Your 3M pay recognises the meaningful contributions you make to business results. Your pay may include two components: base salary and variable pay. Base pay applies to all employees and is linked to your individual performance each year. Variable pay is offered to eligible employees.
Annual Incentive Plan
For eligible salaried employees, this links a portion of your pay to company metrics. Based on company performance and eligibility, payments are made to employees annually.
Long-term Incentive Plan
Based on your job level, you may be eligible to participate. Includes stock options, stock appreciation rights, and restricted stock units grants for management employees.
Each sales representative's pay includes incentives paid monthly or quarterly, depending on business performance and the business you represent.
Your benefits are an important part of your total compensation at 3M. You are eligible to participate in most of these benefits beginning on your first day of employment.
Defined Contribution Superannuation Scheme
3M supports retirement planning through contributions to a voluntary Superannuation Scheme.
3M allows for a day off for all employees on their birthday.
Employee Assistance Programme
Fully funded, confidential counselling services
to 3M employees and their immediate family.
Employee Stock Purchase Plan
The opportunity to purchase 3M shares at a
discounted rate through payroll deductions.
Employee Study Assistance
Assisting employees wishing to undertake a
course of formal study through Universities,
TAFE Colleges, professional bodies and
associations, which lead to a recognised
Recognising employees who have shown
excellence within their fields. These include
Sales & Marketing Excellence Awards,
Technical Excellence Awards and Pyramid
of Excellence (for areas including customer
service, IT, HR, Finance and Legal).
3M encourages employees to work within
defined core hours to accommodate personal
needs for flexibility. Part-time employment
options are available as well as working from home if required.
Life Insurance and Income Protection
3M provides financial protection to 3M employees and their families in the event of their death and total disability.
Long Service Awards
Recognise 3M employees who have shown
loyalty to the company for five or more years.
An annual service awards dinner is held to
recognise those employees celebrating 15 years service and above.
3M provides a parental leave programme that encourages a phased return to work along with a financial reward.
3M Staff discounts are available on a wide range of 3M products. Purchase is via company store or placing an order.
The Assistance Company Benefits Programme
3M provides access to a retail discount programme, along with free tax advise and free legal advice on taxation or legal matters within NZ.