Global Benefits

Our Total Rewards programs are designed to attract and retain top talent so we offer a wide range of benefits that support diversity and cultural differences while ensuring they are compliant and competitive. We seek to be globally consistent and locally relevant, recognizing the differing social and cultural contexts within which we operate, while driving towards minimum global standards of benefits provision. Our guiding principle is “Rewarding great work with great benefits”, and we are continually reviewing our benefits provision.

Compensation

Globally our employees receive a competitive base salary, with eligible employees participating in our short-term incentive program (STIP) which rewards us based on achievement of our financial targets and individual performance. We pay over-time to eligible employees based on local employment laws.

Health & Well-being

At CMC, we are committed to our employee’s health and well-being. We are proud to offer a wide range of benefits that allow our employees to make the best choices for themselves and their families.

Healthcare / Insurance

Our programs are locally managed to ensure we provide the best options to our teammates, and further details are available before hire. Our US benefits include health, dental and vision, as well as life insurance.

Wellness benefits

Benefits vary by location and include onsite gyms, subsidies for gym memberships, and company sponsored sports teams and activities.

Financial education

We work with local providers to ensure our teammates have the information they need to make the best decisions for today, and the future.

Retirement

Today, retirement looks different for everyone. Instead of traditional full-time retirement, many people may plan to work longer or work part time or start their own business. CMC’s retirement plans provide the tools and flexibility employees need to retire comfortably and securely. Our 401(k) plan in the US is market leading, with a non-elective contribution to all US employees as well as an additional match for US employees that choose to participate in the 401(k) program. Around the world we seek to ensure our employees are preparing for their future.

401(k)

Paid Parental Leave

CMC employees who are becoming parents through any means (birth, adoption, surrogacy, fostering, etc.) are entitled to up to 12 weeks of paid parental leave within the year they become parents, regardless of local provision. In jurisdictions where governments mandate more leave, we follow local practice.

12 weeks paid parental leave

Holidays

Our sites around the world follow the local calendar for public holidays, and we enjoy celebrating each other’s holidays around the world. We have a global perspective that encourages our employees to spend time with their families at these precious times.

Paid Time Off (PTO)

Our Paid Time Off (PTO) programs are locally competitive, and we encourage employees to take their entitlements. We all need time off to relax and rejuvenate, as we know time off stimulates creativity and improves performance.

Employee Stock Purchase Program

Our employees around the world can participate in our Employee Stock Purchase Program (ESPP). Employees can elect to contribute up to 10% of their after-tax paycheck, up to $25,000 USD, to buy stock in (NASDAQ: CCMP) CMC Materials at a 15% discount. We want our employees to benefit from the success of our company, and to be stakeholders in our financial success.

15% discount on buying stock in CMC Materials

Tuition Assistance Program (TAP)

We are proud to offer all our employees globally access to our tuition assistance program (TAP). After 6 months of satisfactory performance at CMC, eligible individuals may receive up to US $5250 to support qualifying educational endeavors.

up to $5,250 to support educational endeavors

Global Experience & Flexibility

We value global collaboration and provide opportunities to engage with CMC colleagues around the world. This means that many employees participate in phone calls outside of regular office hours, and we actively encourage and enable flexible working to ensure that employees are able to sustain their commitment and participation. Flexible working is arranged between you and your manager and for eligible employees may take the form of working from home, flexible hours, etc.

Happy Birthday Benefit

As a CMC employee, the company gives you the gift of a paid day off to celebrate your birthday, which you can arrange to take any day during the month of your birthday.

Paid day off to celebrate your Birthday

Community Involvement

CMC Materials is proud to support the local communities where we live and work. Thousands of hours are donated each year by CMC employees from all over the world to make a difference in our local communities. We help protect the environment, promote Science, Technology, Engineering and Math (STEM) education and support those in need. Local programs are managed by employee resource groups and local leadership, and reflect the diverse communities of our teams and the passions which motivate our teams.