Our compensation program is designed to attract and retain top talent while incentivizing high performance. It includes competitive base salaries, performance-based cash bonuses tied to company outcomes and equity awards that turn employees into stakeholders with dividend benefits.
We also offer programs designed to help employees and their families stay well and access care when needed. Benefit plans, which vary by country, include a 401(k) plan, medical, dental and vision insurance coverage, health savings and flexible spending accounts, wellness programs, life insurance and disability programs.
Along with statutory benefits in place to support families during life events, Cheniere extends additional leave options to aid employees and their families. While balances vary by country, employees in the U.S. receive 6 days of sick time per year and between 3-5 weeks of vacation per year. Additional benefits include adoption, family (e.g., maternity and paternity) leave, paid bonding leave, volunteer time off and family care resources. In most cases, a portion of the leave is paid. Our U.S. programs provide for up to 12 weeks of paid maternity leave when including pay under short-term disability, and 4 weeks of paid leave for nonbirth parents, including adoption. Additional paid leave time is available for military caregivers and covered active-duty service members. Bereavement leave is provided when needed by an employee and their families. Cheniere also provides employees with lactation facilities at our offices and informational resources regarding child care and elder care through the company’s Employee Assistance Program. Additionally, employees at our sites work various compressed schedules (e.g., 4/10s).
The design of our benefit programs is simply a matter of equity — equal health benefits to legal spouses, regardless of gender, and health coverage designed to be transgender-inclusive. We have enhanced our family-forming benefits to complement our current benefit of two rounds of IVF by adding adoption, surrogacy and long-term cryopreservation, all in support of the diverse needs of our workforce, to include the needs of our LGBTQ+ and single-by-choice employees looking to start a family. We also provide paid bonding leave for new parents across the enterprise.