Pension and other employee benefit plans are monitored globally by Clariant for relevance, compliance, costs and suitability as a valuable employee benefit. Clariant is aware of the significance of these pension and other benefit plans as a way of retaining staff. These plans are regularly matched with benefits in the respective countries in order to be in line with the current practice. Before every adjustment, Clariant carefully examines the impact the changes have on the employees, and if necessary, conducts direct consultations with them.
No intentional differentiation is made in the company benefits provided by Clariant according to the type of employment contract, but this does not exclude differences depending on the individual case and local circumstances. The deciding criterion in this case is the customary market standard, which is being reviewed within the scope of continuing benchmark surveys. However, a systematic survey has yet to be undertaken.