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Benefits

We are strongly committed to attracting and retaining energetic and talented people at Mitsubishi Motors. We want people who embody our brand and who are committed to helping our company make a difference in a highly competitive industry. We understand that to attract and retain high caliber people, we must offer high caliber benefits. And, at Mitsubishi, we've designed our employee benefits with the same attention to quality, competitiveness and value with which we design our vehicles. Please take a moment to review the benefits we have listed below.

Medical, Dental, and Vision Care Insurance:

Employees choose from a variety of medical and dental plans that best fit their needs. Full-time employees can cover a spouse or domestic partner and eligible dependents. Employees pay a minimal cost for the medical insurance and receive dental and vision insurance at no additional cost. Coverage begins on the first day of the month following the employee's hire date.

Basic Life Insurance:

Mitsubishi provides basic life insurance in the amount of two times the annual base salary up to $900,000 for all full-time employees at no cost.

Supplemental Life Insurance:

Full-time employees may purchase additional life insurance by one, two, three, or four times their annual base salary for themselves.

Dependent Life Insurance:

Full-time employees may purchase additional life insurance for their eligible dependents.

Basic Accidental Death & Dismemberment (AD&D) Insurance:

Mitsubishi provides AD&D coverage in the amount of two times their annual base salary, up to $500,000 for all full-time employees at no cost.

Voluntary Accidental Death & Dismemberment (AD&D) Insurance:

Full-time employees may purchase additional AD&D coverage for either themselves or their entire family.

Business Travel Accident

Mitsubishi provides Business Travel Accident Insurance to full-time employees. The plan covers certain emergencies while away from home on a business or personal trip, concierge services, travel medical assistance and personal security assistance.

Voluntary Short Term Disability (VSTD) Insurance:

Full-time employees who work in a state without a state-mandated disability plan may purchase VSTD insurance coverage at a low cost.

Income Continuation Plan (ICP)

Full-time employees who receive a disability payment will also receive supplemental pay through the company. The total benefit amount (disability payment and company supplemental pay) is based on years of continuous service. This amount begins at 90% of base salary and then reduces to 60% of base salary for a maximum of 25 weeks.

Long Term Disability:

Mitsubishi provides long term disability insurance at no cost to full-time employees, coverage provides 66 2/3% of base pay, offset by any other sources of disability income, with a maximum monthly benefit of $10,000.

Savings Plan (401k):

  • Employees can save money for retirement by contributing to the 401(k) account on a before-tax and/or after-tax basis. With some restrictions, employees may contribute 2-100% of their pay. New employees are automatically enrolled with a 3% before-tax contribution but can opt or change this election at any time. Employees can rollover eligible funds from a previous qualified plan into the Mitsubishi plan.
  • Mitsubishi matches up to 66 2/3% of the first 6% of employee contributions. Matched contributions are subject to a vesting schedule which increases 20% each year until 100% in the fifth year.

Company Annual Retirement Plan (CAR):

Mitsubishi funds this plan entirely; there are no employee contributions. Employees must be employed on the last day of the plan year (December 31) to receive the company contribution. The contribution amount an employee receives depends on years of service with Mitsubishi and current base pay.

Health Care Reimbursement Account:

Full-time employees can save tax dollars on eligible health care expenses by contributing to a reimbursement account.

Dependent Care Reimbursement Account:

Full-time employees can save tax dollars on eligible dependent day care expenses by contributing to a reimbursement account.

Employee Assistance Plan (EAP):

The EAP vendor provides confidential, personal support for a wide range of issues impacting your work and personal life. Get a referral for services, such as child care or elderly care, or speak with a counselor about a personal matter affecting your life.

Legal Plan

Full-time employees may purchase a legal service plan. The plan offers access to attorneys for a variety of legal needs. Employees receive unlimited telephone advice and office consultations with an attorney of their choice.

Wellness Program:

Mitsubishi promotes health and wellness through structured exercise and lifestyle changing activities. There are incentives for employees who choose to participate.

Nurse Advice Line:

Employees have unlimited and free access to health care professionals who will provide information and support needed to help them understand a medical problem and/or evaluate self-care possibilities. This service is available 24 hours a day, 7 days a week.

