Kraft Foods Inc. (NYSE: KFT) is the largest confectionery, food, and beverage corporation headquartered in the United States.[2] It markets many brands in more than 155 countries. 11 of its brands annually earn more than $1 billion worldwide: Kraft, Cadbury, Oscar Mayer, Maxwell House, Nabisco, Oreo, Philadelphia cream cheese, Jacobs, Milka, LU, and Trident. 40 of its brands are at least 100 years old.[3]
The company is headquartered in Northbrook, Illinois, a Chicago suburb.[4] Its European headquarters is in Glattpark, Opfikon, Switzerland, near Zürich;[5]
Kraft is an independent public company, it is listed on the New York Stock Exchange and became a component of the Dow Jones Industrial Average on September 22, 2008, replacing the American International Group.
Because of its size, Kraft has another employee-retention strategy pretty much built in: It can offer its people a variety of locations and a number of businesses. "If we've got people here in the East who would prefer to move to the Midwest, we have a wonderful opportunity to place them in Glenview, Illinois; Madison, Wisconsin; or Battle Creek, Michigan," says O'Connor. "We also have opportunities to get people into different businesses, where they not only learn new technologies in packaging, but also have an opportunity to interact with other professionals in their field, to expand their own personal networks and to become involved in businesses that display different dynamics.
Every bit as committed to training and career path development as a means of retaining talented people in the packaging R&D department is Cincinnati-based Procter & Gamble. Whether new hires come fresh from a college campus or have experience at another firm, they're hired with the idea that they'll stay with P&G for an entire career. The 'career tent' "We take very seriously the concept of planning for one's career and personal development," says George Vernon, director of packaging R&D at P&G. The company's Work and Development Program is based on the view that managing one's career doesn't cease when one is hired, says Vernon. "So we have a very strong program to help people assess their own personal aptitudes and interest areas." In the packaging area specifically, P&G has created a program called Packaging College. Consisting of 25 courses that usually take 21/2 years to complete, the program goes into polymer fundamentals, processing of polymeric materials, plastic part and mold design, blow molding, film extrusion and more. "The name 'Packaging College' is appropriate," says Vernon, "because I personally think people who make it through that college have the equivalent of a master's degree in the critical skills necessary to design and develop new-to-the-company-if not new-to-the-world-packages. That kind of technical training is very appealing. We find that engineers seem to have a real appetite for learning, so if we can create an environment that has challenging projects and has both in-house and out-of-house technical training on an ongoing basis, then we can meet a lot of those curiosity needs." Vernon also points out that when it comes to retaining people, P&G, like Kraft and other large firms, has size as a significant ally. "We're a large, multi-national company," says Vernon. "We offer people significant lateral moves into different parts of the company, including international assignments. So if a person is interested in packaging, we have some good fits. If they develop an interest in how to develop products with mechanical processes, we have assignments like those. And of course we have assignments in all major geographic locations around the world. So when you come to P&G, it's a pretty large tent, and we try our best to make it a career tent. Not everybody will stay in the same place in the tent as when they joined the company, but we really work hard to make this a career-oriented company, and I'm gratified by the number of people we have who've made 30- and 35-year commitments to this company."
Sustainability is about “meeting the needs of
the present without compromising the ability
of future generations to meet their own needs.”
It’s about conducting business in a way that
is environmentally, socially and economically
responsible. It’s about living today, while being
mindful of tomorrow.
As a food company, we’re especially dependent
on the earth for the raw materials we use every
day to make quality products for our consumers.
And we need to do our part to ensure that the
earth’s resources are properly managed.
The demands being placed on the planet
are growing. Experts project that the world’s
population is going to reach 9.0 billion by
2050. And standards of living are expanding
in much of the developing world. This all puts
incremental strain on the planet. In some
areas, experts find that natural resources
are being depleted faster than the earth can
replenish them. Clean water and arable land
are becoming more and more scarce.
Change is necessary. And we realize we have
a role to play. We are changing the way we
conduct our business both directly and
indirectly to become more sustainable.
