Table of Contents
Introduction
About Carrier
Innovating for a Sustainable World
Operations
Our People & Culture
Communities
Governance
ESG Indices
Total Rewards Carrier total rewards philosophy supports our business strategy of attracting, motivating and retaining top talent by being market competitive, aligning rewards to both individual and company performance, and remaining flexible to support changing business needs. Around the world, we want our employees to feel fulfilled at work and in their personal lives, and we are committed to offering competitive benefit programs for all of our employees, monitoring new market developments and enhancing our programs when necessary. The individual plans that make up Carrier’s benefits are designed to balance immediate needs, such as paying for health care, with longer-term focus, like planning for retirement. In most countries, we offer a company-paid Employee Assistance Program to help employees and their family members deal with life’s challenges, including stress, anxiety, depression, marital/family issues, substance abuse, child and elder care solutions, and legal or financial issues.
Additionally, to encourage preventative screenings and healthy behaviors, U.S. employees are eligible for financial rewards in exchange for completion of a health screening/biometric assessment, or annual physical. Our telemedicine program makes care accessible to employees 24/7, wherever they may be. In addition to our global Employee Scholar Program and professional development opportunities, our U.S. employee benefits include: • Retirement Savings Plan
At Carrier, diversity and inclusion are the cornerstones of our values. For our U.S. employees, we offer benefits for eligible opposite gender and same-gender domestic partners of employees, as well as their eligible dependents.
• Health Insurance • Time Off and Additional Vacation Options • Parental Leave • Flexible Work Arrangements • Employee Assistance Program • Part-time Benefits • Adoption Assistance
In coordination with each country’s social welfare system, and in addition to any required local health care participation, we may provide additional benefits based on the market competitiveness in that country. We meet all local regulations related to benefits.
Carrier 2020 Environmental, Social & Governance Report | 47
