We have a ESOP that is vested at 100% at 6 years
401k matches 20%. They offer ESOP. As an employee, you are also an owner of the company. They make sure to offer you benefits so that you stay with the company for a long time.
Part time employees get nothing. No paid holidays, no benefits. The only thing you get is PTO accrual.
Worst is that there is no separate sick time. There is only time off. So your vacation and sick time comes out of the same account.
Paid Time Off accrual, health insurance is good...I really appreciate the Health Savings Account. ESOP is a great deal! 401K matched by the company, free yoga on Thursdays, tuition reimbursement, gifted days during Holiday Break, gym membership reimbursement.
ESOP company and the company contribution to the 401K
The 401K options are varied, and the company match is great. Where else can you get a 20% ROI? The company has sometimes increased the match to 30% or higher. In the past year, the overhead fees were scrutinized and reduced, so the effective yield is greater. As an ESOP company, full-time employees earn shares which are paid out upon retirement or severance. Vesting schedule is typical for both 401K and ESOP.
Holidays off. Great benefit for myself and family
I am so grateful everyday for our ESOP because I know there will be no social security available when I retire.
The employee ESOP (Employee Stock Option Plan) is one of the best benefits about working for PMI. As an employee owner, you are automatically enrolled in the plan after you work over 1000 hours. Every year your balance grows. In addition to that, they have a generous PTO plan, paid maternity leave, 20% matching on 401K, employer paid cruises every year for top performers.. it goes on and on!
List based on reports from current and former employees. It may not be complete.