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For Colleagues in Ecuador

As of January 2025

At Pfizer, our benefits are designed to support the overall well-being of our colleagues, accompanying them through every stage of their personal and professional lives. Below are the main benefits available to colleagues with a direct employment contract with Pfizer Ecuador.

Health and Wellness

WellnessHealth and Well-Being

Pfizer actively promotes the physical, mental, and emotional health of our colleagues through various resources and platforms:

  • Spring Health: Free access to mental health services.
  • Thrive Global: Digital resources for mindfulness and emotional well-being.
  • Grokker: Platform with physical training, yoga, meditation, and more.
  • EXOS: Specialized tool for personalized physical training.
  • Fidelity: Guidance on financial well-being and personal planning.

MedicalMedical and Health Benefits

  • Medical Insurance through Panamerican Life: Pfizer covers 70% of the premium cost, while the colleague contributes the remaining 30%.
  • Major Medical Expenses Insurance through BMI: Pfizer covers 70% of the premium cost, while the colleague contributes the remaining 30%.
  • Pfizer Medication Discount: Annual reimbursement or subsidy subject to a set limit.

Financial Wellness

RetirementRetirement and Income Protection

  • Emergency Loan: Up to three times the monthly salary, repayable within 12 months.
  • Life Insurance through Panamerican Life: Effective from the first day of work, 100% of the premium covered by Pfizer.

Time Off

Time offLeave and Vacation

  • Medical leave up to 3 consecutive days: Pfizer covers 100% of salary.
  • Medical leave over 4 days: The first 3 days fully paid by Pfizer; from the 4th day, Pfizer covers 25% and IESS covers 75%.
  • Treatment for children with degenerative illness: Up to 25 days, taken jointly or alternately.
  • Family care leave: Up to 10 additional paid days.
  • Pfizer Maternity Benefit: In addition to the legal 12 weeks, Pfizer grants: 3 weeks prior to birth + 2 additional weeks under family caregiver leave.
    • During the 12 weeks of legal maternity leave, IESS covers 75% and PFizer covers 25% of salary.
  • Paternity Leave: 12 weeks, continuous or split, applicable until the child turns 1 year old.
  • Adoption Leave: 12 weeks if the adopted child is under 1 year old. Applies to either parent.
  • Breastfeeding: Reduced workday of 6 hours, including 2 hours dedicated to breastfeeding, for 12 months after childbirth.
  • Bereavement Leave: 10 days for the death of a spouse, child, parent, or sibling; 5 days for the death of in-laws, siblings-in-law, or grandparents.
  • Marriage Leave: 3 paid days (applies to either civil or religious ceremony).
  • Birthday Leave: ½ paid day if it falls on a business day.
  • Personal Errands: 2 days per year, without affecting vacation balance. May be used in full or partially.
  • Collective Vacation: Paid time off between December 24 and January 1. December 24 and 31 are additionally granted by Pfizer.
  • Holy Thursday: Paid day off granted by Pfizer in April.
  • Compensatory Days: For personal/family recovery after work activities carried out on mandatory days (Saturdays, Sundays, or holidays).
  • LIFYD Hybrid Model: Hybrid work mode with an average of 2.5 days per week on-site.
  • Flex10 Policy: Up to 10 workdays per year from an alternate location within Ecuador.

Additional Savings

  • Meal Subsidy: Pfizer covers 75% and the colleague 25% of the on-site lunch cost (applies only to administrative colleagues).

Personal developmentRecognition and Benefits

  • Year-End Gift: Included in the December payroll.
  • Christmas Bonus: For children under 12, paid together with the December payroll.
  • Service Milestone Recognition: For 5, 10, 15, or more years of service.
  • Global BRAVO Program: To recognize achievements among colleagues.

Final Considerations

This document is an informative summary of available benefits. In case of discrepancy, the official plan documents shall prevail.

Review the terms, conditions, and eligibility requirements in the corresponding policies.

Pfizer reserves the right to modify or discontinue any of the described benefits.

The detailed benefits do not apply to interns or external colleagues without a direct employment contract.

For more information, contact the Pfizer Colleague Service Center or submit your request through a ticket on Fuse.

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