We’re here to help people achieve health and
well-being through everyday foods they love—
foods that taste delicious and support their
desire for healthy lifestyles.
We follow four simple principles:
1. Offer better-for-you options
2. Provide consumers clear nutrition
information to make better choices
3. Advertise responsibly to children
4. Promote physical activity and healthy
lifestyles.
Our approach is in line with our commitment to
the World Health Organization and our goal to
create foods that are wholesome and delicious.
In all of our health and wellness initiatives, our
advisory council of globally recognized experts
provides perspective on best practices and
emerging science to help guide our efforts.
Kraft Canada offers a broad array of benefits designed to enable you to build a program that meets your unique needs. When compared to benefits packages at other large, high-performing companies and food industry employers, Kraft Canada's package ranks in the top tier. Through annual evaluation and fine-tuning, Kraft keeps its benefits competitive and maintains their value to employees.
Below is a brief overview of the benefits available to full-time and part-time employees in regular, salaried professional and support positions.
Flexible Benefits Program
With our Flexible Benefits program, employees automatically receive company-paid Core benefits which include employee life insurance, business travel accident insurance, short term disability, long term disability (applies to full-time employees only) and the employee assistance program.
Flex Credits (or company money to “shop” for a combination of benefit options) are also provided. The amount of Flex Credits provided is enough to cover employees and their families for Basic Health and Basic Dental. Full-time employees are also provided with additional Flex Credits to use towards the cost of other benefits. The options include varying levels of coverage for health, dental, long term disability, optional life insurance and accidental death and dismemberment insurance.
Retirement and Savings Program
The Kraft Canada Retirement and Savings Program includes a basic pension plan, plus two optional plans that provide increased retirement and savings opportunities.
Basic Pension Plan
The Basic Pension Plan is a defined benefit plan with a pension benefit based on a set formula. All salaried employees must join after one year of service and contribute 2.5% of earnings up to the Year’s Maximum Pensionable Earnings (YMPE) and 5% of earnings above the YMPE. Upon retiring from Kraft, employees receive a pension for service from the date they joined the plan until they retire.
Optional Pension Plan
The Optional Pension Plan is a defined contribution pension plan, where Kraft will match a portion of your contributions up to certain maximums. The entire account balance must be used to provide income in retirement.
Employee Savings Plan
The Employee Savings Plan (ESP) is a non-registered savings option that can be used to finance retirement or other personal goals. Kraft Foods will match a portion of your contributions up to certain maximums.
Group Auto and Home Insurance Program
Through this program eligible Kraft Canada employees may insure their cars, homes and other personal property at competitive group rates and discounts.
Employee Assistance Program
If you have a personal issue which is affecting your work or your quality of life, then the Kraft Canada Employee Assistance Program can help you and your family. The Kraft Canada Employee Assistance Program is a confidential program administered by Corporate Health Consultants, a well-known and well-respected provider of such programs across Canada.
Scholarship Program
To recognize and support academic excellence, Kraft Canada has established a scholarship program for the children of employees. Each year, eight university entrance scholarships and four college entrance scholarships are awarded to selected students.
Life Insurance Program
Kraft Canada provides basic life insurance at no cost to employees as well as optional, employee-paid group universal life insurance.
Business Travel and Personal Accident Plans
Kraft Canada provides travel insurance for all employees traveling on Kraft business. Employees may also purchase personal accident insurance for themselves and their families.
Disability Plans
Kraft Canada provides employees with disability coverage (both short-term and long-term) to ensure a continuous income should you be unable to work because of a non-occupational illness or injury.
Maternity "Top Up" Plan
Kraft Canada’s Maternity “Top-Up” Plan supplements the Employment Insurance (EI) benefits you receive during the six-week recuperation period following childbirth. The Maternity "Top-Up" Plan is fully funded by Kraft Foods.
Vacations and Holidays
Kraft Canada offers competitive vacation and holiday schedules.
