A musical performance by Procter and Gamble employees at a charity event
Chosen as one of Canada's Top 100 Employers and Greater Toronto's Top Employers for 2013:
By Richard Yerema and Kristina Leung, Mediacorp Canada Inc. staff editors
(Oct 9, 2012)
Some of the reasons why Procter & Gamble
was selected as one of Canada's Top 100 Employers for 2013
- encourages ongoing employee development with generous tuition subsidies (to $5,000 each year) for courses taken at outside institutions and in-house and online training
- provides new mothers (including adoptive mothers) generous maternity and parental leave top-up payments (up to 17 weeks) and follows-up with a variety of flexible work arrangements when they return to work
- also manages an academic scholarship program for children of employees who attend post-secondary institutions -- these include ten annual university scholarships (to $2,000 each) and five annual college scholarships (to $1,000 each)
- starts new employees at three weeks of paid vacation allowance and lets them transfer unused credits from a flexible health benefits plan to purchase additional time off
- helps employees plan for life after work with retirement planning assistance, matching RSP contributions, defined benefit or defined contribution pension plan (depending on the position) and health benefits coverage that extends into retirement, with no age limit
Procter & Gamble Inc. (P&G Inc.) is a leading manufacturer and marketer of a wide range of consumer products.
The company is a subsidiary of Cincinnati, Ohio-based Procter & Gamble Company. Established in 1837, the parent company markets over 300 consumer products, including household names such as Tide, Pampers, Crest, Pringles and Folgers, to name a few. The parent company has manufacturing, distribution and marketing operations in over 80 countries, serving billions of customers around the world each year. Procter & Gamble Canada was established in 1915 as the company's first international operation and today has over 2,000 employees.
Industry: Toiletry Product Manufacturing.
Major Canadian hiring locations: Mississauga ON, Toronto ON, Brantford ON, Belleville ON, Brockville ON, Montréal QC.
Stock symbol: pg.
Revenues: $82,559 million.
Parent company: Procter & Gamble Company.
Full-time at this location: 968.
Full-time employees in Canada: 2,012.
Full-time worldwide: 129,000.
New jobs created in Canada last year: 18.
Part-time employees in Canada: 65.
Workforce engaged on a contract basis: 22%.
Number of applications received at this location last year: 15,680.
Average age of all employees: 42.9.
Longest serving employee: 39.1 years.
Procter & Gamble's physical workplace is rated as exceptional. Procter & Gamble is located in Toronto's bustling "northern" downtown at Yonge & Sheppard. The company's head office building is located above a subway station and offers convenient highway access for commuters. Inside, the office features bright colours and a relaxing decor. One small but interesting aspect of the office is that the President's office is roughly the same size as an entry-level employee's. Inside, the head office features an onsite fitness facility (with subsidized memberships, treadmills, stationary bikes, stairmasters, rowing machines, weights, massage therapy centre, shower facilities and instructor-led classes, such as pilates and muscle conditioning); health services facility (with full-time staff); employee lounge (comfortable seating, magazines, television, Wii video game system, table hockey and foosball table); nap room; religious observance room; onsite cafeteria (marché style layout with subsidized meals, healthy and special diet menus); free coffee and tea; outdoor eating area with barbeque; secure bicycle parking; subway access; subsidized car parkting; as well as an onsite dry cleaner, ATM, coffee shop and convenience store.
Work Atmosphere & Communications
Procter & Gamble's work atmosphere is rated as above-average. Employees at Procter & Gamble enjoy business casual dress; casual dress Fridays; can listen to music while working; concierge services available; employee sports teams; organized social events. Each year, employees enjoy a variety of social events, including a summer celebration, an annual holiday dinner and dance at a Toronto hotel (with over 1,000 employees, retirees and guests) as well as a Christmas party for employees' children. Across the company, departments also host their own fiscal year-end celebrations. The company also celebrates significant employee accomplishments as well as service milestones and retirements. Procter & Gamble also hosts a variety of unique events (in Canada and around the world) to celebrate the diversity of its workforce, including cultural fairs with food, traditional costumes and informative displays. Across the company, Procter & Gamble Canada subsidizes employee teams in several sports, including dragonboat racing, hockey, curling, squash and golfing. The company keeps employees informed about new developments through a company newsletter; corporate intranet site.
Financial Benefits & Compensation
Procter & Gamble's financial benefits are rated as above-average. To keep salaries competitive the company participates in outside salary surveys every 12 months. Individual salaries are reviewed every 12 months. In addition to competitive compensation, Procter & Gamble offers share-purchase plan for all employees; signing bonuses for some employees; defined benefit pension with employer contributions (up to .4% of salary); defined contribution pension plan with employer contributions (up to 1% of salary); matching RSP contributions; life & disability insurance; subsidized home Internet access; retirement planning assistance; phased-in retirement work options; subsidized internet (for telecommuting employees); discounted company products (with sales proceeds donated to the United Way); an online financial modelling tool and one-on-one financial planning counselling for employees.
