26 SOCIAL IMPACT EMPLOYEE EXPERIENCE EMPLOYEE BENEFITS We offer compelling and competitive compensation packages to attract, motivate, and retain world-class talent, and we are committed to fair and equitable pay across the organization. Benefit packages may include pension and post-retirement benefit plans, health and wellness benefits, flexible working arrangements, parental (maternal and paternal) leave, adoption assistance, and education-related benefits, which may vary by country. Employee compensation is based on specific circumstances, including role and experience, geographic location, and performance. In addition to base pay, we offer annual incentive awards and equity awards for employees at certain job grades. Family-related benefits for eligible U.S. employees include 20 weeks of paid parental leave, a back-to-work flexibility program, and an assistance program to reimburse employees for up to $10,000 of qualified expenses related to the adoption of a child— regardless of an employee’s gender, marital status, or sexual orientation. As of fiscal 2020, U.K. and Ireland-based employees also receive 20 weeks of fully paid parental leave. Education-related benefits for eligible U.S. employees include a student loan contribution program, offering up to $100 per month toward eligible loans with a lifetime maximum of $10,000, and a tuition- reimbursement program, which offers reimbursement for pre-approved academic courses. In fiscal 2021, we continued to respond to the COVID-19 pandemic with expanded benefits to provide support and assistance during critical times and to help with everyday life challenges. These benefits included, for example, free short-term counseling through programs such as Work Life Connections, an employee and family assistance program that was expanded to a total of 51 countries; additional days of subsidized family care; and pandemic-related support services for employees and family members in certain countries.
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