Understanding
your Total Rewards
This series will help you to better understand how you’re rewarded at Molson Coors and why we reward you in this way. It also provides transparency on how we set Base Pay and how we make Base Pay increase decisions.
How we reward you has a big impact on how you feel at work, your motivation, and the contributions you make to our growth. Total Rewards, including how you’re compensated, is important because it shows our commitment to you. We want to be open and honest about what we provide too.
Our Total Rewards form a key part of our unique and vibrant culture, where we put our people at the heart of everything we do. They are our way of investing in you and your loved ones. When you feel supported, you can be your best self at work and focus on contributing to the business.
We put our people first, so we promise to pay everyone fairly and equitably for their work. Total Rewards is more than just your pay slip. For all employees (non-negotiated and negotiated), it includes the items below. Scroll over each one to find out more.
There are also non-financial rewards available to all employees, designed to enhance your overall experience with us, which include:
To learn more about how you’re rewarded in your specific country, please access your YOU benefits platform or speak to your local HR team.
At Molson Coors we’re dedicated to rewarding employees fairly and equitably because it’s the right thing to do.
Our focus on fair and equitable pay in every market we work in guides the policies, processes and decisions we make. This is based on our pay commitments.
Pay equity doesn’t mean paying everyone the same. It means paying equally for work of equal value and ensuring any differences in Total Rewards are for objective reasons, like performance, skills and experience.
We ensure that the Total Rewards we offer are:
We have strong policies and processes to make sure we pay people competitively considering job market value, skills, experience, and performance.
Our decisions are based on robust and reliable data from both internal and external sources. We work to identify and fix pay gaps, aiming to eliminate them by 2026.
We are committed to non-discriminatory practices, ensuring pay differences are based on factors like performance and experience, not gender, ethnicity, age or other personal characteristics in line with local laws.
We want you to clearly understand our Total Rewards policies through education and transparency.
We aim to provide a good standard of living for our employees and their loved ones by ensuring we pay a living wage in every country. The wage reflects local culture and country norms, so can vary between countries.
Two key elements play a crucial role in determining how you are rewarded. Click each one for more details.
In Part 2 of this series, we provide you with more detail on how Base Pay is determined and an explanation of what this means for you.
