Nortel recognizes that our employees are the strength behind our success. This is reflected in our compensation and benefits programs. Rewards at Nortel reach far beyond the paycheck. From health to retirement, to achieving a truly balanced work life, Nortel is committed to helping you build your career and achieve your lifelong goals.

• Benefits
• Work Life Programs
• Flex Hours and Teleworking
• Competitive Rewards and Market Driven Compensation

Our benefits programs provide choice and flexibility! As an employee you would be provided with multiple options allowing you to select benefits according to your personal needs and goals.

Nortel offers to its eligible employee's health benefits (e.g. medical, dental, hearing), security benefits (e.g. life insurance, disability), capital accumulation and retirement programs, time off and several ancillary benefits (see Work Life Programs below). Benefits vary by country and are in line with market practice and legal requirements.

Nortel provides valuable Work Life programs for employees and their families. The work life portfolio provides a range of programs to enhance and safeguard employee's work environment and well-being. This portfolio includes, but is not limited to, the following programs:

• A flexible work environment which may include flexible work hours, telecommuting, job sharing, and casual dress.
• Environment, health & wellness, and safety programs are available in most major locations. Programs may include the following: family programs ranging from child day camps to parenting and financial seminars; fitness classes such as kickboxing, spinning and yoga; leisure courses in scuba diving, kayaking, golf, skating, etc.; and an extensive list of emergency response training programs. In addition, many locations have clubs for the enthusiast in you whether your passion is playing softball, tennis or skiing.
• The Travel Well Program provides pre-travel health and security information for business travelers and assistance with health and security emergencies during travel for employees and their eligible dependents, 24 hours a day/7 days a week, whether they are traveling for business or pleasure.
• Employee Assistance Program which includes confidential, professional short-term counseling and information services available to employees and their eligible dependents for personal, family or work issues that may be causing concern or stress.

Employee Assistance Program which includes confidential, professional short-term counseling and information services available to employees and their eligible dependents for personal, family or work issues that may be causing concern or stress.

Nortel places emphasis on whether a job is done well, not where and when it is done. The "Flex Hours" philosophy applies to many jobs at Nortel. Employees in these jobs are able to set their own working hours and telework when necessary. This flexibility allows employees to better integrate their work into their lives.

Nortel is committed to providing a compensation program that is competitive within local markets. In addition, employees know that when Nortel succeeds, we all succeed! Therefore, we also provide incentive plans that are directly tied to individual contribution and Nortel's overall business success. Our comprehensive program varies by region and by job but may include things such as stock options, performance based bonuses, and stock purchase plans.