This report analyzes and compares MARRIOTT INTERNATIONAL's employee health insurance and employee benefits with its industry and in Maryland State.
Providing a smart employee benefits package is critical for attracting top talent and retaining valuable employees. Today, employee benefits play a vital role when candidates consider accepting a job offer.
Many companies offer today over-the-top perks, like yoga classes, haircuts, catered meals, and acupuncture. In this report, we focus however on traditional benefits. It's a work in progress that we will expand and update on a regular basis.
This report contains the following sections
Career benefits
MARRIOTT INTERNATIONAL offers good career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. MARRIOTT INTERNATIONAL believes that every employee has a valuable set of skills so it helps them plan their careers with good developmental resources and mentorships.
- CAREER PLANNING: MARRIOTT INTERNATIONAL believes that career planning of each employee is a key to a successful business and offers suitable opportunities so that the employees can reach their full potential. MARRIOTT INTERNATIONAL has suitable resources at its disposal to achieve this goal.
- COACHING AND MENTORING: MARRIOTT INTERNATIONAL believes that an extraordinary coaching and mentoring program is necessary for the employees to thrive, expand their skill set, and become the best in their field.
- DEVELOPMENT RESOURCES: MARRIOTT INTERNATIONAL encourages its team members to work on their existing skills and gain new ones continually. By providing valuable development resources, MARRIOTT INTERNATIONAL supports their team members on their journey to perfection. Employees have a wide range of valuable resources at their disposal for professional and personal growth.
- GED REIMBURSEMENT: MARRIOTT INTERNATIONAL has a solid GED reimbursement policy for its team members and participates with 1/4 of the costs for obtaining a GED.
- LEADERSHIP PROGRAMS: MARRIOTT INTERNATIONAL is always on the lookout for new leadership material and offers great development programs for its team members. With access to great resources, MARRIOTT INTERNATIONAL ensures that team members with a potential for becoming leaders can achieve their goals.
- ONBOARDING: MARRIOTT INTERNATIONAL does not offer onboarding.
- RECOGNITION PROGRAMS: MARRIOTT INTERNATIONAL has a remarkable Recognition program in place and makes sure that team members who constantly achieve extraordinary results and work well with others are properly rewarded for their efforts.
- TUITION REIMBURSEMENT: MARRIOTT INTERNATIONAL does not offer tuition reimbursement.
Benefit | MARRIOTT INTERNATIONAL | Industry | Maryland |
|---|---|---|---|
| Career planning Benefits | |||
| Coaching and mentoring Benefits | |||
| Development resources Benefits | |||
| GED reimbursement Benefits | |||
| Leadership programs Benefits | |||
| Onboarding Benefits | |||
| Recognition programs Benefits | |||
| Tuition reimbursement Benefits |
Healthcare benefits
MARRIOTT INTERNATIONAL offers remarkable health benefits to its employees, of which some can be used by employee's family members. Besides an affordable healthcare insurance and a dental plan that includes recounstruction surgery, team members can enjoy MARRIOTT INTERNATIONAL's remarkable maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: MARRIOTT INTERNATIONAL has an excellent counseling program for its employees and their family members. Team members are encouraged by MARRIOTT INTERNATIONAL to talk freely with experts about everything that bothers them. Whether it's something at the workplace or something at home, experienced counselors are there to help. This excellent counseling program offers help any time of the day, seven days a week. Even a certain number of family sessions is included.
- DENTAL PLAN: Team members at MARRIOTT INTERNATIONAL have a remarkable dental plan at their disposal and can count on 100% coverage for preventative dental care, as well as some more complex dental procedures. MARRIOTT INTERNATIONAL partially pays for dentures and braces as well.
- HEALTH INSURANCE: MARRIOTT INTERNATIONAL provides an outstanding health insurance plan that covers all sorts of medical expenses for employees and their families, including hospital stays and surgical procedures.
- HEALTH PLAN INCENTIVES: In an effort to improve the wellbeing and quality of life of its team members, MARRIOTT INTERNATIONAL offers good health plan incentives for its employees. Employees have at their disposal various resources through which they can learn about their health and how to improve it.
- HEALTHCARE SPENDING ACCOUNTS: MARRIOTT INTERNATIONAL has a top-notch healthcare spending account available for their team members. Funds that are placed there are tax-free and can be used for medical necessities. Whatever money is left in the account at the end of the year is automatically carried over to the next year.
