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L'Oreal Aims To Expand Coverage of Its Share & Care Program To 100 Percent Of Employees In 68 Markets

May 12, 2015: 12:00 AM EST
L'Oreal is implementing its Share & Care Program employee care initiative in the 68 countries where the company is operating. By end of 2015, the company aims to achieve a 100 percent implementation of the program, which aims to guarantee the best social practices in “welfare, health, parenthood and quality of life at work for its employees. According to the company, it plans to introduce complementary health insurance plans to offer a minimum reimbursement of 75 percent of health expenses for main risks, including surgery and intensive treatments. In 2012, the company paid in seven countries the equivalent of 24 months of salary to the deceased employee's family as compensation in 2012. In 2014, the scheme covered 49 countries, or 72 percent of the total. L'Oreal aims for 68 countries by end of 2015.
"L'Oreal rapidly deploys its global social program “Share & Care” in 68 countries to reach 100 % of its objectives by the end of 2015", L'Oréal, May 12, 2015, © L'Oréal
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