Thursday, August 22, 2019

OUR MISSION
For more than a century, L’Oréal has devoted its energy and their competencies solely to one business: BEAUTY. As the world leader in beauty, L’Oreal mission is to provide the best in cosmetics innovation to women and men around the world with respect for their diversity and to enable all individuals to express their personalities, gain self-confidence and open up to others.

OUR AMBITION
BEAUTY FOR ALL, BEAUTY FOR EACH INDIVIDUAL
At L’Oreal, we are convinced that there is no single and unique model of beauty, but an infinite diversity of forms of beauty, linked to periods, cultures, history and personalities… Drawing a greater numbers of women and men to use our products, it means that we are reaching out to extremely diverse populations with a vision of universalising beauty, which is inspired by diversity to innovate.

OUR VALUES
The founding values and ethical principles of the group are expressed in the daily operations of all our teams around the world.

The Group’s six founding values have been embedded in L’Oréal’s genetic code, continuing to this day on expressing themselves in the daily actions of all our teams across the globe.

For over a century, L’Oréal has been devoted to just one business – beauty because of our Passion for it. Passion for what cosmetics can bring to women and men: well-being, self-confidence, an openness towards others. We are passionate for the business, which is intrinsically linked to humanity and culture because creating beauty products means seeking to understand others, knowing how to listen to them, apprehending their traditions, anticipating their needs… Without this passion, the L’Oréal adventure would never have been possible.

Innovation is also one of our founding values. We always have in mind the fact that our company was founded by a scientist. Innovation is essential because beauty is an endless quest that constantly requires a higher level of performance. At L’Oréal, it is vital to push back the limits of knowledge, to discover new ways of creating products that are truly different and surprising and always to stay one-step ahead.

Because there is no innovation without daring, without taking initiatives, L’Oréal has always given priority to the individual rather than to organization. Entrepreneurial spirit, a synonym for autonomy, challenge, and adventure, has always been encouraged and embodied in a specific management style. Today it is still the driving force, which is built on a belief of the importance of each individual and his or her talents.

Another value that has been guiding us since the Group’s foundation over a century ago is Open-mindedness. Listening to consumers and understanding their culture, being open to others and benefiting from their differences are absolute priorities in order to respond to the infinite diversity of beauty aspirations around the world. They are inseparable from our business and our mission.

These four values are inextricably related to our fifth value, the quest for Excellence. A value that permeates every aspect of our business, in every country and that is expressed in a state of mind and a constant pursuit for perfection. We all share this desire to surpass ourselves to be able to provide the best for our customers.

Finally, whether the Group is innovating or showing its entrepreneurial spirit, it has always done so with a sense for Responsibility. L’Oréal’s first invention, the “safe hair dye” was already an expression of this fundamental concern for effective, safe and innocuous products. However, our sense of responsibility goes far beyond that. As a world leader in beauty, we have, more than others, the duty to preserve the beauty of the planet and to contribute to the well-being of our employees and of the communities in which we are present.

OUR ETHICAL PRINCIPLES
Our principles are Integrity, Respect, Courage and Transparency.

Our Ethical Principles shape our culture, underpin our reputation, and must be known and recognized by all L’Oréal employees.

Integrity because acting with integrity is vital to building and maintaining trust and good relationships.

Respect because what we do has an impact on many people’s lives.

Courage because ethical questions are rarely easy but must be addressed.

Transparency because we must always be truthful, sincere and be able to justify our actions and decisions.

GROW WITH US
At L’Oréal learning never stops. That is why we hire lifelong learners and support you in doing what you love.

We invest hugely in our people with a significant portion of our sales turnover, for instance, in 2015, 69 million euros was invested straight back into developing our employees. If you are looking for a company that magnifies your strengths, enables you to acquire cutting-edge skills, and supports your personal development, you are in the right place.

At L’Oréal, we have a “70:20:10” leadership development concept, which means that the majority 70% of learning comes through experience – you roll up your sleeves and get your hands dirty from day one for your experimentation, learning and success. Around 20% comes from learning with or from feedback through your coaches, peers, teammates and buddies and the last 10% is through engaging formal learning in the right training, at the right time – such as online courses, conferences, and workshops. There are countless ways to thrive at L’Oréal.

At L’Oréal, we “build-from-within”, as we believe that there is no substitute for hands-on experience when it comes to leadership development. That is why we give our Junior Talent opportunities to own their projects from day one and encourage them to try new things, even if that means making mistakes because testing and learning are our approach. You will push yourself to take smart risks, to be coached by some of the brightest minds and to find plenty of ways to master your skills each day. When you join us, you will be part of our 6-month tailor-made development program for the newcomers to enable you to meet with the right people at the right time with the assigned buddy and/or a mentor depending on your needs and desires.

HOW WE CARE
Making L’Oréal a great place to work for everyone at everywhere.
While the rewards vary from region to region, creating the flexibility to adapt to different expectations, requirements and ways of life, here is a snapshot of some of the benefits we offer you.

LIFE AND FAMILY
We strive to make a place where you and your loved ones feel cared for at every stage of life. Parental leave, medical coverage and death benefits are only a few of the things we offer.

EXPERIENCE THE WORLD
International missions are essential for our talent development because it gives the opportunity for our employees to enjoy the new and life-changing personal and work experiences. We encourage international missions as it helps both Junior and Senior talents to rapidly acquire experience by being faced with a range of different cultures, business approaches, and market situations. At present, 44% of the Group’s international assignees are under 35 years old.

TEAM FIT – GYM@WORK
To work off the chocolate éclairs, teams can participate in the sports day, which is open every Friday with instructor-led classes in a wide range of activities from fitness class to self-defending “Muay Thai” techniques and green nutrition sharing class. Being the world leading beauty company, wellness is certainly a crucial part in our journey of being the beauty.

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