Mcdonalds employee stock options
The following information highlights McDonald's benefits for Staff e. McDonald's benefits program is designed to attract, retain and engage talented people who will deliver strong performance and help McDonald's achieve our business goals and objectives. For McDonald's Corporation U. Protecting your and your family's health and financial future is important. That's why we offer the following plans:. The plans have different benefit levels and pay more for in-network covered costs than for out-of-network covered costs. All three of the plans feature a prescription drug program and an unlimited lifetime benefit maximum. In some areas, HMOs are also available. Employees enrolled in one of the four McDonald's medical plans may elect the vision supplement plan, which provides coverage for eyeglasses and contact lenses, plus a mail-order contact lens replacement program, and discounts on Lasik laser vision correction surgery. Our dental plan allows employees to see the dentist of their choice and covers a wide range of dental services. The flexible spending accounts let employees set aside pre-tax dollars to pay for certain health care and day care expenses. Both short and long term stock coverage is provided at no cost to employees. Short term disability provides benefits if employee employee cannot work for more than 10 consecutive days; how long benefits continue depends on the nature of the employee's disability and years of service. McDonald's provides basic life insurance of two times the employee's base salary at no cost to the employee. In addition, employees can purchase additional life insurance coverage for themselves either mcdonalds or universal life. McDonald's provides travel accident coverage of two times an employee's base salary at no cost to employees. Travel accident insurance pays benefits in the event of an accident when traveling for either business or personal reasons. McDonald's also stock business travel accident insurance coverage for employees traveling on company business, also at no cost. Our pay and rewards program follows a "pay for performance" philosophy: The better your results, the greater your pay opportunities. Because employees' base pay is the most significant portion of their compensation, Employee maintains the competitiveness of our base pay through an annual review of both external market data and internal peer data. In our corporate, division and region offices, McDonald's has a broadbanding compensation system. Broadbanding allows for flexibility in terms of pay, movement and growth. Incentive pay provides our employees with the opportunity to earn competitive total compensation when performance meets and exceeds goals. For our corporate, division and region offices, the Target Incentive Plan TIP links employee performance with the performance of the business they support. TIP pays a bonus on top of employees' base salaries based on business performance and their individual performance. Long term incentives are granted to eligible employees to both reward and retain key employees who have shown sustained performance and can impact long-term value creation at McDonald's. Our recognition programs are designed to reward and recognize strong performers. Our company car program provides eligible employees with a company car for both business and personal use. If eligible, employees can choose from a variety of vehicles, depending on their level within the company. The program covers the cost of insurance, maintenance and repair. Taking care of your current and future financial needs options be challenging. That's why we offer the following savings and money management programs:. MCDirect Shares is a direct stock purchase plan that lets employees further build ownership and reinvest dividends in the company. All McDonald's employees can take advantage of a full range of services available through the Corporate America Family Credit Union. This program gives employees access to professional financial planning services through Ameriprise Financial or Merrill Lynch. Balancing work with your life outside of it can be challenging. McDonald's believes that it's important to strike the right balance. That's why we offer many programs designed to help our employees maintain or regain the right balance. McDonald's offers paid vacation for corporate, region and division office employees as well as Restaurant Management employees. The amount of vacation time employees have available depends on how long they have worked at Mcdonalds. In addition, McDonald's offers nine paid holidays less for part-time workers for eligible employees. Eligible employees can take an eight-week sabbatical for every 10 years of full-time continuous service with the company. From mid-May through mid-September, McDonald's corporate, division and region offices' work hours begin a half hour early in order to end early 1: Because employees may be faced with difficult situations that require them to take time from work, McDonald's provides a leave of absence program with specific policies regarding types of leave such as family and medical leave, adoption leave and funeral leave. To help corporate, division and regional office employees better balance their work and personal life, they may be able to arrange an Alternative Work Approach. There are two full-time options flex time and compressed work week and two part-time options part-time schedule and job sharing. Our adoption assistance program helps employee afford the costs associated with adopting a child under age They do not offer discounted stock for children under age 2. Our educational assistance program helps support eligible employees in their efforts to further their education. Our matching gifts program is designed to encourage employee support of not-for-profit organizations. This program gives eligible options access to a broad array of services that help them manage many facets of their life outside the office, including: Concierge services, for help in finding resources for almost anything employees may be interested in; financial services, for help with subjects such as setting a budget, getting out of debt, and any other financial information; legal services, for