- MATERNITY SUPPORT PROGRAM: MARRIOTT INTERNATIONAL has a good maternity support program with helpful resources for its expecting team members in an effort to make their pregnancy go as smooth as possible.
- TELEHEALTH: MARRIOTT INTERNATIONAL has implemented a superb telehealth policy for its members to use any time of the day, every single day. MARRIOTT INTERNATIONAL covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
- VISION PLAN: MARRIOTT INTERNATIONAL has an outstanding Vision Plan for its team members who can count on coverage of a wide variety eye exams and procedures, as well as vision-related medical devices.
Benefit | MARRIOTT INTERNATIONAL | Industry | Maryland |
|---|---|---|---|
| Counseling Benefits | |||
| Dental Plan Benefits | |||
| Health Insurance Benefits | |||
| Health Plan Incentives Benefits | |||
| Healthcare Spending Accounts Benefits | |||
| Maternity support program Benefits | |||
| Telehealth Benefits | |||
| Vision Plan Benefits |
Financial benefits
MARRIOTT INTERNATIONAL offers superb financial benefits for employees and their family members. A superb 401(k) plan makes sure that employees have a secure retirement, while a generous, fully paid parental leave allows expecting mothers and fathers to enjoy their child's first year. Along with paid vacations, employees can enjoy fully paid commuting as well.
- 401(K) PLAN: MARRIOTT INTERNATIONAL knows how important it is to think about retirement and start saving on time. That's why it offers a valuable 401(k) plan that enables every team member to build a decent retirement fund at their own pace. Team members are allowed to put aside up to 4% of their salary and MARRIOTT INTERNATIONAL will match 50% of it. The employees can choose from multiple investment plans, according to their wishes and lifestyles. For those who are not sure about their investment options, MARRIOTT INTERNATIONAL provides resources which will help team members decide what to do with their 401(k) plan. MARRIOTT INTERNATIONAL offers a valuable vesting schedule with a gradual increase of 25% per year.
- ADOPTION ASSISTANCE REIMBURSEMENT: MARRIOTT INTERNATIONAL does not offer adoption assistance reimbursement.
- BONUS PAY: MARRIOTT INTERNATIONAL offers remarkable bonuses to team members who excel in their field of work, provide extraordinary results for MARRIOTT INTERNATIONAL, and encourage others to do the same.
- CHILDCARE DISCOUNT: MARRIOTT INTERNATIONAL cooperates with partners and team members are eligible for superb discounts for a primary childcare.
- COMMUTER BENEFIT: MARRIOTT INTERNATIONAL has a great commuting policy and offers commuter benefits that allow eligible team members to cover their transportation or parking costs up to a certain distance from the place of work.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: MARRIOTT INTERNATIONAL offers a superior daycare policy for its members, with a flexible spending account which team members can use to pay for various daycare expenses for when they are at work.
- DISABILITY: MARRIOTT INTERNATIONAL has an outstanding disability program available for eligible team members. Whether it's a short- term or a long-term disability, team members can rest assured that their financial status won't be compromised even when they are not working. Once the short-term disability coverage expires, employees have the option to enjoy long-term disability coverage.
- LIFE INSURANCE: MARRIOTT INTERNATIONAL offers an exceptional life insurance program. It is one of the best in the country and offers free life insurance for team members. The policy pays up to three years worth of salary to beneficiaries. This exceptional life insurance package contains dependent policies as well.
- PAID TIME OFF: MARRIOTT INTERNATIONAL has an exceptional vacation program for its team members with a great deal of paid vacation days. Team members can spend those days at their own pace, any time of the year. Various national and personal holidays are taken into account as well.
- PAID VOLUNTEER TIME OFF: MARRIOTT INTERNATIONAL does not offer paid volunteer time off.
- PARENTAL LEAVE: MARRIOTT INTERNATIONAL has a top-notch parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | MARRIOTT INTERNATIONAL | Industry | Maryland |
|---|---|---|---|
| 401(k) plan Benefits | |||
| Adoption assistance reimbursement Benefits | |||
| Bonus pay Benefits | |||
| Childcare discount Benefits | |||
| Commuter benefit Benefits | |||
| Daycare flexible spending account Benefits | |||
| Disability Benefits | |||
| Life insurance Benefits | |||
| Paid time off Benefits | |||
| Paid volunteer time off Benefits | |||
| Parental leave Benefits |
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