This report analyzes and compares MORTON'S RESTAURANT GROUP's employee health insurance and employee benefits with its industry and in Illinois State.
Providing a smart employee benefits package is critical for attracting top talent and retaining valuable employees. Today, employee benefits play a vital role when candidates consider accepting a job offer.
Many companies offer today over-the-top perks, like yoga classes, haircuts, catered meals, and acupuncture. In this report, we focus however on traditional benefits. It's a work in progress that we will expand and update on a regular basis.
This report contains the following sections
Career benefits
MORTON'S RESTAURANT GROUP offers great career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. MORTON'S RESTAURANT GROUP believes that every employee has a valuable set of skills so it helps them plan their careers with great developmental resources and mentorships.
- CAREER PLANNING: MORTON'S RESTAURANT GROUP continually evaluates its team members to determine the potential and direction of employees' careers. The outstanding tools that MORTON'S RESTAURANT GROUP uses for career planning allow employees to develop their skills and gain new insights about the industry.
- COACHING AND MENTORING: By using a good coaching and mentoring program, MORTON'S RESTAURANT GROUP can determine what should every team member focus on to grow and increase productivity.
- DEVELOPMENT RESOURCES: MORTON'S RESTAURANT GROUP encourages its team members to work on their existing skills and gain new ones continually. By providing great development resources, MORTON'S RESTAURANT GROUP supports their team members on their journey to perfection. Employees have a wide range of great resources at their disposal for professional and personal growth.
- GED REIMBURSEMENT: MORTON'S RESTAURANT GROUP has a superb policy when it comes to GED reimbursement and participates with 1/2 of the costs.
- LEADERSHIP PROGRAMS: MORTON'S RESTAURANT GROUP does not offer leadership programs.
- ONBOARDING: MORTON'S RESTAURANT GROUP does not offer onboarding.
- RECOGNITION PROGRAMS: MORTON'S RESTAURANT GROUP knows that dedicated team members are hard to come by so it has an outstanding Recognition program for those who stand out and continually contribute to MORTON'S RESTAURANT GROUP.
- TUITION REIMBURSEMENT: MORTON'S RESTAURANT GROUP has a solid Tuition Reimbursement Program and participates with up to 25% of the costs for team members who want a job-related certificate or a degree.
Benefit | MORTON'S RESTAURANT GROUP | Industry | Illinois |
|---|---|---|---|
| Career planning Benefits | |||
| Coaching and mentoring Benefits | |||
| Development resources Benefits | |||
| GED reimbursement Benefits | |||
| Leadership programs Benefits | |||
| Onboarding Benefits | |||
| Recognition programs Benefits | |||
| Tuition reimbursement Benefits |
Healthcare benefits
MORTON'S RESTAURANT GROUP offers first-class health benefits to its employees, of which some can be used by employee's family members. Besides an affordable healthcare insurance and a dental plan that includes recounstruction surgery, team members can enjoy MORTON'S RESTAURANT GROUP's first-class maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: MORTON'S RESTAURANT GROUP wants to make sure that its team members are physically and psychologically healthy, and emotionally balanced. In order to make that happen, Its superb counseling program enables the team members to talk with experts 24/7. Employees can receive practical fitness and nutritional tips, talk about their problems, and learn effective techniques for dealing with stress and anxiety. Team members can count on confidentiality at all times.
- DENTAL PLAN: MORTON'S RESTAURANT GROUP offers a valuable dental plan for its team members to take care of their basic dental needs. The plan covers preventive dental exams in full. Team members have an option to pay for a more inclusive dental plan with better coverage.
- HEALTH INSURANCE: MORTON'S RESTAURANT GROUP provides an impressive health insurance plan that covers all sorts of medical expenses for employees and their families, including hospital stays and surgical procedures.
- HEALTH PLAN INCENTIVES: MORTON'S RESTAURANT GROUP does not offer health plan incentives.
- HEALTHCARE SPENDING ACCOUNTS: MORTON'S RESTAURANT GROUP has a superior healthcare spending account available for their team members. Funds that are placed there are tax-free and can be used for medical necessities. Whatever money is left in the account at the end of the year is automatically carried over to the next year.
- MATERNITY SUPPORT PROGRAM: Aware of the challenges that come with pregnancy, MORTON'S RESTAURANT GROUP has created a remarkable maternity support program to support its expecting team members.
