MMI Team Member Handbook 05.19.2017

elected. All hourly team members are offered STD coverage through a third party provider. After
fourteen (14) days the weekly benefit is 40% or 60% of the team member’s salary for up to six (6)
months. The benefit is determined by the team member’s election at enrollment.
Long‐Term Disability Benefits
After 60 days of service, MMI offers all regular full‐time team members (i.e., regular full‐time team
members who are regularly scheduled to work a minimum of 30 hours per week) a voluntary long‐term
disability (LTD) base plan. This noncontributory base plan provides for monthly LTD benefits of 50% of
basic monthly earnings to a maximum benefit of $1,000 per month, less any other offsets.
401(k) Plan
Saving isn’t always easy. However, it is still important if we expect to achieve some of the dreams each
of us have for the years ahead. MMI offers eligible team members to participate in our company
sponsored 401K retirement plan after six months of employment. Eligible team members include any
regular full‐time or part‐time team members scheduled to work 20 hours or more per week and who are
21 years of age or older. Benefits of the 401K retirement plan include:
Pre‐tax contributions from your paycheck.
Earnings grow tax free.
Company discretionary match (as determined by the Board of Directors),
Financial hardship withdrawals allowed,
Plan loans allowed.
Further details about the Plan may be obtained from the Human Resource department and the Plan
document.
Recognition of Service
MMI values loyal and faithful service. Therefore, MMI will recognize and reward tenure in 5 year
increments to team members with continuous service.
Five Years ‐ $400 Value Gift Card
Ten Years ‐ $500 Value Gift Card
Fifteen Years – Choice of a $300 Value Gift Card
Twenty Years – Cruise for two or three day vacation for two with airfare and hotel not to exceed
$1,500,
Twenty Five Years ‐ $1,000 Gift Card
Thirty Years – Vacation for two, anywhere in the continental US and four nights lodging not to
exceed $2,500 combined and $500 in cash. Thirty Five Years ‐ $1,500 Gift Card
Forty Years – Vacation for two, including round trip airfare, five nights lodging not to exceed
$2,800 combined and $700 in cash
Complimentary Rooms
MMI team members are eligible to receive complimentary accommodations at an MMI operated hotel.
Stays that include more than one room reservation will be subject to a $59 per room fee for owned
hotels or $79 per room fee at owned resort hotels. Stipulations include:
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