Associate Handbook 2018

The Company will make a series of twelve deductions from the Associate’s salary to recover the cost of the ticket.

If Associates leave the Company, any outstanding balance on their season ticket loan will be deducted from their final salary. It will then be their responsibility to obtain reimbursement from the appropriate authority for the remaining season ticket travel period. Occasionally a new employer will take over the balance of the loan and reimburse Lockton International the outstanding amount. Should this occur the Human Resources Division would write to the Associate’s new employer to seek their agreement to settle the outstanding balance.

5.5

Company Car Allowance

Associates eligible for a car allowance will be informed individually. They will be responsible for all costs of running the car, including petrol for personal use, road fund licence, tax, oil, maintenance and repairs and obtaining insurance etc. For the avoidance of doubt, the car allowance is not included in basic pay and will not count towards other terms and conditions of employment, which are related to Associates basic pay.

Eligible part time workers will receive a pro rata car allowance.

It is the responsibility of the driver to ensure that their personal car insurance covers them whilst using their vehicle for business purposes .

When an Associate uses their car for Company business a proportion of petrol expenses will be reimbursed by the Company. The current rate is 0.25p per mile, this amount is the same for Diesel and Petrol.

Associates are not entitled to any car allowance during any period over which they are in receipt of benefits under the Company’s Group Income Protection Scheme.

Any Associates driving on Company business should familiarise themselves with the Health & Safety Manual

5.6

Mortgage Service

The Company has made arrangements with Charles Cameron & Associates (CC&A), an independent mortgage broker, to assist with any questions about mortgages or in arranging a mortgage, who can provide a convenient resource which could save Associates time and reduce the stress normally associated with organising a mortgage. Although CC&A usually charge a fee of 0.5% of the mortgage amount for this service, Lockton Associates can use this facility free of charge. This facility is also available to friends and family.

For further information, contact CC&A either by:

- telephone: 020 7337 4037 or 020 7337 4031

- email info@ccameron.co.uk

- www.ccameron.co.uk/Lockton