202: Market Presence

Disclosure 202-1 Ratios of standard entry level wage by gender compared to local minimum wage

Clariant pays wages and salaries that are determined by local relevant competitive market data rather than by legally defined minimum wages (however, minimum wage standards are always adhered to). Therefore, Clariant does not keep statistics of the salaries in relationship to minimum wages.

Disclosure 202-2 Proportion of senior management hired from the local community

 

2016

 

2017

Percentage of senior management at significant locations of operation that are hired from the local community

 

25%

 

75%

Clariant’s global employment standards guideline strives for a diverse workforce and aims to find the candidates best suited for an open position. Clariant is a non-discriminatory employer, hiring and promoting employees based solely on the qualifications and skills required for the work. The recruitment of employees is based solely on their qualifications for the open position and their individual potential. At the end of 2017, about 75 % of the individuals hired at the top four management levels were citizens of the country or had an indefinite right to reside in the respective country in which the hiring part of the Group was located. This number tends to change from year to year as global mobility of employees is becoming more and more a competition factor for the company.