legal information and, if necessary, referrals to qualified attorneys; and counseling services for professional, confidential assistance for managing problems and personal concerns. Employees can receive discounts on new membership or other rewards for existing membership at participating clubs nationwide, plus discounts on home fitness equipment, and online health and fitness information. McDonald's employees can purchase auto and home insurance through the MetLife Auto and Home Insurance Program. The MetLife Auto and Home Insurance Program offers a McDonald's group rate plus other advantages. BeyondWork is a free Internet discount program for recreational products and services. McDonald's employees in the U. All in all, our benefits programs provide our McDonald's Corporation employees with a valuable and compelling package. We believe you'll find there's a lot to gain from being part of the McDonald's team. The information contained on this site is highlights of McDonald's Corporation benefits and policies for U. The official Plan documents govern in case of any discrepancy between the Plan and the descriptions on this site. Report Abuse Powered By Google Sites. Home Page HRM Power Point Presentations HRM Books Managerial Economics Feedback Recent Site Activity. HOME PAGE Human Resource Management - Definitions stock HRM - Origin of HRM - Objectives of HRM. Highlights of McDonald's Corporation benefits for U. Restaurant Management and Crew employees can be found on the USA Careers site. Your Health and Protection Protecting your and your family's health and financial future is important. That's why we offer the following plans: Vision Supplement Employees enrolled in one of the four McDonald's medical plans may elect the vision supplement plan, which provides coverage for eyeglasses and contact lenses, plus a mail-order contact lens replacement program, and discounts on Lasik laser vision correction surgery. Dental Our dental plan allows employees to see the dentist of their choice and covers a wide range of dental services. Spending Accounts The flexible spending accounts let employees set aside pre-tax dollars to pay for certain health care and day care expenses. Short and long-term disability Both short and long term disability coverage is provided at no cost to employees. Employee and dependent life insurance McDonald's provides basic life insurance of two times the employee's base salary at no cost to the employee. Travel and business travel accident insurance McDonald's provides travel accident coverage of two times an employee's base salary at no cost to employees. Your Pay and Rewards Our pay and rewards program follows a "pay for performance" philosophy: Base Pay Because employees' base pay is the most significant portion of their compensation, McDonald's maintains the competitiveness of our base pay through an annual review of both external market data and internal peer data. Incentive Pay Incentive pay provides our employees with the opportunity to earn competitive total compensation when performance meets and exceeds goals. Long Term Incentives Long term incentives are granted to eligible employees to both reward and retain key employees who have shown sustained performance and can impact long-term value creation at McDonald's. Recognition Programs Our recognition programs are employee to reward and recognize strong performers. Company Car Program Our company car program provides eligible employees with a company car for both business and personal use. Investing in Your Future Taking care of your current and future financial needs can be challenging. That's why we offer the following savings and money management programs: Mcdonalds Shares MCDirect Shares is a direct stock purchase plan that lets employees further build ownership and reinvest dividends in the company. Credit Union All McDonald's employees can take advantage of a full range of services available through the Corporate America Family Credit Union. Financial Planning Services This program gives employees access to professional financial planning options through Ameriprise Financial or Merrill Lynch. Helping Balance Your Work and Life Balancing work with your life outside of it can be challenging. Vacation, Holidays McDonald's offers paid vacation for corporate, region and division office employees as well as Restaurant Management employees. Sabbatical Program Eligible employees can take an eight-week sabbatical for every 10 years of full-time continuous service with the company. Short Fridays From mid-May through mid-September, McDonald's corporate, division and region offices' work hours begin a half hour early in order to end early 1: Leave of Absence Because employees may be faced with difficult situations that require them to take time from mcdonalds, McDonald's provides a leave of absence options with specific policies regarding types of leave such as family and medical leave, adoption leave and funeral leave. Alternative Work Approach To help corporate, division and regional office employees better balance their work and personal life, they may be able to arrange an Alternative Work Approach. Adoption Assistance Our adoption assistance program helps employees afford the costs associated with adopting a child under age Educational Assistance Our educational assistance program helps support eligible employees in their efforts to further their education. Matching Gift Options Our matching gifts program is designed to encourage employee employee of not-for-profit organizations. Employee Resource Connection This program gives eligible employees access to a broad array of services that help them manage many facets of their life outside the office, including: International Fitness Club Network Employees can receive discounts on new membership or other rewards for existing membership at participating clubs nationwide, stock discounts on home fitness equipment, and online health and fitness information. Auto and Home Insurance Program McDonald's employees can purchase auto and home insurance through the MetLife Auto and Home Insurance Program. Mcdonalds BeyondWork is a free Internet discount program for recreational products and services.
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