Benefits

Benefits Far Beyond Compensation: TotalRewards

Compensation is more than a paycheck at NewPage. It’s what we call TotalRewards.

NewPage provides a competitive package that includes:

  • Market-based pay
  • Variable compensation
  • Retirement benefits
  • Health and welfare benefits
  • Professional development programs
  • Vacation
  • Work life balance benefits

 

Your pay and benefits work together to help you meet your personal financial goals, protect your income against loss and prepare you for retirement.

TotalRewards has four components:

  • Compensation
  • Benefits
  • Training and Development
  • Work Life Balance

Compensation

Pay is the financial reward you receive for the hard work you do and challenges you overcome. NewPage provides base salary and bonuses based on factors such as:

  • Market value of your job
  • Your expected contribution as an employee
  • Your performance
  • Performance of the company as a whole

Benefits

NewPage benefits are meant to help take care of your health and well-being. And in the event of the unexpected, they help protect your family financially. We also encourage you to save for the future, and add to your savings power. NewPage benefits include:

  • Medical and prescription drug
  • Dental
  • Vision
  • Flexible spending accounts
  • Life and accidental death and dismemberment
  • Business travel accident insurance
  • Salary continuation
  • Short-term disability
  • Long-term disability
  • Critical illness
  • Long-term care
  • Auto and home insurance
  • Retirement savings plan

Training and Development

Well-trained people are our most important asset and our competitive advantage. We encourage employees to develop themselves continuously for their own advancement and to keep NewPage competitive. Lean Six Sigma is one example of our dedication to development. It’s not just an initiative. It’s core to everything we do. Some of our development programs are:

  • Lean Six Sigma
  • Educational Assistance Program
  • Seminars and other learning programs
  • Leadership Development

Work Life Balance

Work and life affect each other. We all need help sometimes to balance our work and personal lives. Asking for help is often difficult. That’s why NewPage provides many work life benefits and programs to assist you in the balancing act:

  • Vacation
  • Personal leave
  • Bereavement
  • Family medical leave
  • Military
  • Jury duty
  • Employee Assistance Program
  • PerkSpot Employee Discount Program
Benefits Go Far Beyond Compensation at NewPage: TotalRewards