Job Details

Electronics Component Principal Engineer

R28292

Annual Bonus

Every year in February, we reward our dedicated employees with an annual bonus. Exact amounts and percentages will vary by job grade and on business performance. This can be discussed/explained further with a member of the Resourcing team during your application process. 

We are proud to say that we were able to award our annual bonus to employees even through tough economic times in recent years, when other employers were less fortunate. 

25 Days Annual Leave (plus holiday purchase)

Employees receive 25 days of paid annual leave per calendar year, in addition to all statutory and public holidays.

After 5, 10 and 15 years of service, an additional day of annual leave is added to your allowance at each of these milestones. 

You can also enjoy more time off by purchasing up to an additional five days holiday through payroll.

Dynamic Working

We trust our people to agree, within their teams, where and when they can be most effective. Our Dynamic Working policies allow individuals great levels of flexibility around the hours they work and where they work. Depending on your role and function, this may include options for paid overtime, dynamic leave (time in lieu) and more. 

When applying, please check the job advert for details, then make sure to discuss what to expect with your recruiter. 

VIDEO: What Dynamic Working Means to Me (click the image to open YouTube link)

Enhanced Parental Leave

We recognise that having or adopting a child is a significant life event for our employees and as a family friendly employer we offer a range of enhanced family leave provisions to support employees before, during and after a period of leave.

Our enhanced parental leave offers up to 26 weeks for maternity, adoption and shared parental leave. Enhancements are available for paternity leave, neonatal leave and fertility testing and treatments.

We also offer 2 weeks enhanced pay for paternity leave, and neonatal care leave for up to 12 weeks where a period of extended hospital care is required after birth. Employees also have access to support whilst undergoing fertility testing and treatments. 

Lifestyle - Discounts & Vouchers

Discounts – The Discounts platform includes a great range of features such as: discounts, instant vouchers, reloadable cards, easy saver cards, cashback, mobile app and Wellbeing Centre.

Costco - Permanent employees of MBDA qualify for Costco’s individual membership.

Technology Vouchers – Purchase the latest gadgets and white goods up to the value of £2,500 and spread the cost over 12 months.

Charity Donations - Donate up to five charities each month, with full tax relief on all donations.

MyCar Scheme – The MBDA MyCar Scheme offers employees the opportunity to access up to two new vehicles via a salary sacrifice arrangement including an all-inclusive package.

Holiday Purchase – Purchase up to 5 days' extra holiday whilst making tax and National Insurance savings, spreading the cost over 12 months.

Gyms & Social Clubs

Healthworks Gym Membership - The Healthworks on-site gym at our Stevenage site offers a range of facilities and equipment, alongside a variety of classes available during the week.

Annual Gym Membership – Take advantage of discounted membership at over 3,600 of the UK's leading gym chains, leisure centres, hotel health clubs, independent gyms, boot camps and yoga studios.

The Club –The Club provides a fantastic opportunity to enjoy great social activities - from theatre trips, days out, to sporting activities.

Pension & Finance

Our MBDA Retirement Savings Plan is a 'Defined Contribution' plan in the Mercer Master Trust, administered by Scottish Widows. The standard contributions are 4% of an employee's base salary and 6% employer contributions. You can increase both employee and employer contributions by up to 2%.

Financial Awareness – Employees have access to free financial webinars hosted throughout the year, along with access to a financial education website which provides plenty of useful hints, tips and guidance on managing financial wellness.

Share Incentive Plan - Acquire shares in our UK Shareholder, BAE Systems PLC, the scheme is tax efficient on shares purchased.

Mortgage Advice – As part of our financial wellbeing initiative employees can access free of charge mortgage advice and webinars.

Season Ticket Loan – Employees can borrow the value of public transport season ticket for bus or train journeys to and from work and spread the cost over 12 months.

Critical Illness – To help reduce the financial impact after being diagnosed with a critical illness, employees receive a tax-free lump sum payment that can be used for any purpose including covering medical expenses, adjustments to lifestyle and more.

Share Incentive Plan

The Share Incentive Plan (SIP) is available for you to join and reinforces our commitment to long-term share ownership amongst our employees.

Free Financial Advice

We know money matters in life, so we want to make sure our employees are both paid what they deserve, and also have access to resources that can help them plan for the future.

Through selected partnerships, we offer a range of free seminars, held throughout the year, to help you make good financial decisions for now and the future.

Extracurricular Learning Budget

You can receive up to £150 towards the cost of approved courses each year including group language lessons.

Health and Wellbeing

Employee Assistance Programme - The Employee Assistance Programme is free, independent, confidential and is available 24 hours a day/365 days a year. Employees have access to short-term counselling (which includes up to 8 structured face to face, telephone or virtual sessions).

Voluntary Private Medical Insurance – Private Medical Insurance offers three healthcare plans to suit your individual requirements for you and your family.

Funded Private Medical Insurance - Eligible employees (Grade C & Above) are enrolled as standard into the company funded Private Medical Insurance benefit.

Dental Insurance – The Dental Insurance benefit provides the option to claim cash back on everyday dental expenses such as, minor treatments, routine examinations, restorative treatment and more. There are six levels of cover available, with each level providing increased claim limits.

Healthcare Cash Plan - The Healthcare Cash Plan benefit provides the option to claim cash back on everyday healthcare expenses such as optical, dental, health and wellbeing and more. There are six levels of cover available, with each level providing increased claim limits.

Healthcare and Leisure – The Healthcare and Leisure benefit provides the option to claim cash back on everyday healthcare expenses such as medical fees, dentist fees, opticians and also provides access to special deals and concessions on sporting and recreational facilities.

Employee Assistance Programme

Our employees' wellbeing is our priority. That's why everyone at MBDA UK can access free, confidential advice on a range of financial, personal and workplace issues, available 24/7.