Benefits by Major Operations

Newmont’s compensation and benefits programs and practices for employees – of whom more than 99 percent are full time – are designed to be fair and equitable and support our ability to recruit, engage, reward and retain talent in each respective region.

In Australia, our employee benefits include comprehensive medical insurance; an employee and family assistance program; a superannuation plan for retirement savings and general financial planning services; voluntary life and disability insurance; and various paid leave benefits such as holidays. Australia also offers additional benefits such as salary continuation and long-service and bereavement leave. Flexible work arrangements are also available to support the diverse needs of our workforce.

In Ghana, employee benefits include comprehensive medical coverage; life insurance; short- and long-term disability insurance; a defined contribution pension with an employer contribution; a national social security contribution; and various paid leave benefits. Other benefits competitive for the market include a housing allowance; funeral assistance; tertiary scholarships; educational assistance for dependents; severance benefits; wellness services; mobilization; a subsidy on interest on personal or auto loans; malaria prevention devices; and a long-service award.

In Peru, employee benefits include medical insurance with dental and vision coverage; oncological insurance; life and accident insurance; short- and long-term disability insurance; medical evacuation; and paid vacations. Other benefits competitive for the market include funeral assistance, bereavement and immediate family sickness leave, and legal assistance for retirement planning.

In Suriname, we offer employees a defined contribution retirement plan; comprehensive health coverage inclusive of medical, dental and vision; an employee assistance program; life insurance; accidental death and dismemberment insurance; short- and long-term disability insurance; paid leave benefits; and service awards.

In the U.S., we offer a defined benefit pension plan to salaried employees; comprehensive health coverage inclusive of medical, dental and vision; paid family leave; wellness programs; an employee assistance program; life insurance; accidental death and dismemberment insurance; short- and long-term disability insurance; a defined contribution 401(k) plan with a company match; paid leave benefits; tuition assistance and scholarships; recognition programs; and service awards. Additional voluntary employee offerings include legal services, pet insurance, charitable gift matching programs and paid volunteer days. Flexible work arrangements are also available to support our workforce.

On a global basis, stock ownership is awarded under a long-term incentive plan for employees in designated pay grades. Our Medical Benefits Abroad program provides coverage for employees, eligible dependents and Board members for accidents or illnesses that occur during travel on approved business outside the country of residence.