Circle K Employee Benefits Review: Are Their Careers Worth It?

Circle K Employee Benefits Review: Are Their Careers Worth It?

Founded in 1951, Circle K is a global convenience store chain. The company went bankrupt in 1990 and was acquired by various owners until it came under the ownership of Alimentation Couche-Tard in the year 2003. Circle K employee benefits are comprehensive and make the company a good workplace.

Circle K is headquartered in Tempe, Arizona, Canada and has chains in more than 20 countries and almost all the U.S. states. It has come a long way since its humble beginning. Circle K earns revenue of $2 to $5 (US) billion annually.

Circle K Employee Benefits Team

Ina Strand – Chief Human Resources Officer

Ina Strand – Chief Human Resources Officer

Ina Strand is currently the Human Resources Officer at Circle K Corporation. She was previously the Senior Vice-President of special projects at the company and handled a lot of international assignments. She took up the role of Chief of Human Resources Officer at Circle K in April 2017 and has been managing all the HR-related responsibilities successfully ever since.

Ina Strand earned her Master of Science degree from Norwegian University of Science and Technology.

Find Ina Strand on:

Bloomberg

What are Circle K Employee Benefits?

Circle K offers the following major employee benefits:

Employee BenefitsDescription
Health Insurance
Circle K offers a variety of health insurance plans.
Dental Coverage
Basic dental coverage is available.
Vision Coverage
Basic vision coverage is available.
Health Savings Account (HSA)
Circle K offers HSA account and contributes a generous amount to it.
Flexible Spending Account (FSA)
Circle K offers FSA account that enables you to set aside pre-tax money and use it on eligible health issues and dependent care.
Occupational Accident Insurance
Occupational Accident Insurance is provided for just $10 per month. You are covered for up to $30K in expenses.
Life insurance
Basic life insurance coverage is provided in which your beneficiary will get the amount equal to your base annual salary in case of death.
401 (K) Plan
The company offers a match up to 6%.
Vacation and Paid Time Off
2 weeks of paid vacation per year is given to full time workers.
Paid Holidays
7 Days of paid holidays are given.
Sick Days
5 paid sick days per year are given to employees.
Tuition Assistance

Tuition reimbursement program is available for job related courses from accredited colleges and universities.
Accidental Death and Dismemberment
Insurance
The company provides basic AD&D insurance coverage in which Circle K provides a lump-sum amount of money to either you or your beneficiary in case of injury or death.
Job TrainingEmployees are given on-sight job training.

What Employee Benefits is Circle K Known for?

Circle K employee benefits play a major role in establishing a good relationship between the employer and employees. The company provides a comprehensive benefits package that takes care of employees’ health and financial wellbeing. It also allows them to maintain a work-life balance.

Here are some of the key employee benefits that contribute offered at Circle K:

  • Health Insurance
  • Dental and Vision coverage
  • 401 (k) match up to 6%.
  • AD&D insurance
  • Life insurance
  • Paid time off
  • Tuition reimbursement program

Circle K provides its employees with comprehensive health benefits which include dental and vision coverage. Dental Plans are offered through Cigna and you can choose between the Basic plan and the Plus plan.

As for vision coverage, Circle K provides two types of vision coverage to its employees through EyeMed – the Access C plan and the Access H plan. The Access C plan includes one eye exam per year and discounts on eyeglasses and lenses. The Access H is a full-service plan that covers one eye exam every 12 months and free eyeglasses or lenses every 24 months.

Employees can also opt for HSA and FSA accounts to set aside some pre-tax money for healthcare and dependent care expenses.

Circle K provides financial stability through its 401 (K) Plan. The 401 (K) Plan offers a 100% match up to 6% of employees’ salaries, which enables them to save money for retirement.

The AD&D insurance and Life insurance provides employees and their families with financial security in case of injury or death. In case of accidental death, employees’ beneficiaries get life insurance, which is equal to the employee’s base salary.

