Our Benefits Package
Full-time team members at all U.S. locations are eligible for healthcare and disability coverage, life insurance, confidential counseling, retirement programs and education assistance. Part-time and seasonal team members may be eligible for benefits based on the hours they work and their length of service.
Hormel Foods team members are eligible for a retirement savings plan that includes company contributions.
See a comprehensive list of our benefits in our Careers section.
Inspired Health
We encourage and empower our team members to make healthy lifestyle choices. Our companywide Inspired Health initiative includes on-site fitness centers and fitness center discounts, wellness and nutrition challenges and education, and confidential health and wellness support 24 hours a day, seven days a week.
In addition, we have a team member assistance program that offers on-demand mental health resources and access to professional counseling services, and we offer a robust set of physical health benefits. This includes access to a virtual first chronic care provider for those team members looking to make lasting changes to improve health.
The program, through a leading vendor, combines behavior science, clinical protocols, and health and nutrition counseling to tackle a host of chronic conditions to improve lasting health.
Compensation
Our goal is to attract, retain, motivate and reward high-performing individuals. We strive to be the employer of choice in all areas where we have locations by providing a fair living wage and comprehensive benefits package to meet the needs of team members and their families.
We follow all established minimum wage requirements. However, minimum wages are generally not relevant, as most of our entry-level positions at our office locations and production facilities require a higher level of skills or knowledge than jobs in which the minimum wage would apply. We review compensation at least annually to ensure it is equitable.
We offer merit-based pay increases based on a formal performance management process, and we use a well-established process that is blind to race, gender, ethnicity or ability for determining related pay changes.
Profit Sharing
We return a portion of our profit back to team members, either as a cash payment or a contribution to our Joint Earning Profit Sharing Trust Plan. In fiscal year 2018, we distributed $17.9 million to eligible team members.
Flexibility
We look for ways to help team members find a healthy, happy work-life balance. This includes flex time, alternative work schedules, part-time positions, telecommuting, a summer-hours program and flexible leave options following a child’s birth, adoption or placement in foster care.