Philip Morris International

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  • Topic: Tobacco, Altria Group, People's Republic
  • Pages : 1 (341 words )
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  • Published : March 17, 2013
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Philip Morris International:
Philip Morris International Inc. (PMI) is the leading international tobacco company, with products sold in approximately 180 countries. In 2011, the company held an estimated 16.0 percent share of the international cigarette market outside of the U.S., or 28.1 percent excluding the People's Republic of China and the U.S. In terms of market share, they are the number one company in 13 markets and number two in a further ten of the 30 largest markets by cigarette industry size. The company’s aim is to generate superior returns for shareholders, provide high quality innovative products to adult smokers, and reduce the harm caused by tobacco products. They work toward this last goal by supporting comprehensive regulation based on harm reduction and developing products with the potential to reduce the risk of disease. Working with this company means joining a global leader in the tobacco industry. And with over 78,000 employees speaking 80 languages across the world, they are proud of their cultural diversity. As an employee here, one will expand his/her horizons in a truly international environment. The company will support an employee’s growth as a PMI employee through individual development and structured career management. Their strong reward and recognition programs are designed to encourage an employee’s achievements and foster the potentials. PMI’s diversity of departments and the roles within them provide numerous opportunities for one’s career to take shape.   The Total Remuneration approach is designed to be competitive, promote performance, and encourage superior achievement while ensuring internal equity. The company benchmarks their remuneration practices against other selected high-performing companies to offer the employees market-competitive compensation and benefits. The company’s compensation and recognition programs are designed to reward the employees for their capabilities and accomplishments. The benefits programs...
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