A critical component of our company's vision is to be a best place to work. As part of this commitment, we provide our employees with comprehensive compensation and benefits.
Our global total compensation philosophy is to provide market-competitive pay while rewarding employees for individual and business performance. Our total compensation package includes base pay and may include variable pay, such as cash bonuses and stock-based compensation. It also includes market-competitive benefits that vary by country, region and/or role, to help employees meet their healthcare, income-protection, financial, retirement and time-off needs.
Baxter appreciates the increasing demands on our employees to manage their personal and work lives, and respects the need for different approaches to where and when work gets done. Workplace flexibility at Baxter refers to the modification of time and/or location of work, such as telework, flextime (adjusted start/stop times, compressed schedule, shift swapping, summer hours) or less than full-time.
Critical success factors that enable a flexible workforce include manager effectiveness and employee accountability. We provide training for our people managers to reinforce their role in enabling workplace flexibility and provide tools and resources for employees and managers to navigate flexible arrangements.
While the approaches to flexibility could vary based on job responsibilities, the overriding philosophy remains the same everywhere – to support flexibility and our employees’ needs to successfully manage their work and personal lives.