Pros
None. Prediction: A large number of long term employees will leave the company within the year
Cons
-Good Insurance but it costs the Employee outrageous monthly contributions -NO 401K Matching -Changed existing PTO Vacation Policy from an accrual rollover plan with a cap of hours to an accrual policy in which employees will accrue their vacation time throughout the year (1-1.75 days per month based on length of employment) but will be required to use it before calendar year end. Employees will not accrue their full vacation time until their last paycheck of December, but will be expected to use that time or lose it by the end of December. The employee will be able to use time that has not been accrued if their request to do so is deemed worthy and they will go into a negative balance in their PTO Bank but if the employee leaves or is fired or let go MTM will dock the time and money from the employees last paycheck. MTM has set-up a PTO program that they can profit off the employees unused time or their "negative" time used if their employment is terminated. The policy is effective for all employees whether you have been employed for 1 year or 20 years. A 20 year employee will start each new calendar year with no available PTO time -PTO time is greatly restricted by numerous blackout dates that the company finds to be inconvenient or "detrimental" to them -Numerous financial bailouts have kept this company afloat over the years, due to Steve Stringer and upper management's gross mismanagement of funds