Our world of choice. Your future.
The wellbeing of our staff is important to us. That's why we have developed a suite of benefits that take the employment partnership beyond the day-to-day relationship.
Citi has best practice compensation and benefits strategies and programs that allow us to attract, motivate and retain our greatest asset - our people.
Compensation @ Citi
Citi's compensation philosophy is to be competitive in the markets where we compete for business and talent. Our aim is to offer internally equitable, competitive levels of compensation based on an individual's demonstrated skills and experience, performance against set objectives - all of which are benchmarked to the external market and the pay practices of our competitors.
Citi's compensation strategy allows us to:
- Attract, retain and motivate
- Fairly reward individual performance and overall contribution to our business
- Create employee wealth and engagement through encouragement of staff to be both an owner and a customer of Citi
- Supports business objectives
Performance Reward @ Citi
At Citi we strive for a high performance culture, in addition to a review of salary, Citi employees are eligible to participate in a variable reward program. All variable reward programs have been designed to clearly link variable pay to an individual's contribution towards department, divisional and company performance.
Equity @ Citi
Employees are asked to “think” and “act” like owners of Citi, to this end, eligible employees may also participate in one or more of the Company's equity/share programs. Details of all equity programs are provided in a Prospectus and our programs can vary from year to year.
Benefits @ Citi
The wellbeing of our employees is important to us. That's why we have put time and energy into developing a large suite of benefits including discounts, financial benefits and wellbeing benefits. As a Citi employee, you will be entitled to the following benefits:
- Discounts on staff banking products
- Pre-negotiated discounts with a number of companies including Apple, Dell, Optus, Telstra, health insurance providers and a number of automotive companies.
- Citi Employee Benefits card that provides employees with access to great value offers at over 2,500 businesses. These range from restaurant and café dining, takeaway chains, hotel and resort accommodation, activities, travel and leisure and retail services.
- Discounted hotel rates across Australia and Asia
- The Citi Staff Purchasing Portal which provides employees with the ability to purchase from a vast range of household and personal products at prices consistently lower than those at retail outlets.
- Access to the Citi-managed Childcare Centre, Trumpets, and options to salary package usage fees (Sydney only).
- Access to Work Life Links, an information and resource service. The service assists employees with balancing work life commitments by providing information and support regarding any type of dependant care, health and lifestyle service.
- Diversity Dimensions, innovative work/life practitioners provide seminars aimed at working parents who are expecting a child or are in the early stages of planning to return to work following the birth of a child.
- Free use of Citi's in-house fitness centre (Sydney only).
- Employee Assistance Program (EAP) for employees and their immediate family members. The EAP can assist with a broad range of personal and work issues including conflict and tension, stress, anxiety, depression, marital or relationship issues, child and family issues, personal trauma and work pressure. All services provided are paid for by Citi.
- The Citi Financial Health Day provides all Citi employees with up to eight hours of leave to attend to their personal finances or to improve their financial knowledge and skills.
- Citi ensures that all employees have Salary Continuance and Death and Total Permanent Disability Insurance through company-paid premiums.
