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Compensation & Benefits
Our people are critical to our purpose of saving and improving lives around the world. Because our people are our greatest asset, we empower and support them in their professional and personal lives.

We recognize our people's importance by providing an experience like no other. Our suite of valuable  programs and resources, some of which are the best in the country, are designed to be inclusive of the many needs of our people while supporting professional achievement and personal well-being.
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Our programs and resources can be categorized into rewards & recognition  opportunities and benefits & well-being plans and initiatives. 

Our philosophy behind these is rooted on our deep appreciation for life and respect for people. To this end, we work to create an environment of mutual respect, inclusion, and accountability. We reward commitment and performance and are responsive to our employees and their families’ needs.
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Rewards & recognition


Our compensation programs are designed to recognize and reward employees for their accomplishments and the value they bring to the company. The programs target different aspects of individual and company performance and are monitored to ensure that they are competitive with those of other companies—and appropriate to the markets in which we compete for talent.  In addition, we have a longstanding commitment to fair and equitable pay for all, consistent with our core values of integrity, fairness, and treating all employees with dignity and respect. We show this dedication by continuously monitoring our pay practices around the world.

Benefits & well-being  


Our company’s benefits & well-being programs focus on physical, mental, financial and social well-being. They draw from best practices to ensure quality, competitive value, protection from significant financial hardship, and access to tools and resources to support employees and their families at all stages of their career and their lives.

What we offer

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​​​​​​​Compensation programs
We work hard to ensure our people are compensated appropriately and we aim to provide highly competitive pay levels over the long term. We offer a competitive base pay, short- and long-term incentives to support your life journey. 
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​​​​​​​Time off
We provide employees with 12 holidays, four year-end shutdown days and a set number of paid vacation days to use throughout the year based on years of service or on work experience for new hires. We also provide our employees with a variety of paid time off options including:
• Paid parental time off (PPTO) – up to 12 weeks
• Sick time
• Military leave
• Other time off for such things as bereavement, jury duty, voting and volunteering.
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Physical, mental and financial well-being benefits
Our health and insurance programs ensure quality, competitive value, protection from significant financial hardship, and access to tools and resources to support employees and their family members in all life stages.

We offer health, life, disability, and business travel insurance that help protect our employees from the financial impact of unforeseen circumstances.
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​​​​​​​Pension plan & 401(k)
Worldwide, our company offers retirement benefits that are competitive with those of our peers and the general industry in each market we serve.

In the U.S., for example, we offer a defined benefit pension plan as well as a 401(k) plan with company matching contributions. Outside the U.S., we have more than 80 pension plans (including defined benefit, cash balance, and defined contribution plans) in over 40 countries.
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Global recognition program

INSPIRE is our global recognition program designed to help create a culture of recognition and appreciation. We empower our employees to recognize each other for the work they do and how they do it through motivating appreciation messages as well as points and cash rewards. Over three million recognition moments have been shared since launch – a recognition moment every single minute! 
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Global flexible work arrangements
We understand life’s complexity. That is why we foster an array of flexible work arrangements that will help you succeed personally and professionally. Here, you can work, connect, and collaborate efficiently and flexibly. Flextime, summer hours, remote work, telework, job sharing, and part-time work are only a few of our company's options, available consistent with business needs, to help you thrive while managing your personal life. We promote an open, trust-based environment that stimulates you at work and helps you enjoy your personal time.

Click here to learn more about our new hybrid work model.
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Safe & healthy workplaces
We want our employees to be healthy and happy offering them the optimal working conditions with ergonomic workplaces and a range of resources and programs to account for diverse well-being needs. Some of these include fitness, health and meditation resources, coaching and mental health therapy sessions, on-site gyms, sports activities, and nutritional programs. Additional perks include on-site cafeterias and play and relaxation areas, amongst others.

Additional benefits for you

Offering on-site services that support an inviting work environment where employees can thrive is another component of our company’s employee experience.

At the majority of company sites, including the company headquarters in Rahway, N.J., U.S., employees have the option of making an appointment to see a health care professional on site—and usually on the day they need to for such services as immunizations, biometric screenings and treatment for minor aches and pains. The vast majority of sites globally are tobacco-free and many encourage healthy behaviors by having walking trails, on-site fitness centers that provide in-person and virtual fitness classes, personal training and more.
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At many of our sites, we also offer services such as cafeterias, child care, dry cleaning, transportation to public transit and other amenities. In the U.S., our employees have the option of banking through our company’s two employee credit unions, which offer competitive interest rates on savings accounts and lending.

Awards

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Best Employer
Forbes, 2022
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Best Employers Award:
​​​​​​​Excellence in Health & Wellbeing
Business Group on Health, 2022
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100 Best Companies
Working Mother Magazine, 2022
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Top Companies For Dads & Multicultural Women
Working Mother Magazine, 2022
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Gold Standard Company
CEO Cancer, 2022
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Human Rights Campaign’s Best Places to Work
Corporate Equality Index , 2022
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Best Places to Work
Disability Equity Index, 2022
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Best Places to Work
Bloomberg Gender-Equality Index, 2022
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Great Place to Work
 Great Place to Work, 2021
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Latina Style Top 50 Companies
Latina Style, 2022

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This careers website is intended for Residents of the United States, Canada & Puerto Rico. Residents in other markets, please visit our MSD Careers page. Information on this site is for the purpose of presenting career opportunities at our organization and give our audience a view of our culture, diversity and growth opportunities. Our Company is an equal opportunity employer, Minority/Female/Disability/Veteran, proudly embracing diversity in all of its manifestations.