Compensation & Benefits
The main objective of our compensation policy is to ensure the long-term and sustainable business success by aligning the interests of our employees with our business strategy. Our goal is to serve the diverse needs of our employees around the world and to be competitive on the local market.
The recognition of individual performance encourages employees to think and act like an entrepreneur and strengthens their motivation. Fair and performance-related compensation is therefore an important element of our corporate culture. We use success-related salary components to reward the personal engagement and performance of our employees.
Our employees benefit worldwide from a high level of social insurance provisions. In countries where no state social insurance system exists or such a system covers only basic needs, we organize our own measures and initiatives to supplement state health and pension insurance provisions. In terms of health insurance, our employess are covered either by public health insurance plans or have the option of participating in programs offered by the company. One example of this is the USA where public health insurance arrangements are only just being introduced. Here, we offer all employees the opportunity to participate in private health insurance plans. Furthermore, in countries where state pension systems do not provide sufficient coverage, Henkel has established programs allowing employees to participate in company pension provision plans.
