L'Oreal Rolls Out Employee-Benefit Program Across 67 Countries

L’Oreal said it has expanded the coverage of its L’Oreal Share & Care employee-benefit program to include employees in 67 countries. Offering a universal set of social benefits covering health, welfare, parenthood, and quality of life at work, some of the measures include payment of at least 24 months of salary in the event of death or permanent incapacity, access to major treatments with a reimbursement of at least 75 percent of related costs, and a paternity leave of at least three days paid at 100 percent of the salary. L’Oreal’s subsidiaries have also put in place initiatives, making the company one of the leading employers in each of the countries in terms of social policy.