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YOUR GUIDE TO MY CHOICE - HSBC careers site

YOUR GUIDE TO MY CHOICE - HSBC careers site

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do you have children under the age of 16 for whom you need to<br />

provide childcare?<br />

do you use a registered or approved home childcarer?<br />

are you based at Stourton or Hamilton and have children younger than five?<br />

Would you like a convenient, automated way to pay for childcare that saves<br />

you Income tax and national Insurance Contributions?<br />

are you eligible for, or currently receiving, Childcare tax Credits?<br />

My Choice allows you to reduce your childcare costs by offering either kidsunlimited<br />

childcare vouchers to pay for all types of registered childcare, or the opportunity to pay<br />

for a place at one of the first direct on-<strong>site</strong> nurseries (subject to eligibility).<br />

You can choose from the following options for your childcare needs:<br />

•<br />

CHIldCaRe<br />

Provider: kidsunlimited<br />

Childcare vouchers − you can choose monthly electronic childcare vouchers<br />

in £1 units, with a minimum monthly payment of £10. this option is available to<br />

all employees<br />

• first direct on-<strong>site</strong> nurseries:<br />

Childcare vouchers (up to £2,915 p.a. tax and nI free)<br />

– Stourton on-<strong>site</strong> nursery − choose to contribute in pounds and pence, with a<br />

minimum monthly payment of £1 (available only to Stourton-based employees)<br />

– Hamilton on-<strong>site</strong> nursery − choose to contribute in pounds and pence, with a<br />

minimum monthly payment of £1 (available only to Hamilton-based employees).<br />

CYCle2WORK<br />

Provider: Halfords<br />

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Is cycling an appropriate mode of transport for your journey to work?<br />

leISuRe & lIFeStYle<br />

do you need to get fit or find a more reliable or cheaper way to get to work?<br />

are you interested in reducing your ‘carbon footprint’?<br />

If you are thinking about cycling to work, or already do, this is a cheap and easy way<br />

to have the bicycle of your choice. through My Choice, you can choose a bicycle and<br />

accessories for commuting to work from £200 up to £1,000. Choosing this benefit<br />

commits you for one year.<br />

If you select a bicycle and accessories through My Choice you will get to choose a further<br />

15% worth of free cycle accessories. For example, if you select a bicycle and accessories<br />

with a value of £300, you will be able to choose a further £45 worth of free accessories.<br />

Please note the 15% offer is only redeemable against standard store and ‘sold to order’<br />

ranges available from Halfords, Bikehut and Cycle Republic. In addition, you will need to<br />

arrange insurance for the bicycle.<br />

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