- TELEHEALTH: MORTON'S RESTAURANT GROUP has a great telehealth policy available for its team members. Employees have access to exams and opinions over the phone which saves them a lot of time and stress. MORTON'S RESTAURANT GROUP can recommend a certain doctor or institution and covers up to 50% of the costs.
- VISION PLAN: MORTON'S RESTAURANT GROUP offers a solid Vision Plan for its team members and covers the costs of basic eye exams with a possibility to pay for additional benefits.
Benefit | MORTON'S RESTAURANT GROUP | Industry | Illinois |
|---|---|---|---|
| Counseling Benefits | |||
| Dental Plan Benefits | |||
| Health Insurance Benefits | |||
| Health Plan Incentives Benefits | |||
| Healthcare Spending Accounts Benefits | |||
| Maternity support program Benefits | |||
| Telehealth Benefits | |||
| Vision Plan Benefits |
Financial benefits
MORTON'S RESTAURANT GROUP offers superior financial benefits for employees and their family members. A superior 401(k) plan makes sure that employees have a secure retirement, while a generous, fully paid parental leave allows expecting mothers and fathers to enjoy their child's first year. Along with paid vacations, employees can enjoy fully paid commuting as well.
- 401(K) PLAN: MORTON'S RESTAURANT GROUP knows how important it is to think about retirement and start saving on time. That's why it offers a valuable 401(k) plan that enables every team member to build a decent retirement fund at their own pace. Team members are allowed to put aside up to 4% of their salary and MORTON'S RESTAURANT GROUP will match 50% of it. The employees can choose from multiple investment plans, according to their wishes and lifestyles. For those who are not sure about their investment options, MORTON'S RESTAURANT GROUP provides resources which will help team members decide what to do with their 401(k) plan. MORTON'S RESTAURANT GROUP offers a valuable vesting schedule with a gradual increase of 25% per year.
- ADOPTION ASSISTANCE REIMBURSEMENT: MORTON'S RESTAURANT GROUP has an outstanding Adoption Assistance Reimbursement program. It is one of the best available as it covers various court fees and attorney costs for team members, even if the child comes from a foreign country.
- BONUS PAY: MORTON'S RESTAURANT GROUP has a solid bonus plan that takes into account the individual efforts of a certain team member, as well as the results that those efforts generated.
- CHILDCARE DISCOUNT: MORTON'S RESTAURANT GROUP has an impressive childcare discount policy for its employees and offers attractive rates for eligible childcare centers.
- COMMUTER BENEFIT: MORTON'S RESTAURANT GROUP acknowledges the fact that some team members have high commuting costs so it offers them superb commuter benefits which cover various commuting expenses for trains and buses, as well as parking expenses.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: MORTON'S RESTAURANT GROUP has a valuable daycare spending account that fills from each paycheck before taxes. This allows team members to partially cover costs of daycare while they are at work.
- DISABILITY: MORTON'S RESTAURANT GROUP has an excellent disability program available for eligible team members. Whether it's a short- term or a long-term disability, team members can rest assured that their financial status won't be compromised even when they are not working. Once the short-term disability coverage expires, employees have the option to enjoy long-term disability coverage.
- LIFE INSURANCE: MORTON'S RESTAURANT GROUP offers an excellent life insurance program. It is one of the best in the country and offers free life insurance for team members. The policy pays up to three years worth of salary to beneficiaries. This excellent life insurance package contains dependent policies as well.
- PAID TIME OFF: MORTON'S RESTAURANT GROUP wants for its team members to lead a happy and fulfilled life so it has a good vacation policy for every employee. The number of paid vacation days depends on how long has a certain member been part of the team.
- PAID VOLUNTEER TIME OFF: MORTON'S RESTAURANT GROUP does not offer paid volunteer time off.
- PARENTAL LEAVE: MORTON'S RESTAURANT GROUP has a great parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | MORTON'S RESTAURANT GROUP | Industry | Illinois |
|---|---|---|---|
| 401(k) plan Benefits | |||
| Adoption assistance reimbursement Benefits | |||
| Bonus pay Benefits | |||
| Childcare discount Benefits | |||
| Commuter benefit Benefits | |||
| Daycare flexible spending account Benefits | |||
| Disability Benefits | |||
| Life insurance Benefits | |||
| Paid time off Benefits | |||
| Paid volunteer time off Benefits | |||
| Parental leave Benefits |
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