Hyatt Employee Benefits Review: Are Their Careers Worth It?

Hyatt Employee Benefits Review: Are Their Careers Worth It?

Hyatt Hotels Corporation is a multinational hospitality chain that owns hotels, resorts, and recreational properties. One of the largest hotel chains in the world, Hyatt is known for its extensive range of luxury hotels, and of course, Hyatt employee benefits. In fact, Hyatt ranked at number 186 on Fortune’s list of America’s Best Employers for 2018.

Established in 1977, Hyatt currently employs over 45,000 people, owns 777 properties, and operates in 54 countries. It also sits at number 580 on the Fortune 1000.

Read on to learn more about the employee incentive programs that the Hyatt workforce enjoys.

Hyatt Employee Benefits Team

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Malaika Myers, Chief Human Resources Officer at Hyatt Hotels Corporation

Malaika Myers is the Chief Human Resources Officer at Hyatt Hotels. She is responsible for overseeing employee engagement, as well as, directing daily HR operations. Myers has been the CHRO at Hyatt since September 2017.

Find Malaika Myers on:

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What are Hyatt Employee Benefits?

Hyatt has created a set of employee benefits that appeal to people looking for a career in hospitality.

Here are some of the key employee benefits at Hyatt Hotels:

Employee BenefitDescription
Health InsuranceHealth insurance coverage for eligible employees.
Vision InsuranceVision insurance coverage for eligible employees and/or their dependents/domestic partners.
Dental InsuranceDental payments shared with employees.
Life InsuranceLife insurance for both current employees and eligible dependents.
401(k) Plan401(k) plan with matchings of up to 3%.
Employee Stock Purchase PlanStocks available for employees at discounted prices.
Paid Time Off & VacationsOff days allocated according to years of service.
Maternity & Paternity LeaveUp to 2 months for primary caregiver and 2 weeks for the partner.
Flexible and Reduced HoursFlexible working hours (pending manager approval).
Free Snacks and LunchSnacks and lunches for employees (depending on property location.
Paid HolidaysUp to 7 paid holidays per year (depending on location).
Bereavement Leave3 days of local (in-country) bereavement leave and 5 days for foreign (out-of-country).
Company Social EventsYearly events for all employees.
Employee DiscountsEmployees can be eligible for discounted or complimentary rooms.
Employee Assistance ProgramsDue assistance from HR, for employees in need.
Tuition AssistanceUp to $1,000 in tuition assistance a year.

What Employee Benefits is Hyatt Known for?

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While Hyatt careers come with an extensive list of benefits, the most popular (according to Glassdoor) are the health insurance, vacation and paid time-off, and the 401(k) plan.

Apart from the standard benefits, here are some of the perks that come with Hyatt jobs:

  • A comprehensive medical insurance plan.
  • 401 (k) match up to 3%.
  • A generous PTO policy.
  • 2 months of paid maternity and 2 weeks of paternity leave.
  • Employee Stock Purchase Plan (ESPP).
  • Employee discounts.

Employee discounts on hotel rooms and travel concierge. The amount waived in terms of hotel room discounts can vary with location. In addition, senior employees can gain access to better rooms and services.

Hyatt also offers free meals to its employees. The on-site staff gets periodic free lunches and snacks. This perk is usually reserved for employees in maintenance and daily operations, with higher-level staff having their own set of company-sponsored meals.

For those looking for long-term jobs at Hyatt, a retirement, as well as, a pension plan is available. The pension plan is stacked on top of the 401(k) and is available (with varying terms and conditions) for all employees.

An employee-stock-purchase-program (discounted stock prices), which is financially beneficial for employees looking to be involved with the company for the long-term.

Hyatt Hotels understands the advantage of an active and motivated workforce, which is why their benefits are geared towards keeping employees engaged and satisfied.

How does Hyatt Help with Student Loans?

Hyatt currently doesn’t have a dedicated student loan repayment assistance program. However, it has a tuition assistance program as part of the Hyatt employee benefits package. US-based employees can get up to a maximum of $1,000 per year in tuition assistance.

It is important to note that the tuition assistance amount varies on a case-by-case basis, and can range from $500-1,000 a year.

With student loan debt totaling over $1.5 trillion dollars as of 2019, companies like FutureFuel are working with employers to help their employees pay off their student debt faster. The platform makes the implementation process of the program easier and student loan management more efficient.

How do Hyatt Benefits Change for Different Jobs?

Most of the Hyatt employee benefits are constant across all positions. However, some perks vary with property location and other factors such as location and prevalent culture.

According to some reviews, the work environment, as well as, the finer perks can vary with locations. Some employees report an ideal job experience, while others have strong negative experiences regarding certain properties.

Employees in management generally report a better experience than call-center and service-centric workers. The latter relay stressful shifts, but ultimately a rewarding position.

Overall though, the majority of current and former employees express satisfaction with their time at Hyatt. Over the years, Hyatt has made efforts to improve its benefits and offer better perks, and the results are starting to show.

How Hyatt Improved its Benefits Packages Overtime?

Hyatt currently offers all the standard benefits that you’d expect from a corporation, today.

The basics such as health, life, vision and dental insurance, as well as bereavement and maternity leaves, have had minor improvements. Those improvements too were made to keep with the times, and not as an effort to attract more working talent.

Hyatt has made a conscious effort to improve on the perks though. Each property has rooms and facilities available to the staff, at either discounted prices or sometimes free for limited use.

There is, however, some discrepancy in the perks across locations. As mentioned earlier, some locations are ideal to work at, with regards to perks. On the other hand, some have less than ideal working conditions, according to some reviews.

On the whole, Hyatt seems to be managing its benefits very well. When it comes to the major benefits, there have been very few complaints.

Are Hyatt Careers Worth It?

If you are interested in making a career in hospitality and/or people management (with good employee benefits of course), then Hyatt is a good place to work in.

Here are some of the best reasons to work at Hyatt, at any level:

  • Their diversity program provides equal opportunity to people from all walks of life
  • Hyatt has a professional development program which offers mentorship and guidance to all employees
  • While somewhat hectic on a day-to-day basis, the lower level staff positions come with interesting perks
  • At the earlier stages of a job, you can get on-job training to improve your skills and even get promoted quicker
  • Employees can have a 12-night hotel stay (after one year of working), with 50% off on food (at some locations).

In addition to the above, the variety of jobs available at Hyatt makes it viable for someone with diverse career ambitions. To sum it up, the range of jobs, as well as the perks and benefits make Hyatt a good place to build a career at.

Discover Hyatt Jobs and Careers

Hyatt Careers

The Hyatt Careers page features all the available jobs across all locations. You can filter jobs by location and/or category. There are also dedicated listings at the bottom, for each department (Rooms, Food and Beverage, Sales and Marketing, etc.).

Hyatt LinkedIn

The website features countless Hyatt job listings across locations. The majority of LinkedIn listings for Hyatt are for management and administration-level staff (Director of Marketing, Taxation Manager, etc.). Also, Hyatt puts up positions mostly in countries other than the US on the LinkedIn portal.

Hyatt Indeed

Indeed has a large number of job postings for careers and part-time gigs at Hyatt, for both on-site as well as corporate staff. There are also a greater number of intern positions available, for fresh graduates and those currently studying.

Hyatt Glassdoor

offers a comprehensive list of Hyatt jobs, complete with offered salary and reviews from both current and former employees. You generally have only US-based jobs on Glassdoor, but you do have a wide variety of jobs; from junior room staff to senior management.

 

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