Educational Assistance
Most Kraft Foods business units provide reimbursement to employees who complete approved educational studies at accredited colleges and universities under our program's eligibility guidelines. We pay 100% of tuition costs as well as related academic program fees upon the successful program/course completion.
The company is headquartered in Northbrook, Illinois, a Chicago suburb.[4] Its European headquarters is in Glattpark, Opfikon, Switzerland, near Zürich;[5]
Kraft is an independent public company, it is listed on the New York Stock Exchange and became a component of the Dow Jones Industrial Average on September 22, 2008, replacing the American International Group.
Because of its size, Kraft has another employee-retention strategy pretty much built in: It can offer its people a variety of locations and a number of businesses. "If we've got people here in the East who would prefer to move to the Midwest, we have a wonderful opportunity to place them in Glenview, Illinois; Madison, Wisconsin; or Battle Creek, Michigan," says O'Connor. "We also have opportunities to get people into different businesses, where they not only learn new technologies in packaging, but also have an opportunity to interact with other professionals in their field, to expand their own personal networks and to become involved in businesses that display different dynamics.
Every bit as committed to training and career path development as a means of retaining talented people in the packaging R&D department is Cincinnati-based Procter & Gamble. Whether new hires come fresh from a college campus or have experience at another firm, they're hired with the idea that they'll stay with P&G for an entire career. The 'career tent' "We take very seriously the concept of planning for one's career and personal development," says George Vernon, director of packaging R&D at P&G. The company's Work and Development Program is based on the view that managing one's career doesn't cease when one is hired, says Vernon. "So we have a very strong program to help people assess their own personal aptitudes and interest areas." In the packaging area specifically, P&G has created a program called Packaging College. Consisting of 25 courses that usually take 21/2 years to complete, the program goes into polymer fundamentals, processing of polymeric materials, plastic part and mold design, blow molding, film extrusion and more. "The name 'Packaging College' is appropriate," says Vernon, "because I personally think people who make it through that college have the equivalent of a master's degree in the critical skills necessary to design and develop new-to-the-company-if not new-to-the-world-packages. That kind of technical training is very appealing. We find that engineers seem to have a real appetite for learning, so if we can create an environment that has challenging projects and has both in-house and out-of-house technical training on an ongoing basis, then we can meet a lot of those curiosity needs." Vernon also points out that when it comes to retaining people, P&G, like Kraft and other large firms, has size as a significant ally. "We're a large, multi-national company," says Vernon. "We offer people significant lateral moves into different parts of the company, including international assignments. So if a person is interested in packaging, we have some good fits. If they develop an interest in how to develop products with mechanical processes, we have assignments like those. And of course we have assignments in all major geographic locations around the world. So when you come to P&G, it's a pretty large tent, and we try our best to make it a career tent. Not everybody will stay in the same place in the tent as when they joined the company, but we really work hard to make this a career-oriented company, and I'm gratified by the number of people we have who've made 30- and 35-year commitments to this company."
Sustainability is about “meeting the needs of
the present without compromising the ability
of future generations to meet their own needs.”
It’s about conducting business in a way that
is environmentally, socially and economically
responsible. It’s about living today, while being
mindful of tomorrow.
As a food company, we’re especially dependent
on the earth for the raw materials we use every
day to make quality products for our consumers.
And we need to do our part to ensure that the
earth’s resources are properly managed.
The demands being placed on the planet
are growing. Experts project that the world’s
population is going to reach 9.0 billion by
2050. And standards of living are expanding
in much of the developing world. This all puts
incremental strain on the planet. In some
areas, experts find that natural resources
are being depleted faster than the earth can
replenish them. Clean water and arable land
are becoming more and more scarce.
Change is necessary. And we realize we have
a role to play. We are changing the way we
conduct our business both directly and
indirectly to become more sustainable.
We’re here to help people achieve health and
well-being through everyday foods they love—
foods that taste delicious and support their
desire for healthy lifestyles.
