At P&G, we believe that if we support your wellbeing, you are better able to contribute to the success of the company and achieve your personal goals. That is why our Total Rewards package is focused on supporting 4 key wellbeing areas:
Benefits
Total Rewards in P&G
Financial Wellbeing
We believe that it's important not only to excel in your job and build your career, but to also feel financially secure. We understand that financial security and growth are crucial components of your overall wellbeing, which is why we take a holistic approach to set you on a good path to a secure financial future.
Below you can find the details for our compensation elements. And we don’t stop with compensation. We also offer financial benefits that help you save for the future, and further life and disability benefits are provided to ensure that you and your loved ones are protected in times of unexpected need.
By providing these financial benefits, we believe that you can better focus on your professional growth and achieve your fullest potential.
Competitive Base Salary
In line with our compensation principles ‘pay competitively’ and ‘pay for impact’, we annually benchmark our salary ranges with the finest companies in our industry, allowing us to compete for top talent like you. As you continue to make an impact on our business, your base salary will develop accordingly within the annual compensation reviews.
As part of your annual salary, we also pay Christmas and vacation bonuses.
As part of your annual salary, we also pay Christmas and vacation bonuses.
Our bonus program (called STAR program) is available as of entry level management. The STAR bonus program is intended to make sure that managers are rewarded in line with the business results achieved, as higher business results deliver a higher STAR award. It increases the focus on Business Unit results as well as overall Company success and provides a clear link between pay and performance.
We are committed to help our employees build their long-term financial security by providing opportunities to achieve their financial goals. Therefore, we offer an employee share purchase plan that we contribute to by offering a 50% match to your contributions. This plan enables you to invest in our company and potentially earn significant returns over time, as we strive to create opportunities for our employees to share in our success.
We offer financial education resources to help our employees achieve long-term financial success, such as access to an impartial financial education platform that provides you with the latest financial news, interactive tools, and personalized email notifications about money matters and helps you plan and organize your finances and improve your financial wellbeing. There are also workshops and seminar offers as part of our regular Financial Wellbeing initiatives.
Our employees also enjoy commercial advantages, such as discounts on company products or services, as well as exclusive partnerships with other businesses that provide additional perks and benefits.
Each year, we acknowledge and reward our top-performing employees through our CEO award program. This program recognizes those who have made a significant impact on our business with a financial bonus as a demonstration of our appreciation for their outstanding impact.
At P&G, we strongly value the importance of acknowledging and appreciating great work, both given and received. That's why we have our Power of You recognition program, which not only rewards employees who go above and beyond in their roles, but also encourages all team members to recognize and support each other, creating a positive and supportive work environment where excellence is recognized and encouraged.
We understand the importance of ensuring our employees and their loved ones are protected in case of unforeseen events, which is why we offer life insurance as part of our comprehensive benefits package. This coverage provides peace of mind and financial security in the event of an unexpected tragedy.
For our higher level executives, we offer a share incentive plan to align their interests with those of the company and shareholders. This plan rewards executives with company stock, providing them with a valuable long-term investment opportunity and encouraging them to work towards the growth and success of our organization.
Mental Wellbeing
Good mental health is crucial for all. We all face a wide range of personal and professional challenges in our daily lives. Our programs and benefits are designed to help you thrive at work and in daily life by supporting your mental well-being.
In tough times, we want to ensure support, counselling and care is available to help our employees and their immediate dependent family heal and recover. We also provide various trainings like mindfulness and meditation that can help you better manage stress and improve your overall wellbeing.
By offering these programs and benefits, we believe that our employees can better manage the ups and downs of daily life and seize opportunities for growth and development both inside and outside of the workplace.
At P&G, we understand the importance of work-life balance and the value of taking time away from work to recharge and refresh. We offer generous paid time off to ensure that you have the necessary space to recharge and address any personal matters that require your attention. For example, we offer 30 days of vacation per year, as well as additional days off for special occasions (e.g., weddings). We believe that by providing time for rest and relaxation, our people are able to perform at their highest level both professionally and personally.
Sabbatical
We offer a sabbatical program that provides you with the opportunity to pursue your interests and recharge your batteries. You can take up to three months off every five years, either in one go or split up, to focus on personal development, travel, or any other activity that aligns with your aspirations. This program is designed to support your professional growth and wellbeing, and we encourage you to take advantage of it.
