Competitive, performance linked, clear and flexible
The fundamental principles of BG Group’s reward philosophy are to make sure:
- The remuneration package we offer is competitive in the markets in which we operate
- Reward is strongly linked to individual performance and that individual contribution is matched with the appropriate levels of reward
- Reward is simple to understand and straightforward to value
- Reward is flexible - although reward is built around a central infrastructure that captures all the things BG Group employees share, we are able to adapt to the different markets, business challenges and employee populations around the world
The main elements of our global reward arrangements are:
- Base Salary
- Short Term Incentives – the Annual Incentive Scheme
- Long Term Incentives - Share Plans
- Benefits
To make sure we remain competitive, we participate in, or commission, external salary surveys to benchmark BG Group jobs against similar jobs in the market. Benchmarking takes into account the role, skill set, scarcity and location.