National Savings and Investments salary 2026/27
National Savings and Investments is the government-owned savings bank, offering Premium Bonds and savings accounts. It publishes EO to SCS medians.
NS&I salaries: National Savings and Investments pay
| Grade | Median | Take-home a month | Rank |
|---|---|---|---|
| EO | £33,110 | £2,178 | 39 of 92 |
| HEO | £40,830* | £2,595 | 31 of 93 |
| SEO | £51,790* | £3,220 | 28 of 93 |
| Grade 7 | £59,910* | £3,555 | 70 of 91 |
| Grade 6 | £83,900* | £4,627 | 22 of 84 |
| SCS | £115,820 | £5,930 | 7 of 58 |
Median full-time salary at 31 March 2026 from Cabinet Office Civil Service Statistics. * Our estimate from the official 2026 figure for the combined level and the 2025 figure for the grade. Rank compares National Savings and Investments with every department and agency that publishes a figure for that grade. Take-home is full time, alpha member, tax code 1257L, no student loan.
Weak at Grade 7, strong elsewhere
NS&I ranks 31st of 93 at HEO and 28th of 93 at SEO, but 70th of 91 at Grade 7 before recovering to 22nd of 84 at Grade 6. SCS is 7th of 58 at £115,820.
Competition from banks and building societies for staff may help keep the senior figures high. The Grade 6 median is 7% above the typical department's Grade 6 median. Moving from EO to HEO adds about £416 a month in take-home.
Against the typical department
| Grade | National Savings and Investments median | Typical department | Difference |
|---|---|---|---|
| EO | £33,110 | £32,460 | +£650 |
| HEO | £40,830 | £39,440 | +£1,390 |
| SEO | £51,790 | £48,220 | +£3,570 |
| Grade 7 | £59,910 | £63,110 | -£3,200 |
| Grade 6 | £83,900 | £78,270 | +£5,630 |
| SCS | £115,820 | £94,930 | +£20,890 |
The typical department is the middle one when every department and agency that publishes a figure for that grade is put in order, at 31 March 2026.
What each step up is worth
| Move | Extra gross a year | Extra take-home a month |
|---|---|---|
| EO to HEO | £7,720 | £416 |
| HEO to SEO | £10,960 | £625 |
| SEO to Grade 7 | £8,120 | £335 |
| Grade 7 to Grade 6 | £23,990 | £1,071 |
| Grade 6 to SCS | £31,920 | £1,304 |
Extra take-home is smaller than the extra gross pay because of tax, National Insurance and the higher alpha contribution rate that applies as pay rises.
Grades with too few staff to publish a figure are left out. National Savings and Investments may also pay more in London and for specialist roles, and most departments have paid a 2026/27 award since 31 March 2026.
Common questions
How much does an EO earn at National Savings and Investments?
The median EO salary at National Savings and Investments was £33,110 at 31 March 2026, which is about £2,178 a month after tax, NI and alpha at 2026/27 rates.
How much does a HEO earn at National Savings and Investments?
The median HEO salary at National Savings and Investments was about £40,830 at 31 March 2026 (our estimate from official figures), which is about £2,595 a month after tax, NI and alpha at 2026/27 rates.
How much does a SEO earn at National Savings and Investments?
The median SEO salary at National Savings and Investments was about £51,790 at 31 March 2026 (our estimate from official figures), which is about £3,220 a month after tax, NI and alpha at 2026/27 rates.
Does National Savings and Investments pay more than other departments?
It depends on the grade. At SCS, National Savings and Investments ranks 7 of 58 departments that publish a figure. At Grade 7 it ranks 70 of 91.
What pension do National Savings and Investments staff get?
Civil servants join the alpha pension scheme. You pay 4.6% to 8.05% of your pay depending on what you earn, and build 2.32% of your pensionable pay as pension each year.