NEWPORT BEACH, Calif.,
Nov. 5, 2019 /PRNewswire/ -- Chipotle
Mexican Grill (NYSE: CMG) announced today that it will be
providing access to mental healthcare and financial wellness for
more than 80,000 employees in 2020 through Employee Assistance
Programs and enhanced benefits offerings. This is just one of the
many ways that Chipotle continues to enable its workforce by
offering world-class benefits.
By simplifying access to mental health benefits and identifying
work-related risk factors, Chipotle is trying to minimize the
effect of mental health in the workplace. All Chipotle associates
and their family members will have the opportunity to receive
personalized assistance from healthcare experts before, during and
following medical needs through a partnership with Health
Advocate, regardless of whether they are enrolled in the
company's medical plan. Mental health and emotional support will
also be extended to all employees and their family members through
in-person, phone or virtual visits with a licensed counselor to
support personal, professional, mental, financial and/or legal
concerns. Chipotle offers its employees a seamless, digital
experience with easy access to providers and care.
"This is just the beginning of how we're strategically investing
in the well-being of our employees and their families," said
Marissa Andrada, Chipotle's Chief
People Officer. "Our vision for people is to create a culture
where employees can thrive and pursue their passion and by
extending access to all levels and enriching our Employee
Assistance Program, we are ensuring that our employees can build
mental fitness and bring their best selves to work every
day."
Additional enhancements to Chipotle's 2020 suite of benefits
available to all include:
- Cultivate Me portal (UPoint): A dynamic benefits site
that will bring the entire Chipotle healthcare ecosystem to
employees' mobile phones
- Healthcare plans: Enhanced hourly PPO plan for eligible
crew in addition to the Preventative Plus plan
- Financial Wellness: Access to Ayco's financial
counseling platform, including an assessment, checklist and
accompanying education to assist with financial planning
- Fitness Centers: Access to national gyms with discounted
pricing
Communicating and encouraging use of these new programs can make
a real impact when it comes to managing mental illness in the
workplace. According to a study by PwC, money causes the most
stress in the lives of almost 60 percent of people. Chipotle
recognized this when it introduced both debt-free degrees and a new
crew bonus program this year, which allows its restaurant
teams the opportunity to earn up to an extra month's pay each year;
in order to do so, pre-determined sales, as well as cashflow
and throughput goals must be achieved quarterly. The bonus
(calculated as an individual's average weekly pay per quarter),
valued at more than $1 million last
quarter, was achieved by 135 restaurants and 3,100 employees.
Chipotle Crew members also receive a number of other compelling
benefits, including a debt-free degree or tuition reimbursement up
to $5,250 per year, free English as a
second language and GED classes for employees and family members,
as well as available dental, vision and medical insurance.
ABOUT CHIPOTLE
Chipotle Mexican Grill, Inc. (NYSE:
CMG) is cultivating a better world by serving responsibly sourced,
classically-cooked, real food with wholesome ingredients without
artificial colors, flavors or preservatives. Chipotle had over
2,500 restaurants as of September 30, 2019, in the
United States, Canada, the United
Kingdom, France and Germany and is the only
restaurant company of its size that owns and operates all its
restaurants. With more than 80,000 employees passionate about
providing a great guest experience, Chipotle is a longtime leader
and innovator in the food industry. Chipotle is committed to making
its food more accessible to everyone while continuing to be a brand
with a demonstrated purpose as it leads the way in digital,
technology and sustainable business practices. Steve Ells,
founder and Executive Chairman, first opened Chipotle with a single
restaurant in Denver, Colorado in 1993. For more
information or to place an order online,
visit WWW.CHIPOTLE.COM.
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SOURCE Chipotle Mexican Grill