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STAFF BENEFITS

Benefits of working
at Glencore
Mount Isa Mines

Our People.
Our Priority.
Your benefits
As a staff employee of Glencore Mount Isa Mines, you are entitled to a comprehensive range of
benefits aimed at attracting and retaining our most valuable asset, our people.

While it is easy to focus on Accommodation entitlements In addition, you may make


remuneration, other benefits further voluntary superannuation
include training, development and Depending on your position and contributions for yourself (either
recognition programs, special location, you may be eligible pre-tax salary sacrifice subject to
leave provisions greater than the to a range of accommodation legislative requirements and caps, or
basic National Employment entitlements. This may include a post tax) or for your spouse (on a post
Standards, and discounts and rental subsidy, accommodation tax basis).
offers made to our people by allowance or home loan interest
preferred suppliers. This brochure reimbursement for your primary
Mount Isa residence. Glencoresuper insurance
is a guide to the full range of
benefits, however, please consult If you receive an accommodation A basic level of Death and Disability
your contract of employment and entitlement you may also be able to Insurance as well as income
the benefits procedures to see claim a Utilities Subsidy subject to protection insurance is provided
how our benefits program applies the relevant requirements. automatically via Glencoresuper
to you.
Other non-contractual when you join Glencore Mount Isa
accommodation benefits: Mines. Competitive wholesale-priced
premiums are deducted from your
Financial Benefits • Employees can apply for an superannuation account to pay for
interest free loan of $10,000 insurance. You may apply for a higher
We aim to provide competitive to assist in buying or making level upon joining Glencoresuper
remuneration packages, which improvements to a home in without providing evidence of health.
consist of a base salary and various Mount Isa. For information When you leave Glencore, your
allowances. Your financial benefits regarding eligibility, please insurance cover will continue unless
will be specified in your employment contact your Human Resources you choose to have it cancelled.
contract. department.
• Employees and immediate Financial planning
Remuneration packages family members visiting or
Salaries and allowances are reviewed travelling through Mount Glencoresuper provides access to
annually and are adjusted in January Isa can apply for Mount Isa a team of licensed and qualified
at the company’s discretion taking Leisure Accommodation to professional financial advisers who
into account business and economic stay at Parkside Apartments can assess your financial needs and
factors, industry benchmarking and for a maximum of three nights, help you set some realistic goals to
your individual performance. subject to availability. manage your money, reduce debt,
minimise tax, protect you and your
family’s finances with insurance and
Performance Incentive Scheme Superannuation
plan for retirement.

Each year Glencore operates a Glencoresuper is our nominated The initial consultation is at no cost
Performance Incentive Bonus superannuation fund, which provides to Plum members and subsequent
Scheme under which eligible accumulation style benefits as well consultations are offered on a
employees can receive a monetary as insurance in the event of total capped, fee for service basis. No
bonus based on their performance disablement or death. commissions are paid and any fees
and the performance of our business. We will make company contributions charged are agreed before your
The performance incentive scheme is of 13% of your superannuation specific financial goals are examined.
provided at the discretion of the Chief salary. That includes your annual
Executive. salary plus any other ordinary time Salary sacrificing
You have the option to salary sacrifice allowances outlined in your contract
your Performance Incentive Scheme of employment. Unless you choose Salary packaging options are
payment to your superannuation otherwise, the Company contribution available for a number of tax effective
account, subject to certain will be made to Glencoresuper. options such as novated lease
contribution limits. If you choose If you choose an alternative motor vehicles through Toyota Fleet
to do so, you must contact Human approved superannuation fund, Management Gold Fleet discounts
Resources prior to you being notified you may contribute either your full and SG Fleet, Remote Area Holiday
of the payment. superannuation entitlement or the Travel, Remote Area Compassionate
minimum statutory contribution Travel and voluntary superannuation
(currently 9.5%) to that fund. contributions.

