People Reward

Mobility

Opportunities to gain international experience

Within our company and joint ventures, various employment needs arise which provide our employees with opportunities to gain international experience. For our employees who are willing and able to take an international assignment, we offer:

  • Clear and transparent terms and conditions
  • Employee packages which are fair, transparent and adjusted to reflect the cost of living in the new location
  • Additional benefits such as schooling and housing support (depending on the type of assignment)
  • Continuous contact to the home location and repatriation support through a dedicated career manager

Pension & Insurance

Risk insurance benefits are part of our reward package

At Borealis, we continuously monitor the market in the respective countries we operate in to ensure that our coverage is in line with our philosophy. In countries where basic insurance coverage is not the prevailing market practice, we will still ensure that such basic coverage is in place.

Pension benefits, in addition to social security, are offered in most countries. Where possible following prevailing legislation or praxis, employees are offered the opportunity to contribute to their own retirement financial planning.

 

Compensation

We offer all our employees a fair and transparent reward package. It is very important to us that everyone understands what the reward package is composed of

System of evaluated roles

The basis is the systematic evaluation of our roles according to a professional evaluation system linked to our internal grading structure. As pre-requisite this requires an up-to-date role description which defines the core activities and responsibilities of the specific role which is properly correlated in regards to other roles.

Market benchmark

Based on the outcome of the role evaluation, the reward package is prepared based on the grading position and the related compensation structure which is regularly compared with the relevant external market data and developments. In this respect, we ensure that the reward package is both internally and externally objective, non-discriminatory and fair.

Reward package

The reward package consists of the base salary, a possible bonus opportunity and local fringe benefits. Your performance and behaviour can influence the size of your reward package.