Rewards and benefits
Reward strategy
Our reward strategy is aligned with Unilever’s business objective to drive profitable growth and support the creation of shareholder value. Through the various elements of reward our strategy aims to:
- Attract and retain individuals of the highest calibre who are excited and motivated to work for a company whose ambition is to win in key markets and achieve high levels of growth.
- Drive a robust pay for performance culture which encourages entrepreneurial behaviours and a focus on results.
- Provide a market competitive reward package, with the flexibility to vary our core reward package to meet different market requirements.
Key strategic principles
Our reward package is designed to attract and retain high performing individuals who are motivated by the pay for performance principle. We reward performance through a balance between short and longer term business and individual achievement measures.
We seek to drive sharp differentiation of individual rewards based on both business and individual dimensions to ensure that employees are clearly rewarded for their varying levels of contribution. Our package has the flexibility to leverage the key elements to enable pay for performance alignment.
