Benefits and Retirement
We know how important it is for our employees to strike a balance between their work and personal lives. Various technological innovations, from laptops, wireless phones and Internet access to e-mail, combined with Morrison-Maierle’s serious commitment to flexibility in the workplace, allow us to offer our people a flexible approach—giving them options as to how and where they do their work.
Health Insurance – Peace of mind about catastrophic health issues is invaluable– The firm supplies participants with a choice of either a Preferred Provider Organization (PPO) or High Deductible Health Plan, in addition to Vision and Dental Coverage.
Flexible Benefit Plan – The health and welfare of you and your family is important. Under the Morrison-Maierle plan staff make contributions to their account each pay period – before payroll taxes are computed – and are then reimbursed for eligible expenses. Examples of eligible expenses are dependent care and out-of-pocket healthcare expenses.
Worksite Wellness Program that Pays Cash: Optimizing health provides higher quality of life and saves money. As an employee-owner of Morrison-Maierle, it is important for all of us to concern ourselves with developing a healthy culture. Morrison-Maierle and its wellness partner, It Starts with Me work together to help you and your family optimize your health. A few benefits of our current program include:
- Incentives for Participation in Fun Fitness Challenges
- Onsite biometric screenings for employees and spouses
- Confidential Health Risk Assessment (HRA)
Well with Blue Connection – Wouldn’t it be great if you had a personal assistant? Someone who could be a resource to minimize life’s hassles? Turn to these resources for answers about health and wellness, financial and legal matters, prenatal care, and elder services. If it’s important to you, it’s important to us too!
Employee Assistance Program – At certain times we all need a little help – if not for ourselves, for a loved one. Our EAP offers confidential counseling to staff and immediate family members for health, personal or work related issues.
Personal Time Off (PTO) – No matter how much we enjoy our work – we all need time away. Staff are eligible for this leave on an accrual basis. PTO is pro-rated for part-time staff and is intended to provide for both vacation and sick leave needs.
Holiday Leave – Morrison-Maierle recognizes many major holidays. Employees receive these days off with pay.
Employee Self-Service – Your Morrison-Maierle Intranet connection provides you with access to your work, personal and benefits information 24 hours a day from work or home.
Life Insurance – 100% paid by the company. Available to staff who work 20 hours or more per week.
Accidental Death – 100% paid by the company. Available to staff who work 20 hours or more per week.
Long Term Disability Insurance – 100% paid by the company. Coverage is based on monthly income.
Voluntary, employee paid plans available: Short-Term Disability, Additional Life Insurance, Accident, Cancer, Dental and Hospitalization policies.
Retirement and Employee-Ownership
401(k): Saving for Retirement is Automatic – All new staff who are 18 years of age or older are automatically enrolled in the Morrison-Maierle 401(k) Plan at 5% personal contribution rate. Eligible staff who have completed one year of service are eligible for a company matching contribution that equals 100% of the first 3% of compensation deferred, plus 50% of the next 2% of compensation deferred. The maximum Morrison-Maierle matching contribution will be 4% of compensation and is provided to any employee whose deferral rate is at least 5% compensation.
Employee Stock Ownership Plan (ESOP) – The ESOP is a benefit plan that makes employees owners of stock in Morrison-Maierle. Stock awards are 100% company paid at a current rate of 6% of total annual compensation. All staff who work 1,000 or more hours per year and initially complete 12 months of employment become participants. From day 1, an employee is an employee-owner of Morrison-Maierle.