China Benefits Plans & Programs
INTRODUCTION
The following table provides you an overall picture of the Benefits Framework under different entities in China. More detailed site specific benefits defined at local will be presented by your Site HR Partner or recruiter!
CHINA COUNTRY BENEFITS PLANS & PROGRAMS
The following list of benefits are applicable to all Syensqo employees in China:
Benefit type | Benefit description |
| Death | Term Life Insurance: Death by disease. 26*MBS with CNY 100,000 at Minimum |
| Disability | Term Life Insurance: Permenant Disablility by disease. 26*MBS with CNY 100,000 at Minimum |
| Personal Accident | AD&D Insurance: Death or Permenant Disablility by accident. 26*MBS with CNY 400,000 at Minimum |
| Medical (including dental/optical/ hospitalization/critical illnesses/ etc) | Medical Insurance:
|
| Personal Accident | Public Transportation Accident Insurance
|
The following list of benefits are applicable to Grade S21 and above Syensqo employees in China:
Benefit type | Benefit description |
| Company car (may include fuel) | Company car or car allowances: 1) Leased car for employees at S21 and above:
|
CHINA LOCAL PLANS & PROGRAMS
The following list of benefits are applicable to all Syensqo employees at each Site in China:
Site | Legal entity | Benefit type | Benefit description |
| Fengxian | Cytec Engineered Materials Shanghai | Wellness/ Fitness allowance or other similar arrangements | CNY 500/year |
| Changshu | Syensqo Specialty Polymers Changshu | Wellness/ Fitness allowance or other similar arrangements | CNY 500/year |
| STP | All legal entities | Public transport allowance | CNY 270/month, paid through monthly payroll and indicated in individual offer letter |
| STP | All legal entities | Other benefits / perquisites | Holiday allowance CNY 100/month |
| STP | All legal entities | Wellness/ Fitness allowance or other similar arrangements | Flex benefits credits equivalent to 6.5% MBS |
| Branches | All legal entities | Public transport allowance | Transportation Allowance CNY 120/month |
| Branches | All legal entities | Lunch/food allowance/tickets/subsidised cantine/ etc | Lunch Allowance CNY 340/month |
| Branches | All legal entities | Wellness/ Fitness allowance or other similar arrangements | Flex benefits credits equivalent to 6.5% MBS |
The following list of benefits are applicable to all Syensqo shift employees at each Site in China:
Site | Legal entity | Benefit type | Benefit description |
| Zhuhai | Syensqo Specialty Chemicals Zhuhai | Other benefits / perquisites | Shift allowance, CNY 50/Night Shift |
| Hengchang | Syensqo Henghang Specialty Chemicals | Other benefits / perquisites | Shift allowance: CNY 20/day shift, CNY 30/night shift |
| Changshu | Syensqo Specialty Polymers Changshu | Other benefits / perquisites | Shift allowance: CNY 14/day shift , CNY 38/ night shift |
| Zhangjiagang | Syensqo Specialty Chemicals Zhangjiagang | Other benefits / perquisites | Shift allowance: CNY 10 /day shift, CNY 25/ night shift |
| Zhenjiang | Syensqo Chemicals Zhenjiang | Other benefits / perquisites | Shift allowance: CNY 10/day shift, CNY 25/night shift |
| Fengxian | Cytec Engineered Materials Shanghai | Other benefits / perquisites | Shift Allowance: CNY 10/day shift; CNY 33/night shift |
Date last updated:
