BENEFITS AT MSD

 

Our employees are the key to our company's success. We demonstrate our commitment to our employees by offering a competitive and valuable rewards program.

MSD's benefits are designed to support the wide range of goals, needs and lifestyles of our employees, and many of the people who matter the most in their lives.


Total Compensation

Total compensation at MSD is comprised of various programs, designed to recognize and reward different aspects of your performance.

• Base Pay - Determined by an employee's actual position in the marketplace and sustained performance over time, as well as development of skills and abilities

• Incentive Pay - Cash bonus that rewards performance through the achievement of specified objectives, which may include company, division, and individual results.

• Long-Term Incentives - Equity-based incentives, such as stock options, that recognize employees' future potential for significant contribution to the company.


Live. Work. Play.

Our benefits are designed to make life healthier, happier and more convenient because we recognize the importance of work-life balance. At MSD, we support our employees in getting the most out of their lives, both personal and professional.

• Paid Vacation - Three to six weeks paid vacation, based on length of service.

• Holiday Schedule - All employees are eligible for up to 13 paid company holidays.

• Flexible Work Arrangements - With manager approval, option for flexible work schedules and arrangements to help you balance life's responsibilities.

• Education Assistance and Scholarship Programs - For eligible employees,financial support for higher education, including all or a portion of the cost of tuition, registration and other fees.

• Employee Assistance Program - Provides help by offering confidential professional assessment, referral, counseling and education services.

• Fitness and Wellness Centers - Available at many locations to support health and well-being.

• Day Care Centers - Conveniently available on-site at many major locations.

• Employee and Matching Gift Programs - Support selected non-profit, charitable and educational community-based programs and services - some available through payroll deduction.

• Corporate Discounts - Employees are eligible for discounts at local shops and vendors, as well as on automobiles, travel and entertainment, electronics and more.

• Referral Services - Available resource and referral services to provide assistance in matters of elder and well/sick child care, parenting, self-health, adoption, college consultations, and other topics at no cost to the employee.


Financial Well Being

At MSD, we offer a comprehensive and competitive benefits package, including plans and resources designed to help you achieve short- and long-term financial goals.

• Savings/401(k) - Provides for savings through payroll deduction along with company-matching contributions.

• Pension - For eligible employees, automatic enrollment in a defined benefit retirement plan to provide retirement income based on years of credited service with the company and final average pay.

• Financial Planning - Access to various resources and services, including Web site access on critical and timely financial topics and retirement planning tools.

• Insurance - Various insurance coverage plans, including short and long-term disability, employee and dependent life, long-term care and business travel accident insurance.

• Banking Services - Access to a range of on-site banking and other financial services.