Health & Family-Friendly Benefits
Procter & Gamble's health and family benefits are rated as above-average. The company's health plan is managed by Sun Life. As part of the health plan, the employer pays 100% of the premiums. The health plan is a flexible plan with adjustable premiums and coverage levels. Employees who work 18 hours per week receive coverage. There is no waiting period before coverage begins. Family coverage is available on the health benefits plan. Retiree coverage is also available on the health plan, with no age limit. The basic plan includes routine dental; restorative dental; orthodontics; eyecare ($200 every 2 years); traditional medicine coverage; alternative medicine coverage; fertility treatment medications; employee assistance (EAP) plan; healthclub subsidy (to $250 each year); medical equipment and supplies; physiotherapy; massage therapy; homecare; travel insurance. The company's family friendly benefits include maternity top-up payments for new and adoptive mothers (to 100% of salary for 6 weeks) as well as follow-up parental leave top payment (to 80% of salary for 11 weeks); parental leave top-up for adoptive parents (to 100% of salary for 6 weeks); health benefits during maternity and parental leave; extended unpaid parental leave option (beyond the first year). Procter & Gamble Canada also provides academic scholarships for children of employees and retirees. The company awards ten university scholarships ($2,000 each) and five community college scholarships ($1,000 each) every year, renewable for up to three years. Additional family-friendly benefits include; post-secondary academic scholarships for children of employees; flexible working hours; 35-hour work week (with full pay); shortened work week (fewer hours with less pay); telecommuting; 36.25-hour standard work week; and a 3 month paid leave of absence every 7 years.
Vacation & Personal Time-Off
Procter & Gamble's vacation and personal time-off are rated as very good. New employees receive 3 weeks of vacation allowance after their first year. Vacation increases after 10 years on the job. Long-serving employees receive a maximum of 7 weeks of vacation each year. Employees can schedule 3 personal days off each year, as needed. Employees can also apply for an unpaid leave of absence. As part of the company's flexible health benefits plan, employees may transfer their unused coverage to purchase additional vacation days.
Procter & Gamble's employee engagement program is rated as above-average. Employees receive individual performance reviews every 12 months. Managers receive training in how to conduct effective performance reviews. Performance feedback is also solicited from co-workers and other managers familiar with each employee's work. As part of the review process employees can provide confidential feedback on their manager's performance. Exit interviews are provided for departing employees. Procter & Gamble Canada recognizes exceptional performance with share options, individual awards that include gift certificates dinners and theatre tickets and a variety of recognition events. Procter & Gamble sponsors its own in-house employee satisfaction survey. (Surveys are conducted every 12 months); Procter & Gamble hires an outside consultant to conduct confidential employee satisfaction and engagement surveys. (These surveys are held every 12 months).
Training & Skills Development
Procter & Gamble's training and skills development program is rated as exceptional. Employees receive tuition subsidies for courses related to their position. (Employer pays up to $5,000 in subsidies). Employees may also receive tuition subsidies for courses unrelated to their current position. (Employer pays up to $5,000 in tuition subsidies). In addition to generous tuition subsidies, Procter & Gamble assists employees with formal mentoring program; career planning services; in-house training programs; online training programs; online employee skills inventory; new employee orientation program; formal management training program. Through its online training program, Procter & Gamble Canada offers over 1,000 courses on a wide variety of subjects. In addition to providing mandatory diversity training for all its employees, the company has a long history of supporting a variety of employee-led in-house intitiatives to address specific workplace issues, including: a Women's Network; the French Canadian Network; the Asian Professional Network; the Gay, Bi-Sexual and Lesbian Employee Network; the Black Professional Network; and the Latin Network. Procter & Gamble Canada is is also a longstanding supporter of the "Inroads" and "Career Bridge" programs, providing student internships for visible minority Canadians.
Procter & Gamble's community involvement program is rated as exceptional. Procter & Gamble Canada actively supports a variety of local, national and international charitable 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. As part of this program, employees receive 2 paid days off to volunteer. Last year, employees donated over 3,000 hours volunteering with charitable projects. Approximately 50 charitable and community organizations were supported last year. As part of its charitable focus, Procter & Gamble has focused its corporate charitable efforts on programs to help young children. The initiative (called "Live, Learn and Thrive) supports charitable programs that ensure children receive a healthy start as well as the places and educational tools to not only survive but thrive as they grow. As part of this focus, the company and its employees supported the New Haven Learning Centre (school for children with autism), the Kids Help Phone, Junior Achievement and the Canadian Association of Foodbanks (donating over $1 million in food and household products annually), to name a few. Internationally, the company's unique "Learn and Thrive" program is a worldwide corporate initiative focused on helping children around the world by working towards the goal of ensuring access to educational facilities and helping build self-esteem and life skills to help them throughout their lives. As part of this initiative, the company is focused on the very basic and important goal of helping provide access to clean drinking water through its signature program, called "Children's Safe Drinking Water". Through this initiative, the company is providing international relief groups with a low-cost technology that is able to purify contaminated drinking water. 2.85.
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