Employee Lease Car Program:

Full-time employees with an approved driving record are eligible to lease up to four Mitsubishi vehicles at any one time. Monthly lease payments are deducted from the employee's paycheck. Insurance and maintenance costs are covered as part of the lease payment. The lease terms are 12 month or 15,000 miles, whichever occurs first. The employee's spouse, domestic partner and dependent children (ages 16 to under 25) are also eligible with an approved driving record. Part-time employees may also lease a vehicle after only one year of service, provided their bi-weekly pay will support the lease payment.

Vehicle Purchase Program:

After 90 days of employment, full-time employees, their spouses, children, parents, siblings, spouse's children, spouse's parents and/or spouse's siblings are eligible to purchase new vehicles from participating Mitsubishi dealers at near dealer cost. Full-time employees also have the option to purchase off-lease vehicles at reduced prices through Mitsubishi's Company Cars department.

Educational Reimbursement:

After 90 days of continuous employment, Mitsubishi will reimburse full-time employees for undergraduate and graduate level college courses successfully completed. Courses should be related to the employee's current position and/or prepare for a future position with Mitsubishi. Part-Time employees are eligible after one year of continuous employment.

Brass Ring:

We have an innovative on-line job posting and application system to help employees move up and around the company. Open positions are posted on-line. Interested candidates can view job descriptions and other details about the opening and submit their resume electronically and directly to the hiring manager.

Vacation:

Full-time employees accrue 10 days paid vacation per year during the first four years of service. Vacation accrual rates increase after completion of five, ten, and fifteen years of service. Part-time employees earn vacation at one-half the rate of a full-time employee.

Holidays:

Mitsubishi schedules up to 14 paid days per calendar year including a paid holiday shutdown period between the Christmas and New Year's holidays.

Casual Absence:

This benefit may be granted with or without pay for reasons including illness, injury and other personal matters of a compelling nature. Non-exempt full-time employees are granted six days each calendar year. Employees hired during the year will be granted a pro-rated amount of 4 hours each month. At the end of each calendar year any balance of 16 hours or less will be carried over to the next year. Balances in excess of 16 hours will be paid out to the employee as supplemental income. Part-time non-exempt employees are granted three days each calendar year and any balance greater than 8 hours will be paid out at the end of the calendar year. Exempt full-time employees are granted five days at the start of each calendar year. Employees hired during the year will receive a prorated amount of 3.3333 hours per month. Any unused time will be converted to a Disability Absence Bank. Part-time exempt employees are granted two days per year.

Business Attire:

Our "corporate casual attire" is a style of dress that demonstrates professionalism, good taste, and our team spirit!

    Men:

    Suits, jackets/sport coats with ties are always acceptable. Clothes with the Mitsubishi logo are also acceptable. Clothes that meet the following business casual guidelines are acceptable:

    1. Shirts - long/short sleeve dress shirt with a collar, polo style shirt, sweaters;
    2. Pants - Dress pants, dress corduroys, Docker-style pants (khakis);
    3. Shoes - Lace-up loafers or dress shoes. Socks must be worn.

    Women:

    Business suits are always acceptable. Clothes with the Mitsubishi logo are also acceptable. Clothes that meet the following business casual guidelines are acceptable:

    1. Dresses - Dresses, skirts;
    2. Shirts - Blouses, turtlenecks, blazers, sweaters, sleeveless blouses;
    3. Pants - Dress slacks, dress knit pants, Docker-style pants (khakis);
    4. Shoes - Heels, flats, loafers, lace-up shoes, dress sandals.

Fridays are business casual dress for everyone. Clean jeans and tennis shoes are acceptable attire on Fridays.

Additional Programs and Services:

  • 24-Hour Fitness membership discounts for employees and their families.
  • Annual Food Drive
  • Health & Wellness Activities
  • Discounts for activities and amusement parks via Recreation Connection
  • Employee Referral Award Program
  • Employee Service Award Program
  • Employee Parts Purchase Program
  • "Mitsubishi Motormouths" Toastmasters Club
  • Discounts on Mitsubishi Electronic products
  • Credit Union (Cypress, CA and Texas)
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