Employees
At Rio Tinto, our core values, Accountability, Respect, Teamwork and Integrity, are expressed through the principles and standards of conduct set out in The way we work. In line with our Employment policy, we seek safe and effective working relationships at all levels within the Group.
We employ people on the basis of job requirements and without discrimination. We are committed to diversity, and aim to build an environment of inclusion where all differences are valued. It is of great importance to us that our employees are properly trained, and that they work in safe, healthy and environmentally responsible ways.
We have a transparent, equitable and competitive rewards strategy that is designed to attract, retain and motivate the skilled workforce essential to driving the success of our business.
- Attract & recruit
- Develop & grow
- Total rewards
- Results
We review base pay regularly and adjust it as necessary, taking into account the individual's role, local market trends, and business and personal performance. This process ensures that employees are paid competitively against the external market and consistently with their internal peers.
Our total rewards package is about more than just competitive base pay. We also offer allowances, bonuses, share plans and healthcare benefits appropriate to the local markets in which we employ people. Short term incentive plans allow individuals to participate in the financial success of the business, while long term incentive plans help align individual objectives with shareholder interests.
There are retirement benefit arrangements in place for many employees. We participate in state arrangements where offered and appropriate, and supplement these with company arrangements in the main jurisdictions in which we operate. The main plans are audited regularly by independent auditors. We use independent advisers and actuaries to ensure that the plans are sustainable and adequately funded.
We not only comply with employment legislation in effect within the countries where we operate, but look to apply a best practice approach to total rewards. We aim to ensure that our reward systems are transparent and equitable. Equally qualified and experienced employees doing the same work to the same standards of performance will receive comparable reward and employment conditions, regardless of gender, age, ethnicity, nationality, sexual orientation, politics, religion or physical abilities, in keeping with requirements of local laws.
