General Mills Employee Benefits and Perks | Glassdoor

General Mills Benefits

4.1
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173 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 173 comments

Most Commented

  • Jul 13, 2017
    StarStarStarStarStar Current Logistics Management Associate in Hannibal, Missouri

    Insurance is horrible now. Only $6000 for tuition, with a THREE year commitment after reimbursement.

  • Jun 28, 2017
    StarStarStarStarStar Former Employee in Los Angeles, California

    The company has good health insurance, vacation, and 401K plans.

  • Jul 06, 2017
    StarStarStarStarStar Current Senior Manager in Minneapolis, Minnesota

    Froze the pension to cut costs to hit earnings guidance

  • Jun 20, 2017
    StarStarStarStarStar Current Employee in Minneapolis, Minnesota

    They are trying to keep benefits as a compelling reason to come to and stay at the company. ACA has made that incredibly costly

  • Jun 06, 2017
    StarStarStarStarStar Former Employee in Minneapolis, Minnesota

    Great benefits including flexibility, HSA, 401K

  • Jun 05, 2017
    StarStarStarStarStar Former Admin Asst in Minneapolis, Minnesota

    All benefits were excellent as far as the 401K, Health insurance, annual bonus. Very pleased!

  • May 31, 2017
    StarStarStarStarStar Current Employee in Minneapolis, Minnesota

    Benefits are a complete and competitive package. On an annual basis there is a great packet of information to explain the benefits package, especially any changes.

  • Jun 06, 2017
    StarStarStarStarStar Current Plant Technical Manager in Edina, Minnesota

    They promise things then don't deliver. Vacation reduced for senior employee's while increased for new hires. Promise that if you work for less now you will be rewarded at retirement, then when you retire they reply "just kidding".

  • May 18, 2017
    StarStarStarStarStar Former Administrative Assistant in Minneapolis, Minnesota

    Very competitive benefits in today's market.

  • Jun 01, 2017
    StarStarStarStarStar Former Employee in West Chicago, Illinois

    The union employees had much better benefits than the salaried employees. It was frustrating.

Benefits Summary


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

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