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MYTILINEOS GROUP
SUSTAINABILITY REPORT 2011
36
Voluntary Benefits
In trying to help its employees balance their professional and family obligations and improve their position in the labour market, and in addition to the defined
contribution pension plan that it offers, the Group also is also applying consistently an additional benefits plan, outlined in the table below. Furthermore, in an
effort to further improve its work environment, the Group is examining the conditions which will allow it to apply a different policy in this domain, whose principal
characteristic will be the absence of discrimination in the benefits extended to its employees, irrespective of the type of their employment contract.
Basic voluntary benefits* extended by the Group Companies to full-time employees
2010
2011
Life insurance**
v
v
Health and medical care**
v
v
Coverage against disability/incapacitation**
v
v
Parental leave
v
v
Retirement provisions
v
v
Other voluntary benefits* extended by the Group Companies to full-time employees
2010
2011
Additional leave for parents of large families (more than 3 children)
v
v
Housing for non-local employees
v
v
Personnel transport
v
v
Special anniversary gift payments on completion of 10, 20, 30 and 35 years of service with the Company
v
v
Vouchers for Christmas and Easter purchases (extra amount for parents of large families)
v
v
School expenses and scholarships for children of employees
v
v
Organisation of Christmas Event for children with or without the collaboration of the Employees’ Union
(offer of one gift for every employees’ children)
v
v
Organisation of a festive event by the Association of Plant Employees, with contribution from the Company
v
v
Provision of company cars (through leasing) to Company executives
v
v
Company fuel card / E-pass
v
v
Free use of laptops and smartphones
v
v
Interest-Free Loans – Monetary Facilities
v
v
Work gear & Meals
v
v
Children's summer camp
v
v
Theatre tickets and tickets for various cultural events
v
v
Organisation of one trip every two years
v
v
Low canteen prices
v
v
Payment of a fixed amount for childbirth
v
v
Higher compensations for day-labourer layoffs
v
v
Higher compensations for day-labourer retirement
v
v
Night Shift Allowance, depending on specialisation
v
v
Corporate Blood Bank (for use by employees and their relatives)
v
Special life insurance and health & medical care plan for employees working in high-risk areas
v
* These benefits vary between Group Companies. The benefits offered by each company are presented in detail in the individual Company sections of this Report.
** Does not apply to fixed-term employees.
From the data shown in the table below, it is evident that the Group Companies do not encourage their employees who are entitled to paternity leave to take this
leave, so that working mothers may benefit from it and also keep their jobs. Although in the Group there have been no cases of employees who, upon returning
to the Company after taking parental leave (especially women), find that they have lost their job or significant rights associated with it, the Group aims to adopt
a relevant policy which will encourage in a fair manner its employees to use this leave, allowing them to return to the same or to a similar job, while discouraging
any conditions which could impact adversely on their careers.
