I get
kudos
Here are the points you receive depending on your seniority: 5, 10, and 15 years.
I’m enjoying
my kudos
You are free to swap them for 3 options that will bring you 100% satisfaction.
Why Kudos* Program?
Because you actively contribute to OVHcloud’s success, year after year.
If the company is what it is today, it is thanks to you, your ideas, your time, your energy, your perseverance…
This is its way of showing appreciation and thanking each of you for being part of this collective experience, for growing with it, and for continuing to make a difference every day.
In short, the Kudos Program celebrates your journey at OVHcloud and gives you the freedom to choose gifts that will bring you 100% joy!
*This Greek term [κύδος / kýdos; ‘what one hears about’] is used to express gratitude, to congratulate someone 👏 for a remarkable act, and it’s fitting since it’s exactly Kudos Program’s mission.
How to get kudos?
Your time at OVHcloud has already brought you quite a bundle of memories, hasn’t it?
Now, they also enable you to get kudos, depending on your seniority and the tiers below.
Good to know
If you have reached 5 years of seniority or more as of August 31, 2023, you will get 1,500 kudos this year!
Have you already passed the milestone of 10 or 15 years of seniority (and you still call OVHcloud ‘OVH’ 😀)?
So, you will continue to enjoy additional kudos in 2025 and 2026*!
* provided that being still with the Group at the start of the 2025 and 2026 option periods.
How to enjoy your kudos?
You have from April 15, 2024 (10:00 am CEST) to May 3, 2024 (11:59 pm CEST) to swap your kudos.
The 3 options appeal to you? Choose exactly what you like, down to the last euro!
How to make your choices?
You can choose to select only one option or all of them.
The choice is entirely your and remains adjustable at any time until May 3, 2024 (11:59 pm CEST). #Tick #Tock
- Each option has its own specificities (contributions, fees, etc.), defined by the country where you tax domicile is located.
- The default option is payment. Without your choice by May 3, 2024 (11:59 pm CEST), the total amount corresponding to all your kudos will appear on your payslip for the month of June 2024, under the heading 'Kudos Program'.
- The exchange rate according to the Central Bank on May 31, 2024 will be used to convert the amount to local currency.
EXAMPLE
1 kudos = 1,2 euro
I received 1,500 kudos, corresponding to the value of €1,800, before taxes & charges.
I have decided to
- Receive €600* as a payment
- Choose €600** in gift cards
- Invest €600** in the FCPE OVHcloud Shares
*Assuming charges of 3.70%, the amount will be €600 - €23 = €577.80. The net amount paid = 577.80€.
** No charges and tax as it is considered as fringe benefits.
If value of the fringe benefit received in the year (1 April to 31 March) exceeds $AUD 2,000 for an FBT year, the ‘grossed up’ value of those benefits should be included in your income statement or payment summary.
