Croda’s total reward package covers a range of areas across income, health, wellbeing, and balancing work and life.
See below some of the global reward benefits available to our people:
Living wage ambition - We have set out to ensure all employees, wherever they work in the world, will be paid as a minimum, a Living Wage as defined by the Living Wage Foundation. We have met this commitment in the UK and continue to progress our target, working with partners, to define a Living Wage in all countries we operate.
1% Club - The 1% Club is our employee volunteering programme. The programme allows employees to spend 1% of your working time to volunteer within the local community.
Croda International free share plan - The Free Share Plan awards employees with a number of Croda shares, or the cash equivalent, if the performances targets of the Group Senior annual bonus plan are met.
Global flexible working standard - We encourage the use of flexible working arrangements, balancing the requirements of a role with your individual needs. We believe in an inclusive approach to work / life balance, offering trust and support so our people can work in the ways they find most productive.
Global parental leave standard - We recognise the importance of family as a time to adjust and to celebrate. All Croda employees are able to take 16 weeks’ leave at full pay as a primary carer, or 2 weeks’ leave at full pay as a secondary carer. The standard applies to birthing parents or adoptive parents, including same-sex parents. Where local law entitles parents to longer periods of leave, they are able to take this entitlement as a given, and the standard forms part of the overall entitlement.
Share plans - Croda has a number of Share schemes that employees are able to participate in. Our UK and International Sharesave scheme offers employees an opportunity to save an amount of money each month, direct from their wages, with an opportunity to purchase Croda Shares at the end of three years. Employees in the UK also have the opportunity to participate in the Share Incentive Plan.
Personal growth and development - Personal growth through acquiring new knowledge, improving skills, or understanding how we work, is an important aspect of career development that leads to better innovation, more efficient processes, and safer working practices. All our employees have access to thousands of online eLearning courses housed on our MyCroda Learning Platform.
Wellbeing - All our employees are encouraged to take time during the working day to do activities that support positive physical and mental wellbeing. Across Croda, our teams come together to get involved in sports, social and wellness activities. A number of our locations also have a range of support tools, such as wellbeing apps, Employee Assistance Programmes, Mental Health First Aiders, or even physio and meditation sessions.