2 Staff Benefits
Your benefits
Health Benefits Our Recognition and Rewards people. Development in line with
Program employs a values based personal and business needs
If you have private hospital approach with monthly peer to peer forms part of our Learning and
insurance and you have an excess and management nominations for Development Framework and is
on that insurance the company will safety improvements, demonstration intended to support the reduction
reimburse $250 per FBT year if you of our values through continuous of skill gaps in our workforce and
or a family member is required to go improvement initiatives, breaking maximise the full potential of our
into hospital. down silos or by being a great team people.
Taking an excess on your private player with winners announced
hospital cover usually reduces your quarterly. A North Queensland
Recognition Banquet event is held
Professional Development
annual premiums. You will need to
check with your private health fund annually to acknowledge quarterly We provide support for employees
to see if this option is available to you. winners. who wish to improve their capabilities
Annual Service Recognition rewards through external professional
service of 5, 10, 15, 20, 30, 40 and 50 development opportunities relevant
Fatal accident subsidy scheme
years. to their current or potential future
If tragedy occurs and an employee roles.
is fatally injured at work, then this Professional Development Assistance
scheme is available to provide offers different categories of
financial benefits in respect to their Preferred Supplier
support. We can provide either
spouses, dependent children and Arrangements a shared cost approach, or full
other dependants. reimbursement for associated costs
We have a number of arrangements
with preferred suppliers offering of courses that are of direct relevance
Employee Referral Program (ERP) various discounts to our people and benefit to the business.
including: Costs covered may include course
The ERP is an incentive program
• Corporate Health Insurance fees, airfares, accommodation, paid
for current employees to refer
through Queensland Country special leave to attend compulsory
previous colleagues or professional
Health Fund (QCHF), Bupa residential schools, examination
acquaintances whose qualifications
Australia, and Medibank Private; leave, examination fees, and essential
and experience fit an eligible position
text books and equipment.
within our business. • Banking institutions, mention
you are a Glencore Mount Isa We’ve also recently expanded
Successful employment referrals can
Mines employee to receive the program to include seminars,
be made by current employees who
exclusive benefits through: workshops, conferences and short
meet the eligibility criteria. You could
professional development courses.
be eligible to receive an incentive »» ANZ which provides anz@
payment up to $10,000 for referring work Permanent employees who meet the
a successful candidate to an ERP ongoing eligibility criteria can apply.
approved position. »» Commonwealth Bank
Australia provides a
Workplace Banking Program Professional Association
Glencore Rewards (login Glencore) Membership

Glencore Rewards is the benefits »» Queensland Country Credit Ensuring our people are up-to-date
platform exclusive to Glencore Union offers competitive with the latest practices in their
employees. Enjoy savings, discounts banking products and field and connected to a strong
and special offers at over 400 services; professional network presents real
retailers Australia wide in store and • Enjoy monthly specials and value to our business and our people.
online. savings on computer products Professional Association
Through this program employees across the Lenovo consumer Memberships can provide individuals
and their families can save hundreds range with the Glencore Share with opportunities for professional
of dollars on things such as groceries Lenovo Employee Purchase training, access to contemporary
at Coles and Woolworths, household Program; ideas in their area of expertise
items, holidays and much more. • Shell fuel card; and subscriptions to professional
publications.
• Mazda Corporate Select.
Glencore will provide reimbursement
for one Professional Association
Recognition and Reward
Membership per employee where
We have a range of non-financial Learning and Development there is a business link between the
benefits to recognise and reward the employee’s current position with the
We are committed to maintaining company.
contribution of our employees.
and developing the skills of our

3 Staff Benefits
Your benefits
Glencore Ambassador Program Leave age and under).

We encourage professional We provide a paid portion of parental


We are committed to ensuring you
involvement from our employees leave for the primary care giver,
have every opportunity to balance
within the communities in which we depending on length of service as
personal and family responsibilities
operate. per below. The remainder of parental
with your working life. To support this
leave is unpaid:
The Glencore Ambassador Program we offer a range of leave provisions.
is a voluntary program where EMPLOYEE YEARS OF SERVICE PAID LEAVE

employees can contribute to Annual Leave > 1 years service 6 weeks


activities and programs for local
primary and secondary schools, local For staff employees on a non- > 5 years service 10 weeks
community organisations, and at continuous roster you will be entitled
universities and professional industry If you were the primary care giver
to four (4) weeks paid Annual Leave. If
bodies. and you return from parental leave
you work continuous shift roster you
and remain with the company for a
will be entitled to five (5) weeks paid
further 12 months you will be entitled
annual leave per annum, which will
Apprenticeships to a payment of eight (8) weeks
accrue monthly.
annual salary at your current rate of
Glencore Mount Isa Mines offers pay.
apprenticeships to people who Long Service Leave
aspire to receive a trade qualification Under the Government Paid
in the area of Radio Technician, Your Long Service Leave entitlement Parental Leave scheme, eligible
Diesel Fitting, Fitting and Welding, is thirteen weeks after ten years working parents can get 18 weeks
Electrical, Boilermaking and continuous service, with a pro-rata of government-funded Parental
Refrigeration Mechanic (subject entitlement applying after seven Leave Pay at the rate of the National
to business requirements). The years’ service. After qualifying for Minimum Wage. Under the scheme,
apprenticeship program allows the first entitlement of 13 weeks, you it is an employee’s responsibility to
candidates to formalise their existing will be entitled to a further pro rata lodge his or her claim for Parental
unrecognised skills or develop period of 6.5 weeks Long Service Leave Pay.
qualifications in an area they are Leave for each further five years’ For our employees who are
passionate about. continuous service completed. secondary care givers, they are
entitled to eight weeks of concurrent
Leadership development Compassionate Leave unpaid parental leave in the first
year after the child’s birth under the
A variety of training programs are Upon the death of a family member Fair Work Act. Glencore provides
conducted throughout our business or member of your immediate two weeks of that concurrent
to support all leaders in developing household, you will be entitled to 48 leave as paid leave (over and above
the skills and knowledge they hours paid compassionate leave per legislation).
need to meet the expectations and occasion. Family member includes Please consult the Parental Leave
statutory requirements of their roles. your spouse or de facto, child, parent Procedure for more information.
or parent in law, sibling or sibling in
law and grandparent.
Dedication to workplace training Other leave
We are dedicated to providing Carer’s Leave Other leave benefits provided by
ongoing training that is specific and Mount Isa Mines include:
promotes development through on Carer’s Leave consists of up to 10
the job training and courses. days per annum of your personal • Jury Service;
leave entitlement and may be taken • Defence Reserves Leave;
to provide care or support to a
Tertiary Education Bursaries • Unpaid Community Service;
member of your immediate family
The North Queensland Tertiary or household who requires such
• Cultural Leave;
Education Bursary, previously known care due to illness, injury or other
as the Tertiary Education Grant unexpected emergency. • Approved Study Leave.
Scheme (TEGS), provides financial
assistance to the value of $1,200 per Parental Leave Cashing in Annual Leave
annum to dependants of current
employees who are required to move Employees who have completed one Our employees may voluntarily
away from home to complete their (1) year of service and are the primary cash in accrued annual leave in
full-time tertiary education. caregiver are entitled to 52 weeks accordance with the Fair Work Act.
unpaid parental leave upon the birth
or adoption of a child (12 months of

