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What we offer Rewards and Recognition

Our compensation philosophy is designed to enable us to attract, motivate and retain the finest talents. Our employees are rewarded for their contribution to business results. This is achieved through competitive Base Salary, Variable Compensation plans such as Profit Sharing and an enviable set of benefits. Compensation plans and rewards are transparent, simple to understand and published internally to all employees. We also provide tools for recognition that can either be used by the managers or by colleagues to recognize and value the outstanding performance of others.

ATTRACTING, MOTIVATING AND RETAINING THE FINEST TALENTS

COMPENSATION PRINCIPLES

Our Talents are rewarded for their contribution to business results. This is achieved through the base salary which reflects the responsibilities, the job characteristics, the experience and the potential & performance as well as Variable Compensation plans where pay is correlated to individual and team performance.

EXTERNAL COMPETITIVENESS

Total Cash Compensation for each job in each region is benchmarked annually against external market data from different industries gathered by major data compensation providers and through surveys which encompass the top Flavor & Fragrance houses.

GENDER PAY EQUITY

We believe in equity and fairness in compensation for similar jobs and performance. Our Compensation plans and processes are designed to deliver this.

TRANSPARENCY

The Compensation & Benefits plans and their mechanisms are transparent, simple to understand, implementable and published internally to all employees. Each employee receives each year a Total Reward Statement allowing them to understand the Rewards elements that the Company offers, including both cash and non-cash features.

ALIGNED TO BUSINESS STRATEGY

Our Rewards programs are designed to support our strategic objectives and are tailored in light of each new strategic cycle.

AFFORDABILITY

The design of our Compensation programs ensures that the payments are in sync with the value creation delivered by our business results.
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