Competitive remuneration

Nexans offers competitive, fair and motivating compensation and benefits packages to attract, engage, retain employees, as well as to recognize and reward individual and collective performance.

Compensation is reviewed annually within harmonized Group compensation processes. Individual salary increases are awarded equitably with consideration of compensation positioning, as well as individual performance and skills.

The compensation structure for managers comprises a fixed portion and a variable portion based on the Nexans E3 model (business performance, employee engagement and environmental protection). Through the E3 model, Nexans managers are collectively encouraged to deploy the Group performance and to make appropriate decisions.

Nexans also implements a long-term remuneration policy through shareholding plans designed to engage managers, executives and experts based on their potential and performance, and to align them with long-term strategy and value creation within the Group.

Employee benefits

Health and well-being are key priorities for Nexans. Employee benefits are an essential component in the Group compensation & Benfits policy. Packages include social protection and other benefits offers in compliance with local regulations and practices. On top of the mandatory benefits and depending on the country, Nexans also offers supplementary healthcare and personal protection plans covering death, incapacity and disability, as well as savings plans.

Overtime is either paid or compensated with time off, depending on the collective agreements applicable in each country and the national laws.

Health and well-being programs

Workplace safety is an absolute priority for Nexans, and a key performance indicator in our CSR plans. Nexans has put in place a Group Safety Policy based on a number of initiatives that have brought real results. Over the past years, Nexans has seen a fall in the number of occupational injuries and illnesses, including lost-time injuries. Since 2010, the Group has reduced the frequency of occupational accidents by 75% and the level of severity by 59%. In 2022, 41% of production sites reported no lost-time accidents involving absences of more than 24 hours.

To promote the health and well-being of its employees, Nexans deploys a range of initiatives in its facilities around the world: raising awareness of breast and prostate cancer, organizing fitness programs and challenges, and swapping best practices between all units.

Internal mobility

Our employees are the cornerstone of our success. For this reason, we aim to make more positions available in-house and to develop a dynamic culture of internal mobility. At Nexans, internal mobility is not just about changes in location or function; it’s about fostering career development, facilitating promotions and enabling employees to discover new opportunities within the company.

Career development is not only a vertical process. It can also be lateral, an equally positive step offering different perspectives and experiences without the pressure of a conventional upward path. All Nexans employees have preferred access to our internal job site with exclusive access to opportunities. This approach not only fosters career development, but also strengthens our confidence in the potential of each team member.

International mobility

Present in 42 countries, Nexans encourages international mobility for managers as part of their career development. This policy also helps us to retain talent, transfer expertise and promote the Group’s corporate values worldwide. The principle of equal treatment is applied to all employees, who benefit from social and fiscal protection based on their individual situation, as well as complete medical check-ups and a security service accessible via their smartphone.