Goldcorp Inc.

Goldcorp's physical workplace is rated as above-average. Located in the heart of Vancouver's Financial District, Goldcorp's head office occupies the top two floors of the 35-storey Park Place office tower. Within easy walking distance of a Skytrain station and Stanley Park, the head office features an employee lounge (with television); onsite cafeteria (with free meals daily) self-serve lunchroom (with lunch deliveries, free fresh fruit, coffee and tea); secure bicycle parking; free parking.

Goldcorp's work atmosphere is rated as very good. On-the-job, employees enjoy business casual dress; casual dress Fridays; can listen to music while working. Throughout the year employees gather for a variety of fun social events, including an annual Christmas party and luncheon, a family Christmas party hosted at the Vancouver Aquarium, golf tournament and dinner and the "Bard on the Beach" outdoor dinner theatre. Throughout the year, Goldcorp keeps employees up-to-date through a company newsletter; corporate intranet site.

Goldcorp's financial benefits are rated as very good. To keep salaries competitive the company participates in outside salary surveys every 6 months. Individual salaries are reviewed every 12 months. Employees may also receive signing bonuses for some employees; year-end bonuses for all employees; year-end bonuses (to $50,000); share-purchase plan for all employees; matching RSP contributions (up to 9% of salary); life & disability insurance; (Goldcorp's share option program is available to its head office employees and senior management employees at their worldwide operations, with options varying with seniority).

Goldcorp's health and family benefits are rated as above-average. Goldcorp's health benefits plan is managed by Great West Life. As part of the health plan, the employer pays 100% of the premiums. Employees who work 20 hours per week receive coverage. There is no waiting period before coverage begins. Employees receive full family coverage on the health benefits plan. The basic plan includes routine dental; restorative dental; orthodontics; eyecare ($400 every 2 years); traditional medicine coverage; alternative medicine coverage; massage therapy; medical equipment and supplies; homecare; employee assistance (EAP) plan; travel insurance; healthclub subsidy (to $750 each year). Employees also receive an annual $500 healthcare spending account (which carries over into the following year, if unused). Goldcorp's family-friendly benefits include (for some employees): fertility treatments; maternity top-up payments (to 80% of salary for 26 weeks); parental leave top-up for new fathers (to 80% of salary for 26 weeks); parental leave top-up for adoptive parents (to 80% of salary for 26 weeks); health benefits during maternity and parental leave. (New mothers receive a 100% top-up for the first 6 weeks of their leave, followed by an 80% top-up for the above 20 weeks.) Additional family-friendly benefits include a bereavement leave (from 3 to 5 paid days each year, depending on distance travelled) and a Family Responsibility leave program (to 7 paid days each year); flexible working hours; shortened work week (fewer hours with less pay).

Goldcorp's vacation and personal time-off are rated as above-average. New employees receive 3 weeks of vacation allowance after their first year. Vacation increases after 5 years on the job. Long-serving employees receive a maximum of 6 weeks of vacation each year. Employees can schedule 7 personal days off each year, as needed. During the Christmas to New Year's holiday break, employees receive an additional 6 days off. Employees can also apply for an unpaid leave of absence. (The company's paid personal days off program are part of the previously mentioned Family Responsibility leave option).

Goldcorp's employee engagement program is rated as very good. Employees receive individual performance reviews every 6 months. Managers receive training in how to conduct effective performance reviews. As part of the review process employees can provide confidential feedback on their manager's performance. Exit interview provided for departing employees; Goldcorp sponsors its own in-house employee satisfaction survey. (Surveys are conducted every 24 months); Goldcorp hires an outside consultant to conduct confidential employee satisfaction and engagement surveys. (These surveys are held every 24 months).

Goldcorp's training and skills development program is rated as very good. Employees receive tuition subsidies for courses related to their position. (Employers cover up to 100% of tuition). In addition to tuition subsidies, the company also supports ongoing career development with subsidies for professional accreditations; in-house training programs; online employee skills inventory; new employee orientation program; formal mangement training program. Goldcorp established the Learning Center at their Musselwhite location, to help employees upgrade their literacy skills or learn Spanish.

Goldcorp's community involvement program is rated as average. Employees at Goldcorp are invited to make suggestions regarding what charitable organizations they would like to support. The requests are reviewed by a sponsorship committee that decides if the initiative aligns with the the company's community initiatives. Employees take part in the selection of charitable groups assisted each year. Employees receive paid time off to volunteer with their favourite charitable organizations. Employees also receive 2 paid days off to volunteer.