MikBenefits-Michaels Employee Benefits

Michaels team members have complete access to a variety of michaels employee benefits designed to support your family which is also known as MikBenefits. These benefits are diffrent for fulltime employee and part time employees.

Whether you are a part-time or full-time employee at michals. I am talking about Michales Employee benefits in this post. Just read this article carefully. I am sharing this details which are taken from the official source just for the information purpose employees.

Michaels provides a variety of additional benefits to support your health, finances, and overall well-being.

Here in this post is giving quick overview of the Michals employee benefits as part of your job package.

All Michaels Employees Benefits No matter your position or location, all Michaels employees can enjoy these core benefits:

michaels employee benefits

Participating in the Michaels 401(k) plan will help you to protect your future. After 500 hours of service, part-timers qualify to participate.

Complementing employees in overcoming challenging circumstances, the Employee Assistance Program (EAP) provides free, confidential counseling and assistance for both personal and professional issues.

Michaels offers several leave choices if you need time off for personal, medical, or family reasons so you may give top priority to important issues free from job-related considerations.

Michaels Employee Benefits Available to All Team Members

  • Michaels provides financial support to aid with certain costs should you be thinking about expanding your family via adoption.
  • With tuition aid, are you ready to keep learning? Michaels can assist with the expenses related to recognized educational courses, so offering the required support to improve your profession.
  • All available through the PerkSpot platform, PerkSpot is your portal to savings on a variety of items and services, including travel discounts and gadgets.
  • At Michaels locations, every employee enjoys a 30% discount on regular and sale items as well as a 65% discount on custom frame services. Whether for remodeling your house or buying craft supplies, this advantage can lead to major savings.

Benefits Available to Full-Time Team Members

  • advantages for Michaels workers full-timeFull-time workers are qualified for extra perks like financial packages and thorough healthcare.
  • Medical, dental, vision, and prescription drug plans let full-time workers safeguard their health and that of their families.
  • Teladoc provides behavioral health services and telemedicine, so allowing you to get treatment right from your house. Teladoc allows you to phone or video consult with a doctor or mental health expert.
  • The Choice HSA plan lets you pre-tax money save in an HSA for medical costs.
  • Critical Illness and Accident Coverage gives Additional financial protection in case of a critical illness or accident, helping employees manage unexpected medical expenses.
  • Flexible Spending Accounts workers designate pre-tax money for dependent care and medical bills.
  • Basic life insurance and accidental death and dismemberment coverage are offered; other coverage choices exist to safeguard staff members and their families.
  • Short Term Disability and Long Term Disability benefits offer financial protection if an employee is unable to work due to illness or injury.
  • Additional financial insurance in case of a serious sickness or accident helps workers control unanticipated medical bills.

Enrollment and Changes to Benefits

Full-time team members can make changes to their health and welfare benefits within the following periods:

  • 30 days of becoming eligible,
  • During Open Enrollment, or
  • Following a qualifying life event (such as marriage, the birth of a child, gaining or losing other coverage).

Changes related to life events must be made within 30 days as per IRS rules. Otherwise, adjustments will have to wait until the next open enrollment period. For ease, employees can manage their benefits through Workday, a self-service platform where they can update their coverage and refer to the Workday Learning Benefits resource aid for guidance.

Part-Time Team Member Benefits

Part-time employees have access to a selection of voluntary benefits, including:

  • Health, Life, Auto, and Home Insurance which are the Part Time team members can enroll in these voluntary benefits at any time by visiting Mercer Indigo.
  • After accruing 500 hours of service. The Part time team members are eligible to enroll in Michaels 401(k) plan. It is offering a way to save for their future.

How to Access More Information About Michaels Employee Benefits?

Employees looking for detailed information about their benefits can visit MIKBenefits.com, where all benefit plans are outlined.

It is important to note that benefit details may change, so employees are encouraged to refer to the official plan document.

These will always take precedence over any summary found in the handbook.

Michaels Employee Benefits Support and Assistance

For team members who face harassment or retaliation, Michaels provides an anonymous hotline (888-226-3443)

A website (michaels.ethicspoint.com) for reporting issues confidentially. Michaels is committed to maintaining a safe and supportive work environment for all its employees.

Conclusion

Michaels offers a well-rounded benefits package that supports both full time and part time employees. Whether it’s access to health care, financial security through retirement plans, or discounts on craft supplies, the company ensures that its team members and their families are taken care of. By making these benefits easily accessible through platforms like Workday and MIKBenefits.com, Michaels demonstrates its commitment to helping employees maintain a healthy work-life balance and achieve personal and professional growth.

For any updates or more details, employees are encouraged to frequently check the MIKBenefits website and stay informed about any changes to their plans.

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