4 Staff Benefits
Your benefits
Health and Lifestyle Supporting our schools • RACQ LifeFlight Rescue
Helicopter - $150,000 annually
We provide a range of health and Glencore Mount Isa Mines works
closely with local schools to provide • Mount Isa PCYC to refurbish the
lifestyle benefits for our employees
work experience and a range of PCYC – $218,600
and their families.
in kind support that ultimately
creates a pipeline of employment Workplace Giving Program
Employee Assistance Program opportunities for students into the
(EAP) resources sector. The Workplace Giving Program is
a simple and effective way for you
The EAP includes voluntary and Corporate Social Investment
to regularly donate to a community
confidential counselling services Programs
organisation with deductible gift
for employees and their immediate
Since 2004 our Corporate Social recipient status. We are committed
family members through Assure
Investment Programs have provided to supporting the community
Programs to assist with resolving
almost $36 million in the north through the following organisations:
personal, family and work issues
Queensland communities of Mount
which are impacting on your health
Isa, Cloncurry, Camooweal, Townsville
or quality of life. • Australian Red Cross
and Bowen and more broadly
24/7 crisis emergency counselling throughout Queensland, forming • Blue Care Nursing
and I-Care (Indigenous Cultural partnerships with charities, schools,
• Laura Johnson Home
Assist and Response for Employees) community groups and government
counselling support is available as departments to help make a • Leukaemia Foundation
well as a broad range of holistic difference to people across our
• Good Shepherd Catholic Parish
services including financial region. These programs demonstrate
advice, introductory legal advice, our commitment to Queensland • National Heart Foundation
introductory dietary advice, wellbeing and our belief that communities
• RACQ LifeFlight Rescue
coaching and e-counselling. should benefit from our operations,
Helicopter
both in the short term and long
term. Together these initiatives form • Royal Children’s Hospital
Stay in touch programs our Corporate Social Investment Foundation (RCHF) Queensland
program supporting three key
We offer programs that provide • Salvation Army
areas capacity building, health and
a flexible and practical way of
environment. Some examples of • Townsville Hospital Foundation
maintaining professional contact
partnerships include:
with your department during
periods of parental leave. It is a • Mount Isa Hospital Oral Health Your donation will be deducted from
way of providing a network for you Clinic – $2 million your pay prior to tax being deducted,
and maintaining that all important and the donation will be sent directly
link to your department and your • Royal Flying Doctor Service
to the community organisation of
colleagues. redevelopment of the Mount Isa
your choice.
base – $2 million
For information regarding our
• Cloncurry Shire Council for the
Healthy lifestyle Workplace Giving Program and how
Cloncurry Community Precinct –
to join, please contact your Payroll
We regularly promote health $2.75 million
Office.
initiatives throughout the year and • Ronald McDonald House
encourage employee participation. North Queensland supporting
These may include skin checks, flu the construction of a new 12
vaccinations, Quit Smoking, etc. bedroom facility – $1 million
All initiatives are promoted via our • Mount Isa Family Fun Park – $1
intranet as well as notice boards on million
site.

5 Staff Benefits
JANUARY 2019

www.mountisamines.com.au

For more information

General Enquiries
07 4744 2011
Community Feedback Hotline
1800 982 982

Mount Isa Mines Limited


ABN: 87 009 661 447

Central Office
Private Mail Bag 6
Mount Isa Qld 4825

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