We offer an Employee Assistance Program (EAP) that provides confidential and accessible support to you and your family members. It includes a range of services from therapeutic support to practical assistance in various aspects and is intended to provide you with the resources and tools you need to manage personal and professional challenges and maintain a healthy work-life balance.
Physical Wellbeing
We believe that maintaining good health is crucial for both personal and professional success. That's why we are committed to providing comprehensive benefits that help you stay healthy and productive.
Our medical insurance plans provide coverage for a range of healthcare services without any waiting periods to join the plan.
We believe that by investing in your health, you will achieve better personal and business results. When you thrive, we thrive.
Sick leave support
At P&G, we understand that illness can happen to anyone. To support your health and wellbeing, we offer comprehensive sick leave coverage that allows you to take the time off you need to recover.
Preventative Care
At P&G, we prioritize taking care of our team members' health. We believe that preventing illness is just as important as treating it, which is why we offer vaccinations and regular health check-ups to help you stay healthy and happy. We want to empower you to prioritize your health and well-being, and give you the tools you need to stay well.
Fitness Support
At our company, we understand the importance of maintaining physical and mental wellbeing. That's why we offer access to fitness facilities either on-site or off-site. Whether you prefer to work out in your own time or take advantage of group classes, our fitness support program provides you with the resources and flexibility you need to prioritize your health.
Work Life Wellbeing
We are committed to providing you with the everyday tools and resources you need to smoothly manage your work and personal life.
Our on-site canteens and vending machines offer healthy food options to help you stay nourished throughout the day. We focus on ergonomics to ensure that you are comfortable and able to work efficiently.
Our on-site canteens and vending machines offer healthy food options to help you stay nourished throughout the day. We focus on ergonomics to ensure that you are comfortable and able to work efficiently.
We offer flexible work schedules and the ability to work from home or abroad, to help you better balance your work and personal obligations. Our generous parental leave policies ensure that new parents can take the time they need to bond with their new family members and adjust to their new roles.
We believe that by providing these day-to-day tools and resources, we can enable our employees to contribute to our business and achieve their fullest potential. When you can manage your work and personal life effectively, you are better able to focus on your professional and personal goals.
We believe that by providing these day-to-day tools and resources, we can enable our employees to contribute to our business and achieve their fullest potential. When you can manage your work and personal life effectively, you are better able to focus on your professional and personal goals.
Flexible Work-Schedule
P&G employees lead dynamic lives, which is why we offer flexible work schedules. This allows you to choose your start and stop times within a specified framework, enabling you to align your work schedule with your personal needs and responsibilities.
Reduced Work-Schedule
We understand that everyone has different needs when it comes to work and life balance. That's why we offer a range of work schedules, including part-time options, that can be customized to fit your unique situation. Our goal is to help you achieve the flexibility you need to thrive both in and out of the workplace.
Work from Home
We recognize that the way we work is changing, and we want to support our employees in the best way possible. With that in mind, we offer the opportunity to work from home. We believe that a healthy mix of working from home and the office is important, as it allows us to build on the social connections within our workplace while also enabling you to meet your personal needs at home.
Work from Abroad
We recognize that our people may have the desire to work from different parts of the world, either for personal reasons or to explore new markets. That's why we offer the opportunity to work from abroad for a set number of days each year. This allows our employees to expand their horizons, gain new experiences and insights, and ultimately bring even more value to our organization.
Paid Absences
At P&G, we understand that life can be unpredictable and we want to support you in navigating these unexpected events. In addition to our generous paid time off policy, we also offer specific paid time off allowances for events like jury duty, moving house, or caring for a sick child. We believe that taking care of yourself and your loved ones is important, and we want to help make that easier for you.
Parental Leave
We are dedicated to supporting all new parents, regardless of gender or sexual orientation. We offer parental leave options for both primary and secondary caregivers, as per the local regulations. Our aim is to ensure that everyone has the opportunity to bond with their newborn and share the responsibilities of parenting.
Investing in Your Growth
We prioritize the continuous professional development of our employees. Because we understand the importance of expanding your skillset and advancing in your career, we provide comprehensive support for job-related trainings. Our commitment lies in empowering you to reach your full potential and accomplish your professional aspirations.