We follow four simple principles:
1. Offer better-for-you options
2. Provide consumers clear nutrition
information to make better choices
3. Advertise responsibly to children
4. Promote physical activity and healthy
lifestyles.
Our approach is in line with our commitment to
the World Health Organization and our goal to
create foods that are wholesome and delicious.
In all of our health and wellness initiatives, our
advisory council of globally recognized experts
provides perspective on best practices and
emerging science to help guide our efforts.
Kraft Canada offers a broad array of benefits designed to enable you to build a program that meets your unique needs. When compared to benefits packages at other large, high-performing companies and food industry employers, Kraft Canada's package ranks in the top tier. Through annual evaluation and fine-tuning, Kraft keeps its benefits competitive and maintains their value to employees.
Below is a brief overview of the benefits available to full-time and part-time employees in regular, salaried professional and support positions.
Flexible Benefits Program
With our Flexible Benefits program, employees automatically receive company-paid Core benefits which include employee life insurance, business travel accident insurance, short term disability, long term disability (applies to full-time employees only) and the employee assistance program.
Flex Credits (or company money to “shop” for a combination of benefit options) are also provided. The amount of Flex Credits provided is enough to cover employees and their families for Basic Health and Basic Dental. Full-time employees are also provided with additional Flex Credits to use towards the cost of other benefits. The options include varying levels of coverage for health, dental, long term disability, optional life insurance and accidental death and dismemberment insurance.
Retirement and Savings Program
The Kraft Canada Retirement and Savings Program includes a basic pension plan, plus two optional plans that provide increased retirement and savings opportunities.
Basic Pension Plan
The Basic Pension Plan is a defined benefit plan with a pension benefit based on a set formula. All salaried employees must join after one year of service and contribute 2.5% of earnings up to the Year’s Maximum Pensionable Earnings (YMPE) and 5% of earnings above the YMPE. Upon retiring from Kraft, employees receive a pension for service from the date they joined the plan until they retire.
Optional Pension Plan
The Optional Pension Plan is a defined contribution pension plan, where Kraft will match a portion of your contributions up to certain maximums. The entire account balance must be used to provide income in retirement.
Employee Savings Plan
The Employee Savings Plan (ESP) is a non-registered savings option that can be used to finance retirement or other personal goals. Kraft Foods will match a portion of your contributions up to certain maximums.
Group Auto and Home Insurance Program
Through this program eligible Kraft Canada employees may insure their cars, homes and other personal property at competitive group rates and discounts.
Employee Assistance Program
If you have a personal issue which is affecting your work or your quality of life, then the Kraft Canada Employee Assistance Program can help you and your family. The Kraft Canada Employee Assistance Program is a confidential program administered by Corporate Health Consultants, a well-known and well-respected provider of such programs across Canada.
Scholarship Program
To recognize and support academic excellence, Kraft Canada has established a scholarship program for the children of employees. Each year, eight university entrance scholarships and four college entrance scholarships are awarded to selected students.
Life Insurance Program
Kraft Canada provides basic life insurance at no cost to employees as well as optional, employee-paid group universal life insurance.
Business Travel and Personal Accident Plans
Kraft Canada provides travel insurance for all employees traveling on Kraft business. Employees may also purchase personal accident insurance for themselves and their families.
Disability Plans
Kraft Canada provides employees with disability coverage (both short-term and long-term) to ensure a continuous income should you be unable to work because of a non-occupational illness or injury.
Maternity "Top Up" Plan
Kraft Canada’s Maternity “Top-Up” Plan supplements the Employment Insurance (EI) benefits you receive during the six-week recuperation period following childbirth. The Maternity "Top-Up" Plan is fully funded by Kraft Foods.
Vacations and Holidays
Kraft Canada offers competitive vacation and holiday schedules.
Educational Assistance
Most Kraft Foods business units provide reimbursement to employees who complete approved educational studies at accredited colleges and universities under our program's eligibility guidelines. We pay 100% of tuition costs as well as related academic program fees upon the successful program/course completion.