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Benefits




A group’s privileges

Please note that the benefits offered by Canam Group may differ from one region to the other.

Remuneration
We recognize the importance of having working conditions that are fair and equitable and that are competitive with market practices. To this end, our pay structures are reviewed on a regular basis. Each employee meets annually with his immediate supervisor to take stock of the last 12-month period, discuss the employee’s development needs, plan development activities and talk over the employee’s career goals and aspirations. This meeting also provides the opportunity to discuss the employee’s salary review.

Group insurance
We offer a complete range of benefits, including life insurance, short- and long-term disability insurance, health and dental care as well as a travel assistance program for employees who travel outside the country. The group insurance plan has a flexible approach to better meet the specific needs of employees with individual or family coverage.

Pension plans
Financial security becomes an increasingly important part of retirement planning over time. We are well aware of this fact and offer all employees the opportunity to plan for a more comfortable and enjoyable retirement. All employees are eligible to join one of the company’s pension plans. Both the employee and the employer contribute to these plans.

Employee Assistance Program (EAP)
Our aim is to help employees balance their professional and family lives. The EAP is a confidential service available to employees who are going through a difficult time. It allows employees to get professional counselling or information.

Recognition programs
We are committed to recognizing employees for their loyalty and dedication over the years. A celebration is held each year to honor employees who have reached milestone years of service and retired employees as well. Employees receive gifts that are commensurate with their years of service.

The outstanding achievements of our employees are rewarded under a program called the Canam Merit Program. We believe that the people best suited to submit ideas for continuous improvement and to help implement them are our employees.

Profit-Sharing Plan
We understand the importance of sharing the company’s financial success with all employees. That is why we have a profit-sharing plan. The payments are quarterly and based on the company’s earnings. Senior managers also have a profit-sharing plan, which is in keeping with market practices.

Flexible work schedule
Our employees benefit from a work schedule adapted to their needs. A flexible work schedule, offered at a number of our business locations, allows employees to successfully juggle work with the demands of family life.

Social activities
We encourage our employees and their family members to get to know one another outside the work setting by taking part in social activities organized by the company or the social club, where applicable. The company contributes financially to activities organized by a facility's social club.

Open and transparent communication
We are strongly committed to keeping employees up-to-date on new developments within the company through an open and transparent communication process. We already use various communication tools, such as the intranet, newsletters and bulletin boards, to keep all our employees well informed. Employees are convened every three months to an information meeting for a presentation on the company's performance over the previous quarter. They are briefed on the company's financial results, the latest news, projects, transfers, appointments, new employees and the profit-sharing program. Regular team meetings are also organized for shop employees.

We also want employees to feel comfortable approaching their supervisor or any member of management. Managers have an open-door policy to encourage dialogue between employees and their employer.

Continuous training
We believe that continuous training is a key element in fostering the development of our employees and ensuring succession planning. We strongly urge all employees to make their training needs known. Each individual's training needs are taken into consideration, and group training is provided where necessary.

Advancement opportunities
Professional development and career advancement are part of our corporate culture. We consider our own employees for promotions by posting job offers before looking outside the company to fill vacant positions.

Copyright © 2005-2012, Canam Group Inc., All Rights Reserved.
Last Update: 01/20/2009 10:47:23 AM