Rewarding careers at Croda

Rewarding careers at Croda Q&A

Question: How does Croda ensure fair and competitive pay globally?

Short answer: Croda benchmarks pay in every location and watches market rates to stay competitive. In 2018, the company set a target to be a Global Living Wage provider. The goal is to pay all employees at least a Living Wage, as defined by the Living Wage Foundation, no matter where they work. Croda has met this goal in the UK and continues to work with partners to define and apply a Living Wage in every country where it operates.

Question: What is the 1% Club and how much time can I volunteer?

Short answer: The 1% Club is Croda's employee volunteering programme, launched in 2004. It lets employees spend 1% of their working time volunteering in their local community, which is about three days a year for a full-time employee. Activities have included planting trees or flowers, repainting schools, and supporting charities. Participation has stayed high over time.

Question: What share-based rewards and savings plans does Croda offer?

Short answer: Croda's Free Share Plan, launched in 2021, gives employees Croda shares, or a cash equivalent, when the Group Senior annual bonus plan meets its targets. It is paid in addition to any local or regional bonus. Croda also offers UK and international Sharesave, where employees save monthly and may buy shares after three years, plus a UK Share Incentive Plan, or SIP, that lets eligible employees buy company shares from salary before tax or other deductions.

Question: What are Croda's global parental leave benefits?

Short answer: Croda's global minimum standard gives 16 weeks of leave on full pay for a primary carer and 2 weeks on full pay for a secondary carer. It applies to birth parents and adoptive parents, including same-sex parents. If local law gives a longer leave period, employees can take that longer entitlement, with Croda's standard forming part of the full package.

Question: How does Croda support personal growth and wellbeing?

Short answer: For development, all employees can access thousands of eLearning courses on the MyCroda Learning Platform, an integrated Development Planning tool linked to Croda's behaviour competency framework, and help from the Learning and Development Business Partner team for in-house or recommended external training. For wellbeing, employees are encouraged to use work time for activities that support physical and mental health. Teams run sports, social, and wellness events, and many sites offer apps, Employee Assistance Programmes, Mental Health First Aiders, and physio or meditation sessions.