Colgate-Palmolive
Headquarters:
300 Park Avenue
New York, NY 10022
Phone: (212) 310-2000
Employees: 34,700
CEO: Ian Cook
Stock Symbol: CL
Website:
http://www.colgate.com
Career Site
Colgate-Palmolive is a leading consumer
products company known for its products focused on Oral Care,
Personal Care, Home Care and Pet Nutrition.
Colgate sells its products in over 200
countries and territories around the world under such internationally
recognized brand names as Colgate, Palmolive, Mennen, Softsoap,
Irish Spring, Protex, Sorriso, Kolynos, Elmex, Tom's of Maine,
Ajax, Axion, Soupline, and Suavitel, as well as Hill's Science
Diet and Hill's Prescription Diet.
In 2006, the company reported record sales
of $12.23 billion and net income of $1.35 billion. North America
made up 21% of company sales.
Colgate's leadership of the U.S. toothpaste
market continued to grow in 2006, with its ACNielsen market share
reaching 37.3% year to date, up 50 basis points versus the year
ago period and nearly three share points ahead of the nearest
competitor. The strong growth was led by Colgate Total toothpaste
which reached an all-time record high market share of 14.3% for
the year. Colgate's share of the manual toothbrush market is
also at a record high at 23.8% year to date, up 140 basis points
versus year ago.
History
In 1806 William Colgate opened a soapmaking
business in New York called Colgate & Company. It
was not until the 1830s that the company began selling individual
bars in uniform weights. In 1872 Colgate introduced Cashmere
Bouquet, a perfumed soap. In 1908 they sold their first tube
of toothpaste.
In the Western United States, the B.J.
Johnson Company was making a soap entirely of palm and olive
oil. The soap was popular enough to rename their company after
it - Palmolive.
A Kansas based soap manufacturer known
as the Peet Brothers merged with Palmolive to become Palmolive-Peet.
In 1928, Palmolive-Peet joined the Colgate Company to create
the Colgate-Palmolive-Peet Company. In 1953 "Peet"
was dropped from the company name, leaving only "Colgate-Palmolive
Company". (Source: Wikipedia)
Benefits
Salary and Rewards
Colgate rewards success. The greater the success, the greater
the reward. We proudly offer:
- Generous Salary and Vacation plus 14 holidays
- Bonuses and Recognition Awards
- Stock Ownership for all employees
Medical
For Colgate people and their families (including domestic partners),
our medical plan options include Health Maintenance Organizations
(HMOs), two Point-of-Service (POS) plans and a Prescription Drug
Plan.
Dental
As the World Leader in Oral Care, Colgate is proud to offer employees
an excellent dental program covering a wide range of services.
Flexible Spending Accounts
Colgate's Flexible Spending Accounts (FSAs) provide a tax-effective
way to cover expenses for dependent care as well as for expenses
not covered under healthcare or dental programs.
Disability
We offer two types of disability benefits:
- Short-Term: Full salary for up to 26 weeks
- Long-Term: Either 50%, 60% or 70% of earnings after 26 weeks
up to age 65 (depending upon options selected)
Life Insurance
Colgate provides the following:
- Life Insurance for employees
- Life Insurance for employees' dependents
- Accidental Death and Dismemberment Insurance (AD&D)
- Travel Accident Insurance
- Option to purchase additional coverage at low group rates
Planning for the Future
To ensure Colgate People enjoy a secure, comfortable retirement,
we offer three programs:
- 401 (k) with up to 70% matching company
contribution
- Profit sharing based on business results
- Company-funded retirement plan
Additional Employee Programs
Our progressive work/life programs, which have helped Colgate
earn recognition as a "Best Place to Work," include:
- Near-site back-up childcare centers
- Emergency in-home care for dependent children and adults
- Academic Advisory Services and Tuition Assistance
- Personal Service, including health & wellness, legal, and
financial
- Counseling Services
- Relocation Assistance
Updated January 11, 2008
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