Columbus McKinnon Employee Benefits and Perks | Glassdoor

Columbus McKinnon Benefits

Location: US
15 Ratings

Employee Benefit Reviews

Showing 1–10 of 15 comments

Most Commented

  • Jan 31, 2018
    StarStarStarStarStar Former Employee in Damascus, Virginia

    Decent health insurance with reasonable 401k and vacation time. Best to negotiate vacation upon hire because it takes a long time to build up.

  • Oct 11, 2018
    StarStarStarStarStar Former Employee in Getzville, New York State

    401K package was the only positive.

  • Jul 08, 2017
    StarStarStarStarStar Current Employee in Getzville, New York State

    Vacation time is inadequate and slow to increase. Health Care coverage is an expensive, high deductible plan, through Cigna. Cigna is horrible to deal with. Company seems to do the minimum required for all benefits.

  • May 30, 2017
    StarStarStarStarStar Current Employee in Getzville, New York State

    The health reimbursement account through Cigna is a nice benefit. I have not had to pay a co-pay yet for a Dr. visit or a prescription because everything hits the HRA first. It rolls over each year also.

  • Dec 19, 2016
    StarStarStarStarStar Former Employee in Getzville, New York State

    Week vacation, different phone/gym benefits

  • Sep 03, 2016
    StarStarStarStarStar Current Engineer in Atlanta, Georgia

    Excellent healthcare. company provides funded personal account. 401K only matches 3%. Few vacation time.

  • Jan 13, 2016
    StarStarStarStarStar Former local manager in Memphis, Tennessee

    My biggest issue was with the stock option, no one in HR could ever tell me how it worked, if you got payout, when you could get payout, and those who retire have a terrible time trying to sell the shares with no advice whatsoever from the HR departments. If you ask a question in regards to health benefits, you get the "call the 3rd party administrator" and nothing more or your head snapped off. Every year the health insurance gets worse, but it's like that everywhere these days. 401k is just a standard 401k, like everywhere else. Vacation time accrual is outdated like others posted, BUT--and no one tells you this---it IS negotiable if you make it a condition when you are hired. Some people had 3 weeks from day 1, while others (who didn't know any better) didn't get a week until after their first year. You get sick time in addition to vacation, but you will be retaliated against if you use it, and will be openly harassed by others who brag they've worked with the flu, etc. You will be belittled for being sick in front of everyone--saw it many, many times. Just hope you have a healthy immune system, because people are forced to work with all levels of contagious illnesses (including stomach bugs, vomit and go back to your desk). As far as "perks"--tuition reimbursement (you have to sign a work contract or if you leave you pay back), professional development--none, unless you are someone's pet project and being groomed, social events are stiff and forced, and every so often you get the "free lunch" brought in with the stipulation that although you are clocked out, you have to listen to a presentation. Any leave, paternity, maternity, etc. is strictly only what is required by law. Believe me, they give nothing they are not absolutely required to. Yes, they still pay part of the medical/dental benefits, but a lot of other employers do too--although CM will make that a selling point. Oh, and after going through the list of benefits I can choose to say they do/do not offer, I saw the gym thing--you get reimbursed a flat rate for your type of membership. It's just a "health incentive". There is nothing offered on site as far as child care, sick care, nothing. You have the options to contribute to a dependent care fund, but that is standard everywhere.

  • Dec 07, 2015
    StarStarStarStarStar Former Employee in Amherst, New York State

    Compensation was ok - vacation time is incredibly outdated. You have to be an employee for over 20 years before you get to 3 weeks vacation. 401k is good- no matter what you contribute, company automatically contributes 2%. Health insurance was average, but deductibles keep going up up up.

  • Aug 30, 2015
    StarStarStarStarStar Current Employee in Amherst, New York State

    401k is competitive- great if you stay for a long time. Healthcare is a high deductible plan that is expensive. Vacation time is terrible regardless of how long you stay at the company.

  • Aug 01, 2015
    StarStarStarStarStar Current Employee in Amherst, New York State

    The benefits are competitive for the industry and well explained. There are a number of employee appreciation activities throughout the year, including company sponsored food events, new employee meet and greet, significant work anniversary acknowledgement and a variety of other celebratory events. Columbus McKinnon supports and contributes to a large number of charities to give back to the community.

Benefits Summary

List based on reports from current and former employees. It may not be complete.

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Insurance, Health & Wellness

  • CheckmarkHealth Insurance (13)
  • Dental Insurance
  • Flexible Spending Account (FSA)
  • Vision Insurance
  • Health Savings Account (HSA)
  • Life Insurance
  • Supplemental Life Insurance
  • Disability Insurance
  • Occupational Accident Insurance
  • Health Care On-Site
  • Mental Health Care
  • Retiree Health & Medical
  • Accidental Death & Dismemberment Insurance

Financial & Retirement

  • Pension Plan
  • Checkmark401K Plan (13)
  • CheckmarkRetirement Plan (4)
  • Employee Stock Purchase Plan
  • Performance Bonus
  • Stock Options
  • Equity Incentive Plan
  • Supplemental Workers' Compensation
  • Charitable Gift Matching

Family & Parenting

  • Maternity & Paternity Leave
  • CheckmarkWork From Home (3)
  • Fertility Assistance
  • Dependent Care
  • Adoption Assistance
  • Childcare
  • Reduced or Flexible Hours
  • Military Leave
  • Family Medical Leave
  • Unpaid Extended Leave

Vacation & Time Off

Perks & Discounts

  • CheckmarkEmployee Discount (7)
  • Free Lunch or Snacks
  • Employee Assistance Program
  • Gym Membership
  • Commuter Checks & Assistance
  • Pet Friendly Workplace
  • Mobile Phone Discount
  • Company Car
  • Company Social Events
  • Travel Concierge
  • Legal Assistance

Professional Support

  • Diversity Program
  • Job Training
  • Professional Development
  • Apprenticeship Program
  • Tuition Assistance

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