Total Compensation Philosophy
UL's aim is being an employer of choice and in this context
the employee's total rewards package is an essential component.
As UL we strive to offer a competitive total rewards
package to our employees around the world. Externally
focused, industry-and/or geography-appropriate market
rates are the basis for any compensation and/or benefits
comparison. We compare our total rewards with compensation
and benefits surveys that focus on the leading companies
where we compete for talent and employees.
Open communications to employees on salary structures,
their individual salaries and positioning within the salary
range is key to our continued success.
Through regular assessment of staff performance we differentiate
employee performance and pay accordingly.
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