Wages and benefits

As a principle, employment terms and wages shall be fair and reasonable in line with industry standards to attract and retain highly skilled employees. The Group complies with applicable laws and industry standards on working hours.

Each operational unit is responsible for providing its employees with all mandatory benefits (i.e. pensions, medical and social insurance). In some countries or at some production facilities, the benefits offered are in excess of the mandatory provisions. For temporary employees, benefits provided are in line with local laws and regulations.