Our appeal to new and existing people doesn’t just rest on the financial rewards and benefits we offer. Our name conveys hard-earned value and trust in all our people. We pride ourselves on our strong relationships between line managers and fellow workers. We offer a global, diverse and enriching environment. And we have countless possibilities to learn and grow. All these factors – our Total Rewards as we call them – contribute to our appeal.
Naturally, our Total Rewards aren’t standardized around the world. They vary between our Markets, reflecting differing candidate aspirations and variations in what our employees value across the globe.
Our Total Rewards Policy is designed to give both the business and our people a clear understanding of Total Rewards and the principles behind them.
These guiding principles are:
- Provide a globally consistent framework with the flexibility for each Market to create competitive programmes that comply with local legislation.
- Focus on attracting and retaining talented employees, building a high-performance culture and ensuring a highly engaged workforce that achieves sustainable business results.
Although there are variations between Markets in what employees value, there are also some common elements:
- Fixed Pay
- Variable Pay
- Personal Growth & Development
- Work-Life Environment
We expect all our people to understand the specific characteristics of Total Rewards and how they are established and maintained throughout the Group. Our Total Rewards Policy aims to build this knowledge and to explain how Nestlé is committed to giving each employee the opportunity to grow, evolve and contribute.