This report analyzes and compares MERITAGE HOSPITALITY GROUP's employee health insurance and employee benefits with its industry and in Michigan 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
MERITAGE HOSPITALITY GROUP has superb career benefits that have a great impact on employees' career. There are several coaching and mentoring programs, as well as onboarding program for new employees to help them fit in the MERITAGE HOSPITALITY GROUP. superb tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: MERITAGE HOSPITALITY GROUP offers superb possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, MERITAGE HOSPITALITY GROUP makes sure that every single team member takes the full advantage of superb career planning programs.
- COACHING AND MENTORING: MERITAGE HOSPITALITY GROUP offers remarkable coaching and mentoring programs through which every employee gets the support and resources to become a valuable member of the team.
- DEVELOPMENT RESOURCES: MERITAGE HOSPITALITY GROUP offers superb development resources to enable its employees to grow on a personal and a professional plan. With access to superb intern programs and seminars, employees can learn new skills and stay at the top of their fields.
- GED REIMBURSEMENT: MERITAGE HOSPITALITY GROUP has a superb policy when it comes to GED reimbursement and participates with 1/2 of the costs.
- LEADERSHIP PROGRAMS: MERITAGE HOSPITALITY GROUP does not offer leadership programs.
- ONBOARDING: Whether the newcomer is an entry-level employee or a seasoned manager, coming to a new place of work is never easy. That's why MERITAGE HOSPITALITY GROUP offers an exceptional Onboarding program to help new employees understand their role and cooperate with the rest of the team.
- RECOGNITION PROGRAMS: MERITAGE HOSPITALITY GROUP 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: MERITAGE HOSPITALITY GROUP has a great Tuition Reimbursement Program and participates with up to 25% of the costs for team members who want a job-related certificate or a degree.
Benefit | MERITAGE HOSPITALITY GROUP | Industry | Michigan |
|---|---|---|---|
| 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
MERITAGE HOSPITALITY GROUP offers first-class 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 MERITAGE HOSPITALITY GROUP's first-class maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: MERITAGE HOSPITALITY GROUP does not offer counseling.
- DENTAL PLAN: Team members at MERITAGE HOSPITALITY GROUP have a superior dental plan at their disposal and can count on 100% coverage for preventative dental care, as well as some more complex dental procedures. MERITAGE HOSPITALITY GROUP partially pays for dentures and braces as well.
- HEALTH INSURANCE: MERITAGE HOSPITALITY GROUP offers a top-notch health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
- HEALTH PLAN INCENTIVES: MERITAGE HOSPITALITY GROUP offers its team members superior health plan incentives. Team members are encouraged to take a proactive approach to their health and take care of their BMI, sugar and fat in their blood, and other biometrics. MERITAGE HOSPITALITY GROUP provides educational material and seminars.
- HEALTHCARE SPENDING ACCOUNTS: MERITAGE HOSPITALITY GROUP offers an excellent healthcare spending account to its employees. Employees have an option to deposit a part of their salary into the account and use it for any medical or dental expenses not covered by their health plan. Employee's family members can use this funds as well.
- MATERNITY SUPPORT PROGRAM: MERITAGE HOSPITALITY GROUP offers an excellent maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: MERITAGE HOSPITALITY GROUP has a solid telehealth policy available for its team members. Employees have access to exams and opinions over the phone which saves them a lot of time and stress. MERITAGE HOSPITALITY GROUP can recommend a certain doctor or institution and covers up to 50% of the costs.
- VISION PLAN: MERITAGE HOSPITALITY GROUP has an extraordinary 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 | MERITAGE HOSPITALITY GROUP | Industry | Michigan |
|---|---|---|---|
| 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
Team members enjoy suitable financial benefits at MERITAGE HOSPITALITY GROUP. They have a good variety of financial benefits at their disposal and can always count on financial help when it comes to disability or commuting. MERITAGE HOSPITALITY GROUP offers suitable life insurance with affordable rates, as well as parental leave for expecting mothers. Employees who decide to adopt a child can expect MERITAGE HOSPITALITY GROUP to partially cover the expenses.
- 401(K) PLAN: MERITAGE HOSPITALITY GROUP does not offer 401(k) plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: MERITAGE HOSPITALITY GROUP has a good Adoption Assistance Reimbursement program that pays certain fees associated with the adoption process. With this program, the employees can rest assure that at least some of the costs will be covered.
- BONUS PAY: MERITAGE HOSPITALITY GROUP has a suitable bonus plan that takes into account the individual efforts of a certain team member, as well as the results that those efforts generated.
- CHILDCARE DISCOUNT: MERITAGE HOSPITALITY GROUP does not offer childcare discount.
- COMMUTER BENEFIT: MERITAGE HOSPITALITY GROUP 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: MERITAGE HOSPITALITY GROUP offers a first-class 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: MERITAGE HOSPITALITY GROUP has an extraordinary 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: MERITAGE HOSPITALITY GROUP has a top-notch life insurance program and offers fully paid life insurance policies for its team members. The policy pays around two years worth of salary to employees' beneficiaries. Option to buy additional coverage is available for every team member.
- PAID TIME OFF: MERITAGE HOSPITALITY GROUP 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: MERITAGE HOSPITALITY GROUP has a first-class volunteer time off program for its team members. Aware of the fact that volunteer work builds character and widens the horizons, MERITAGE HOSPITALITY GROUP stimulates its team members to use two paid days every quartal for volunteering purposes.
- PARENTAL LEAVE: MERITAGE HOSPITALITY GROUP has a solid parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | MERITAGE HOSPITALITY GROUP | Industry | Michigan |
|---|---|---|---|
| 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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