How Does Circle K Help with Student Loans?

Circle K does not offer student loan payback support to its employees. However, Circle K does offer a tuition reimbursement program to its employees for job-related courses from accredited colleges and universities. The company offers 100% reimbursement which makes it an amazing opportunity for employees to continue their studies and earn a degree in their field without giving up their career.

Student loan assistance is something that college graduates look for when they seek a job. These loans have become a huge problem in America as they have become one of the leading causes of financial instability for college graduates.

Therefore, job seekers want to work for employers that help with student loan repayment. The encouraging news is that many corporations are thinking of offering the program to help with student loans of their employees. But how best to implement the student loan program benefit?

FutureFuel offers one of the most effective ways of implementing the benefit. It is a platform that offers a convenient management system for both employees and employers.

FutureFuel lets employers open accounts that can be used to contribute to employees’ student loan funds. The employee, on the other hand, can open an account to manage student loan payments in an organized and efficient way.

How do Circle K Benefits Change for Different Jobs?

Circle K is a well-known name amongst convenience stores and has chains all around the world. The company is known for its employee benefits which make it a good workplace. Although the benefits are offered to all employees, they are not the same for all job types and levels.

Here are some of the ways in which the benefits are likely to change for different jobs:

  • Health insurance coverage depends on your location, state or country policies.
  • The number of paid days off depends on your years of service. Employees with more years under their belt get more time off.
  • New hires do not have access to all the benefits.
  • Part-time employees do not get the same benefits as full-time employees.

How Circle K Improved its Benefits Package Overtime?

Circle K was founded in 1951 and it went through several transitions before getting acquired by Alimentation Couche-Tard in 2003. The company has worked its way up and is a global name today. Circle K knows the importance of happy and motivated employees and, therefore, has always kept the wellbeing of its employees in focus.

Circle K has always ensured that its employees get the best of benefits that meet all the industry standards. The company has improved its health insurance and life insurance plans to make them more affordable and comprehensive.

Moreover, there are a few benefits that get better as your number of service years increases. For example, your savings account and PTO will offer more as time goes by.

Besides updating its benefits, the company also keeps introducing new incentives for its employees.

Are Circle K Careers Worth it?

Circle K is a well-known chain of convenience stores and is recognized globally. The company offers a good work environment for all its employees. The salary along with benefits and good career growth makes it a good place to work.

Here are some additional factors that make Circle K careers worth it:

  • Benefits like health insurance, life insurance, AD&D insurance are affordable which means that employees can save a lot of money and achieve financial stability.
  • The 401 (K) Plan allows employees to have a reasonable savings plan that can help them save up for retirement.
  • The tuition reimbursement program can help employees continue their studies and earn a degree without giving up their careers. This can help them grow in their field.

Discover Circle K Jobs and Careers

Here are some of the most reliable websites you should visit to get information about all the latest available job openings:

Circle K Careers

The official careers page of Circle K has all the job vacancies listed categorically. You can click on the category of your choice and choose the job title you want to apply for. All job listings come with added description which includes details like minimum qualifications of the candidate, responsibilities, and skills needed for the job, etc. You can apply for a job directly through the website.

Circle K Glassdoor

Glassdoor has around 4.0 K job listings across various locations. All jobs come with details like job descriptions, requirements, and responsibilities. You can use the website’s search feature for your convenience. Glassdoor has a reviews section which can serve as a great tool to find out what other Circle K employees have to say about the company.

Circle K Indeed

Indeed is another platform to look for a job opportunity at Circle K. Like Glassdoor, Indeed also has all the job vacancies listed from all the locations. You can use the search tool to narrow down your search and save time. Indeed has a Q&A section, which can help answer any questions that you have about the company.

Circle K LinkedIn

Another good place to look for a job at Circle K is LinkedIn. You can use the search engine to look for jobs based on your preferences. You can submit your application directly on the company website through LinkedIn.

 

 

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