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🌟 What Are Global Benefits Principles?
Global Benefits Principles are the foundational guidelines that shape how Camunda designs, implements, and manages employee benefits across all our global locations. These principles ensure that every Camundi receives fair, competitive, and meaningful benefits regardless of their location, role, or level within the organization.
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Our core focus for all countries is to:
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📋 Our Benefits Mission
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✅ We strive to be an Employer of Choice by offering benefits that reward and motivate ✅ Our approach emphasizes Inclusivity, Flexibility, and Market Competitiveness ✅ Benefits are designed to enhance holistic well-being (physical, mental, financial, social) ✅ We provide meaningful choices that address diverse needs across employee life stages |
🌐 Our Seven Core Principles
1. 🏆 Competitive Recruitment & Retention
At Camunda we want to reward our teams for the amazing work they do. That is why we have created our Global Benefits Principles with particular focus in key areas such as Health, Pension, and Group Insurances.
Camunda Benefits Mission Statement
- Employer of Choice: We want all Camundi to feel rewarded and motivated by their benefit offerings.
- Inclusivity: We want our offering to be globally inclusive for Camundi with all different needs while still aligned to market best practice.
- Flexible: We want to enable choice and flexibility to support the needs of our employees .
- Market Competitive: We want to ensure we keep up with and in some cases exceed our competitor’s offerings.
We attract and retain the best talent in the market through competitive Benefit Programs in each country
., with clear definition of our market position.
2. 🌍 Global Consistency with Local Relevance & Equity
We balance global consistency with local market appropriateness in our benefits approach. Where possible
Where we can, we offer
a global benefit. We want our offering to be globallyglobal benefits that are inclusive for all Camundi with
all different needs while still aligned to market best practice.different needs.
Equitability is a core component of this principle - we ensure that we are equitable and do our best to provide benefits that treat entity-based and EOR-based employees equally. Our benefits are designed to be accessible and valuable to all employee demographics, regardless of location, role, or level.
3. 💪 Holistic Well-being Focused
Benefits are not based on performance. Instead,
but insteademployees are offered competitive benefits to enhance the
health andphysical, mental, financial, and social well-being of our global workforce.
4. ⚖️ Equitable & Inclusive Coverage
Equitability is important to us. Where available, Camunda
will ensure there isensures at least one entity-specific plan
availablewith limited to no expense for dependents. Our benefits are designed to be accessible and valuable to all employee demographics.
5. 🔍 Transparency
We are transparent about our benefits approach and provide public documentation on all plans for candidates and employees to access.
6. 📈 Continuous Improvement
Benefits are continuously reviewed. As Camunda scales, we
willuse data and employee feedback to ensure our benefits
areremain competitive for like companies of our stage and size
.Alongside local statutory obligations for certain benefits we also offer core company benefits for everyone, everywhere. No distinction is made between locations, your role or level.
In this section of Confluence you can find information on these global benefits as well as the location specific statutory benefits, and other company programs and perks we offer.
Benefits - Benchmarks & Market Data
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7. 💰 Financial Responsibility
We ensure the long-term sustainability of our benefit programs while maximizing employee perceived value relative to company cost. We establish clear governance for benefit changes and enhancements.
8. 🚀 Implementation Excellence
We strive to make benefits easy to understand, access, and utilize. We regularly measure program effectiveness and make adjustments based on utilization data and feedback.
📊 How We Stay Competitive
To ensure our benefits align with
To enable Camunda to align tobest practices and competitor offerings, we
haveuse two main approaches:
Partner with a Benefits Broker1. Benefits Broker Partnerships
- carry outWe partner with specialized benefits brokers to conduct
annual reviews of our benefit offerings
to ensure, ensuring competitive pricing and
level of cover- In North America we have partnered with Lumity
- For the rest of the world we have partnered with BAS
coverage levels:
- North America: Partnered with Sequoia
- Germany: Partnered with TPC
- Rest of World: Partnered with BAS
2. Market Data Analysis
We regularly compare our benefits against other companies and analyze the
Market Data Analysis - compare our benefits offering against other companies, and analyzeprevalence of existing and potential benefits:
We partner with 3 providers;- Partner with three market-leading providers: Radford, ERI, and Comptryx
- Use data-informed decision making to drive our benefits strategy
- Benchmark against comparable companies in our industry and stage
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When evaluating new benefits or changes to existing programs, we consider these key questions: 1. Strategic Alignment Check
2. Employee Experience Assessment
3. Market Positioning Evaluation
4. Financial Analysis
5. Implementation Planning
6. Evolution & Long-Term HealthAs Camunda evolves, we periodically review existing benefits to determine if they still align with our principles and objectives. This may involve:
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