Hormel Foods
Fast Fact
In the last 40 years, more than 250 children of company employees have attended college with the help of the Hormel Foods scholarship program.
Awards and Recognition
For each of the past ten years, Hormel Foods has been named one of “The 400 Best Big Companies in America” by Forbes magazine. Also known as the Platinum 400, the list ranks companies against their industry peers in financial performance and stability.
Learn more about our awards and recognition.
You'll Reap the Rewards You Deserve at Hormel Foods
As an employee of Hormel Foods Corporation, you’ll be proud of what you accomplish here and what you’ll earn in return—exactly what you expect from a Fortune 500 company, and more.
You will have peace of mind in knowing that you are covered by one of the most comprehensive and competitive benefits packages in the industry. Your commitment and contributions will be rewarded with a financial and health care package that will enhance the quality of life for you and your family. Our benefits include:
Health:
- Medical Insurance
- Dental Insurance
- Vision Insurance
- Prescription Drug Plan
- Flexible Spending Account
- Group Life Insurance
Additional Benefits may include:
- Paid Vacation
- Educational Assistance
- Wellness Program
- Educational Matching Gifts Program
- Career Development Tools
- Employee Assistance Program
- Company Vehicle for Sales Representatives
- Relocation Assistance
- Performance-based Compensation
- Pension Plan
- Profit Sharing Trust Plan
- Tax Deferred Incentive Plan – 401K
- Stock Purchase Plan
- Disability Insurance
- Accidental Death Insurance
Hormel Foods Corporation is an Equal Opportunity Employer.
For Your Health and Well-Being:
- Education Assistance: Our educational assistance program reimburses approved undergraduate tuition 100 percent up to $2,000 per year and approved graduate tuition 80 percent up to $5,250 per year. Our career development program features training and coaching that facilitate and encourage career enhancement and advancement
- Health Care Program: Hormel Foods is proud of the health care benefits we provide all employees. Affordable and comprehensive, our health care program offers medical, dental, vision and prescription drug coverage
- Incentive-based Wellness Program: We encourage our employees to maintain a healthy lifestyle by offering wellness points at our corporate offices, redeemable for merchandise, earned by exercising and maintaining good safety and health practices. We also offer free workout facilities in our corporate offices and activities to promote employee wellness, such as health fairs, healthy dining options and group walks
For Your Financial Growth:
- Retirement Savings Plans: Practically all Hormel Foods employees are eligible for a retirement plan with company contributions. In fiscal year 2005, we contributed $20 million to our defined contribution plans, which are both fully funded with a funding ratio of over 100 percent
- Profit Sharing: We established our profit sharing plan as a method to return a portion of the company's profit back to employees either as a payment in cash or as a contribution to the Joint Earnings Profit Trust Plan. In 2005, we shared more than $14.5 million with our employees.