BENEFITS

Our employees are the key to our company's success. We demonstrate our commitment to our employees by offering a competitive and valuable rewards program.

Our benefits are designed to support the wide range of goals, needs and lifestyles of our employees, and the people who matter the most in their lives.

Total Rewards

Total Rewards at MSD is comprised of various programs, designed to recognise and reward different aspects of your performance. Our Total Rewards philosophy is to provide employees with a competitive, comprehensive and integrated package of compensation and benefits that supports our combined businesses, as well as a range of employee needs.

Total Employment Package / Total Remuneration - determined by an employee's actual position in the marketplace and sustained performance over time, as well as development of skills and abilities.

Incentive Pay– where applicable, a cash bonus that rewards performance through the achievement of specified objectives, which may include company, division, and individual results.

Long-Term Incentives - equity-based incentives, such as stock options, that recognise employees' future potential for significant contribution to the company.

Live. Work. Play.

Our benefits are designed to make life healthier and happier because we recognise the importance of work-life balance. At MSD, we support our employees in getting the most out of their lives, both personal and professional.

Reward Yourself Program – employees receive three "Reward Yourself Days" per calendar year once they reach two years' service. They are additional discretionary leave days granted above and beyond other leave entitlements and provisions. The Reward Yourself days are an opportunity for colleagues to reward themselves and take the extra time to relax, recharge and re-energise.

Volunteering Policy – all employees are eligible – and actively encouraged - to give back to the community. Employees can volunteer up to 20 hours of their time during regular working hours (over the course of a year) toward Company-approved activities at external, non-profit organisations.

Flexible Work Arrangements – with manager approval, option for flexible work schedules and arrangements to help you balance life's responsibilities.

Education Assistance –for eligible employees, financial support for higher education, including all or a portion of the cost of tuition, registration and other fees.

Medicines Subsidy Policy– employees are eligible for reimbursement of the cost of purchasing company products for themselves and their immediate family, to a capped amount per annum.

Purchased Annual Leave – employees may access the Purchased Annual Leave program once they reach twelve months service.

Additional Company Leave Day – a discretionary company leave day granted for the purposes of a company wide holiday.

Paid Parental Leave –competitive paid parental (maternity and paternity) leave, including adoption leave, with ability to access additional paid leave at this time by using approved accrued leave.

Gym facilities at Granville and North Ryde – including discounted yoga and massage at Granville.

Employee Assistance Program – provides confidential professional assessment, referral, counseling and education services.

Generous Employee Recognition Program – employee reward and recognition program promotes employee engagement.

Competitive Employee Referral Program – be rewarded for encouraging others in your network to join MSD.

Individual Development Plans – a genuine focus on employee development that extends beyond a plan on a page.

Award Winning, Most Admired Team

Work with one of Fortune's Most Admired Companies – in March 2011, MSD was ranked number 2 in the most admired companies in the pharmaceutical industry. In 2011, we topped the pharmaceutical industry list for People Management. And MSD ranked second in terms of Social Responsibility and Quality of Products and Services; with significant advancements in areas such as Quality of Management, Financial Soundness and Global Competitiveness.

Work with an award winning team– MSD was awarded two marketing awards in the 2010 Australian Pharmaceutical Research, Innovation & Marketing Excellence (PRIME) Awards for best Education and best Marketing Campaign.

This site is intended for Australian residents. MSD is a member of Medicines Australia. MSD recommends patients always seek the medical advice of their healthcare professional.