Libbey has defined an overall rewards strategy called the "Total Pay Plan". It is grounded in the Company's values and is designed to:
- Encourage Libbey employees to continuously improve performance
- Promote the concept of ownership - in the Company and of your individual results
- Provide flexibility to support workforce goals and respond to dynamic business needs
- Allocate resources to maximize value
- Encourage and reward the right behaviors
- Promote and support a focus on the customer - both external and internal
- Support Libbey's goal to be a high performance company
Components of the Total Pay Plan include compensation, health and welfare benefits, retirement benefits, a stock purchase plan, paid time off, and developmental opportunities. Click on the appropriate link for more information about each of these elements of our rewards package.