Pay and reward
Offering competitive pay and motivating benefits is crucial to both attracting and retaining the most talented people to drive our business forward. We consider a number of different elements, which form a total compensation and benefits package for our employees.
Our reward programmes are regularly benchmarked against a select peer group of our major competitors and key players in the local market.
CCGB
We want to give people benefits that are relevant to them and customised to their needs. For that reason, CCGB provides a mixture of core benefits and flexible benefits. Optional benefits for employees include:
- Healthcare
- Dental
- Childcare
- Cycle-to-work scheme
- Additional holiday and insurance
We have a particular focus on the health and fitness of our employees. As well as a subsidised restaurant serving healthy food options, we have a free in-house gym run by a permanent fitness instructor. This provides:
- Free fitness classes
- Yoga
- Stretching
- Personal fitness challenges
- Free induction exercise
A group of employees represents CCGB on all matters of health and wellbeing. Their initiatives include:
- Meditation
- Stress busting treatments (including chair massages)
- Encouraging people to take the stairs and not the lift
- Stop smoking initiatives.
We give all employees an annual statement of the rewards they receive and can access. We also publish a brochure that gives full details of the process. Employees also have access to My Rewards - an online programme that gives employees the option of buying additional benefits.
Both full-time and temporary or part-time employees can take advantage of these benefits, subject to completing a qualifying period.
Flexible Working - CCGB
Summertime hours
As part of our drive to help employees achieve a good work-life balance, CCGB has an initiative that gives employees a longer weekend during summer. Over the three summer months of the year, they can work a four and a half day week.
Pensions
All our employees can enter our pension schemes. At CCGB, they are eligible from their start date.
Pensions are held in funds separate from the Coca-Cola System's financial assets. The fund is looked after by Trustees, who have the legal requirement to act in the best interest of members. Employees' pensions are secured by purchasing an annuity from an insurance company.
- In 2007, the CCGB contribution to employees pensions was increased to 6% from 4%
Dealing with redundancies
CCGB redundancy practices conform to legal requirements and offer an additional package of support, including outplacement.
