy & Cookie Policy Sitemap Recruitment Policy ©2021 NewRiver REIT plc. Company Number: 10221027. All rights reserved. By clicking “Accept All Cookies”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. Cookies Settings Reject All Accept All Cookies