In the 3rd instalment of The Startup Graduate Series, Coll + Rich bring you What in the Benefit? 

Your That Should be Working! hosts unpack the world of startup benefits, job security, and realistic perks. They break down what to look for in job descriptions, what to get in writing, and how to tell whether that shiny “equity package” or “wellness budget” is truly worth it.

Some statutory benefits or employee rights in the UK (as of 2025):

• Paid annual leave (pro rata for part-time)
• Statutory sick pay
• Statutory Maternity and Paternity leave and pay
• Notice periods and redundancy
• Statutory pension (Contributions - 3% employer, employee 5%)

Key Takeaways:

• Cash, pension, and paid time off are still king - don’t let equity or office snacks distract you.
• Always confirm in writing any promises about bonuses, allowances, or wellness perks.
• Understand the difference between equity and stock options before accepting less pay.
• Professional development isn’t a luxury - it’s a necessity for your long-term career.
• Startup success stories are rare. Know your risk appetite before you sign.

Listeners should research and compare what’s legally required with what is being offered, to properly determine if it is a benefit.

Next week, we’ll dive into “When It Doesn’t Work Out” — what to do when your startup hits turbulence, funding dries up, and or redundancies begin.

Listen in, join the debate and let us know your comments.

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