One of the many ways Colgate rewards excellence in the workplace is through its pay-for-performance philosophy and programs. The Company recognizes success at all levels from individual to business unit to corporate performance by linking compensation to the achievement of established goals and objectives. Our pay-for-performance philosophy ensures rewards are directly linked to the achievement of Colgate's business priorities of Driving Growth, Funding Growth and Becoming the Best Place to Work. Colgate considers these initiatives to be integral to its core goals of fostering profitable growth and increasing shareholder value.
Colgate's executive compensation programs allow it to recruit, motivate and to retain key talent. For executives, stock-based incentives, which comprise a large component of their overall compensation package, reward the long-term sustained success of the company. Colgate’s executive compensation program fosters growth in sales and earnings, increases shareholder value, aligns the interests of executives and stockholders, and attracts and retains the highest caliber of executives in the business. More information about the pay-for-performance philosophy can be found in the “Personnel and Organization Committee Report on Executive Compensation” contained in the Company's Annual Proxy Statement.
In addition to the pay-for-performance compensation programs, Colgate offers a wide array of employee benefits. While specific benefits vary around the world due to local customs and laws, some of them include emergency on-site and at-home child care, academic advisors, tuition and education financial support, on-site lactation rooms, adoption assistance programs and a variety of legal, financial, health and wellness services.
