General Mills Benefits

4.1
264 Ratings

Employer Summary

Benefits

We make food people love. We also provide benefits our employees love. Our Total Rewards program works to enhance your overall well-being—at work and in life.

Highlights:

​​Pay

Earn a competitive salary and annual bonus when you meet our ambitious goals. Salaries are reviewed each year, with increases based on performance and the market value of the position.

Annual cash bonuses are based on performance (yours, the company's and in some cases, your business unit's).

Medical, dental and vision

General Mills offers you and eligible dependents medical, dental and vision plans starting on your first day. Coverage is available to employees in all locations.

Retirement and savings plans

Get help meeting your savings goals—those now and in the future. Access free, confidential education on managing money, college and tax savings and more.

Eligibility for General Mills’ 401(k) Plan starts on your first day.

Options include:

  • Investing 1% to 50% of eligible pay, with General Mills matching a portion. Based on hire date, you may have a pension benefit or an annual 401(k) company contribution.

  • Flexible, comprehensive investment choices with broad and diversified options. Access investment help via free online tools, or professional management for a fee.

  • A pre-retirement loan feature.


Stock options and ownership

Company stock is available in the 401(k) Plan. Our voluntary stock purchase program allows another ownership opportunity.

Annual stock option grants are available to some management-level employees.

Insurance

Life, long-term care, legal, and auto and homeowners insurance is available, plus company-paid short- and long-term disability insurance. Save money and gain tax advantages on qualified transportation and parking expenses through commuter benefits.

Educational assistance

Loans and scholarship opportunities are available for you and family members, plus reimbursement for job-related courses. You may be eligible for an unpaid leave of absence to further your education.

Employee Benefit Reviews

Showing 1–10 of 264 comments

Most Commented

Apr 27, 2021
5.0
Former Director in Minneapolis, MN, Minnesota

Strong benefits package. Added family leave benefits. Strong medical, dental, and retirement. Now offers pet insurance.

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Apr 30, 2021
4.0
Current Employee

401k match is good and they add 2% per year as a bonus

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Apr 25, 2021
3.0
Former Employee

Nice 401K match with option to add on a percentage every year.

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Mar 31, 2021
5.0
Current Employee

Maternity and Paternity Leave is the best!

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Mar 30, 2021
5.0
Current Employee

Great benefits including 401k match and 6 months maternity leave for salaried employees!

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Mar 18, 2021
5.0
Former Employee

This is a great company with great benefits!

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Feb 28, 2021
5.0
Current Employee

Amazing benefits from PTO to covid leave!

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Mar 10, 2021
4.0
Former Sales Representative in Minneapolis, MN, Minnesota

Great Benefits, medical, vision, 401K matching, dental, and great PTO / Vacation

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Feb 22, 2021
5.0
Current Employee

Excellent vacation, flexible work environment, great insurance, and 401K plans!

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Feb 16, 2021
4.0
Current Employee

strong bonus program, dislike the stock vest period

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Viewing 1 - 10 of 264 Reviews

Benefits Summary

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

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Financial & Retirement

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