{"id":85346,"date":"2022-12-20T14:00:00","date_gmt":"2022-12-20T19:00:00","guid":{"rendered":"https:\/\/retrofitmagazine.com\/?p=85346"},"modified":"2022-12-19T19:51:09","modified_gmt":"2022-12-20T00:51:09","slug":"marvin-completes-2022-profit-sharing-expands-employee-benefits","status":"publish","type":"post","link":"https:\/\/retrofitmagazine.com\/marvin-completes-2022-profit-sharing-expands-employee-benefits\/","title":{"rendered":"Marvin Completes 2022 Profit-sharing, Expands Employee Benefits"},"content":{"rendered":"\n

Marvin<\/a>, a premium manufacturer of windows and doors, has shared its 2022 profit-sharing with the company\u2019s more than 7,000 employees, just one of the expansive employee benefits and perks available at Marvin. This announcement marks the 65th year of profit-sharing in the company\u2019s 110-year history.<\/p>\n\n\n\n

\u201cAs a fourth-generation, family-owned and -led company, we view our employees as a part of our family \u2013 and we think it is imperative to treat them as such,\u201d says Paul Marvin, CEO of Marvin. \u201cThis year, in addition to profit-sharing, we have worked to expand our benefits program to provide employees with the perks that they find meaningful and will use the most.\u201d<\/p>\n\n\n\n

Every year, Marvin conducts an employee engagement survey to gather insights on evolving employee needs and how the company can adapt to better meet those needs. The gift of more time is a theme that revealed itself through this process, and this year, Marvin is piloting several new programs to give employees just that.<\/p>\n\n\n\n

Earlier this year, Marvin announced \u201cBetter Living Week,\u201d a new initiative in which the company will close from Dec. 26-30 to provide employees an opportunity to rest, reset and recharge. Marvin also offers additional paid time off for years of service milestones and scheduling flexibility, benefits that are inclusive of Marvin\u2019s entire workforce.<\/p>\n\n\n\n

In addition, Marvin reimagined its wellness reimbursement program into the new \u201cWell-Being Your Way\u201d program, which grants employees full reimbursement for up to $300 per year for anything that supports their well-being. From a plane ticket to see friends or family to a meal service to help with dinner, booking fitness classes and more, the program is designed to help cover the cost of whatever helps employees spend more time doing the things they love.<\/p>\n\n\n\n

\u201cWellbeing is at the core of our company ethos, and we believe that starts with our employees. We strive to create products that enable our customers to live better, but it\u2019s our employees who make this possible. We\u2019re continually searching for new ways to support our teams at and outside of work and are thrilled to be able to share profits again this year as an added benefit at the end of a busy year for our company,\u201d Marvin says.<\/p>\n\n\n\n

With the latest profit-sharing announcement, Marvin is rounding out a year of evolved employee benefits that continue breaking industry conventions, delivering innovative employee benefits across both its manufacturing and corporate operations. <\/p>\n\n\n\n

CEO Paul Marvin announced that more than $12.5 million in profits would be shared among 7,062 employees across all Marvin locations this year. Over 65 years, the company has shared more than $375 million with employees. When adjusted over the decades to 2022 dollars, the total amount shared with employees tops $650 million.<\/p>\n","protected":false},"excerpt":{"rendered":"

Marvin, a premium manufacturer of windows and doors, has shared its 2022 profit-sharing with the company\u2019s more than 7,000 employees, just one of the expansive employee benefits and perks available at Marvin. This announcement marks the 65th year of profit-sharing in the company\u2019s 110-year history. \u201cAs a fourth-generation, family-owned and -led company, we view our<\/p>\n","protected":false},"author":95,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":".@TheMarvinBrand Completes 2022 Profit-sharing, Expands Employee Benefits ","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[202],"tags":[20385,1242,44252,44253,44254],"ppma_author":[48795],"jetpack_publicize_connections":[],"yoast_head":"\nMarvin Completes 2022 Profit-sharing, Expands Employee Benefits - 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