Compensation and Benefits
Crescent Point is committed to promoting a culture that focuses on entrepreneurial spirit, teamwork and innovative thinking. Offering a compensation package which includes a competitive base salary and savings plan, plus short- and long-term incentives that are designed to reward strong results is one way that we foster that culture. Our Short-Term Incentive Plan (STIP) is a great example of how we drive accountability throughout the organization. Annual goals are proposed by a cross-functional committee of managers throughout the company, with executive input and monitoring, oversight by the Compensation Committee and approval by the board. Our STIP is designed with the flexibility to reward employees for strong corporate and individual results. In addition, through our long-term incentive program, our employees become shareholders and, as a result, have a vested interest in the success of the company.
To support our employees in making health and wellness a priority, we offer a comprehensive benefits plan. Employees receive a health and dental program with added discounts throughout, a health spending account with the option to receive a portion as a health and fitness allowance, critical illness, short term disability, long term disability and life insurance. Employees have access to a comprehensive employee and family assistance program, an expedited scan program and Best Doctors, a second opinion program. Crescent Point also offers company-wide health and wellness initiatives to encourage our employees to maintain a healthy work-life balance.
Our rewards reach far beyond compensation and benefits. Social activities, flex days, paid volunteer time and a learning and development allowance are just a few of the ways we invest in our employees.