This report analyzes and compares MGM RESORTS INTERNATIONAL's employee health insurance and employee benefits with its industry and in Nevada 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
MGM RESORTS INTERNATIONAL 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 MGM RESORTS INTERNATIONAL. superb tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: MGM RESORTS INTERNATIONAL continually evaluates its team members to determine the potential and direction of employees' careers. The excellent tools that MGM RESORTS INTERNATIONAL uses for career planning allow employees to develop their skills and gain new insights about the industry.
- COACHING AND MENTORING: MGM RESORTS INTERNATIONAL believes that an impressive coaching and mentoring program is necessary for the employees to thrive, expand their skill set, and become the best in their field.
- DEVELOPMENT RESOURCES: MGM RESORTS INTERNATIONAL offers remarkable development resources to enable its employees to grow on a personal and a professional plan. With access to remarkable intern programs and seminars, employees can learn new skills and stay at the top of their fields.
- GED REIMBURSEMENT: MGM RESORTS INTERNATIONAL does not offer ged reimbursement.
- LEADERSHIP PROGRAMS: MGM RESORTS INTERNATIONAL offers a wide variety of first-class courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by MGM RESORTS INTERNATIONAL to grow as leaders and learn how to make tough calls.
- 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 MGM RESORTS INTERNATIONAL offers an outstanding Onboarding program to help new employees understand their role and cooperate with the rest of the team.
- RECOGNITION PROGRAMS: MGM RESORTS INTERNATIONAL knows that dedicated team members are hard to come by so it has an outstanding Recognition program for those who stand out and continually contribute to MGM RESORTS INTERNATIONAL.
- TUITION REIMBURSEMENT: MGM RESORTS INTERNATIONAL has a superb Tuition Reimbursement Program and pays 50% of costs for college degrees or courses that will benefit employee's current or future role at MGM RESORTS INTERNATIONAL.
Benefit | MGM RESORTS INTERNATIONAL | Industry | Nevada |
|---|---|---|---|
| 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
MGM RESORTS INTERNATIONAL offers superb 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 MGM RESORTS INTERNATIONAL's superb maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: MGM RESORTS INTERNATIONAL wants to make sure that its team members are physically and psychologically healthy, and emotionally balanced. In order to make that happen, Its superior counseling program enables the team members to talk with experts 24/7. Employees can receive practical fitness and nutritional tips, talk about their problems, and learn effective techniques for dealing with stress and anxiety. Team members can count on confidentiality at all times.
- DENTAL PLAN: Team members at MGM RESORTS 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. MGM RESORTS INTERNATIONAL partially pays for dentures and braces as well.
- HEALTH INSURANCE: MGM RESORTS INTERNATIONAL offers a suitable health insurance for its team members that covers a most basic and some complex medical procedures.
- HEALTH PLAN INCENTIVES: MGM RESORTS INTERNATIONAL does not offer health plan incentives.
- HEALTHCARE SPENDING ACCOUNTS: MGM RESORTS INTERNATIONAL offers an outstanding 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: MGM RESORTS INTERNATIONAL offers an excellent maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: MGM RESORTS INTERNATIONAL does not offer telehealth.
- VISION PLAN: MGM RESORTS 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 | MGM RESORTS INTERNATIONAL | Industry | Nevada |
|---|---|---|---|
| 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
MGM RESORTS INTERNATIONAL offers remarkable financial benefits for employees and their family members. A remarkable 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: MGM RESORTS INTERNATIONAL has an impressive 401(k) plan is designed in such way that suitable team members can get the most out of it and enjoy many perks that come with it. For each employee's contribution of up to 6% of salary, MGM RESORTS INTERNATIONAL offers an impressive program that matches it 100%, which is among the highest matches on the market. This way, 401(k) is the best option for employees who want to have a financial stability in their late years. There is no vesting period, so the contributions are immediately for the employee to keep right from the start. For those who need help managing their 401(k) plan, MGM RESORTS INTERNATIONAL offers individual financial consultations so that each employee can create a personalized investment plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: MGM RESORTS INTERNATIONAL has a superb Adoption Assistance Reimbursement program in place for employees who are planning to adopt a child. Most of the adoption fees are eligible to be reimbursed by MGM RESORTS INTERNATIONAL.
- BONUS PAY: MGM RESORTS INTERNATIONAL has an excellent bonus plan. It makes sure that hardworking team members are properly rewarded for their individual contribution to projects as well as their cooperation with other team members.
- CHILDCARE DISCOUNT: MGM RESORTS INTERNATIONAL does not offer childcare discount.
- COMMUTER BENEFIT: MGM RESORTS INTERNATIONAL has a valuable 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: MGM RESORTS INTERNATIONAL offers an exceptional daycare program for its employees. Team members can withdraw funds from a flexible spending account to cover all sorts of expenses related to daycare or eldercare.
- DISABILITY: MGM RESORTS INTERNATIONAL offers a superior short-term disability coverage for its team members. Through disability program, part of the employee's salary is replaced by the coverage for a limited time. This enables team members to have a financial stability during the difficult period of their lives and helps them to get back on track.
- LIFE INSURANCE: MGM RESORTS INTERNATIONAL offers a valuable life insurance policy to its team members for an affordable price. MGM RESORTS INTERNATIONAL participates with 50% of the costs of the policy which makes it enticing for employees to buy it. Beneficiaries of team members can expect to get up to 1 year worth of employee's salary.
- PAID TIME OFF: MGM RESORTS INTERNATIONAL realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why MGM RESORTS INTERNATIONAL has a first-class vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: MGM RESORTS INTERNATIONAL does not offer paid volunteer time off.
- PARENTAL LEAVE: MGM RESORTS INTERNATIONAL has a superb parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | MGM RESORTS INTERNATIONAL | Industry | Nevada |
|---|---|---|---|
| 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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