WORKPLACE CULTURE
As a global organization that operates in regions of varying ethnic, religious and cultural backgrounds, FCX values and prioritizes inclusion within its workforce. We strive for, promote and foster a workplace where everyone feels a sense of belonging, is treated with respect and their opinions are valued. We believe an inclusive environment gives our people the confidence to speak up, share ideas that drive innovation and achieve operational excellence. Across cultures, regional teams and dedicated site leaders are tasked with identifying and addressing local challenges and opportunities unique to each operation.
For more information, see our Inclusion and Diversity Policy.
Local Hiring
FCX is dedicated to fostering a culture representative of the communities in which we operate. Given the scale of our business, one of our greatest opportunities to contribute to local communities is through employment and capacity building programs. Local employment directly contributes to the economic and social development of surrounding communities. Moreover, hiring locally incorporates local cultures and knowledge into our company, which can strengthen our programs and enhance global inclusion among our workforce through increased awareness, understanding and diverse perspectives.
We continue to promote job opportunities across host communities, including underrepresented minority groups within our organization, and encourage our contractors to do the same. We retain a limited number of expatriate expertise for managerial and technical roles when the required expertise is not available in local communities. On average, expatriates represent 1% of people employed at our operations globally. Cultural awareness training is available to expatriates and inpatriates for new locations.
Fair and Equal Remuneration Practices
We reward workforce contributions with competitive, performance-based pay and are committed to respecting the rights of our workforce by paying fair and equal wages for equal work regardless of race, color, sex, religion, national origin, sexual orientation, gender identity or expression, disability, age, veteran status or any other characteristic protected by applicable law. Our approach to compensation and benefits is market-based, competitive and informed by annual benchmarking and analysis. This includes equal pay for equal work and compensation levels supporting the acquisition of the goods and services necessary for an average-size family to meet their basic needs in the geographic locations where we operate — often referred to as a living wage.
We periodically conduct internal compensation reviews to identify and address, as appropriate, possible pay gaps that cannot be explained through performance, distribution of jobs, experience, time in role and other legitimate business-related factors. We engage a third-party compensation consultant to evaluate our gender pay equity practices across our global operations. The consultant’s evaluations include robust statistical analyses with detailed compensation reviews of our global employees.
To learn more, please see our 2024 ANNUAL REPORT ON SUSTAINABILITY
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