Global Rewards Philosophy

• Provide competitive, global reward programs that include compensation, recognition and development opportunities to retain and attract highly motivated, talented individuals



• Enhance individual accountability, performance and development through clearly defined goals, aligned with the business strategy



• Differentiate, link and align rewards based on business results, individual contributions and achievement



• Provide systems and processes to allow for the evaluation of results achieved, while ensuring alignment with the business strategy and individual accountability



• Provide managers with tools and guidelines for effectively managing employee rewards



• Monitor the external market through surveys and benchmarking to ensure competitive reward practices



• Encourage open, honest communication about rewards