Martin Bros. Culture, Benefits & ESOP
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Culture
In 1940, Roy and Glen Martin founded Martin Bros. Distributing Co. with great determination and a handful of cash. They laid their foundation with a commitment to strong family values and an emphasis on customer relationships defined by “Legendary Customer Service”.
Over time, Martin Bros. grew into an independent, full-line distributor offering customers everything they need for their foodservice operation. In 1960, Martin Bros. was incorporated and in 1981 all employees transitioned to employee-owners through the creation of an ESOP. With each adaptation along the way, Martin Bros. has remained committed to the same goals and values that laid the foundation for our success at its inception.
Martin Bros. has achieved ongoing success through the years, and we attribute every bit of that success to the dedication and teamwork of our employees. Every employee plays a vital role in our ongoing success:
Our Vision
Our vision is to provide Foodservice with a difference that delivers legendary customer service.
Our Mission
Our mission is to serve our valued customers, vendors and employees with innovative solutions and superior performance
Our Promise
Committed to providing quality products and services backed with quality performance to every customer, every time.
Our Core Values
Family | Passion | Integrity | Teamwork | Innovation | Legendary Customer Service
Iowa Top Workplace
Martin Bros. was awarded a 2016 Top Workplaces honor by The Des Moines Register, identifying our company as one of the best to work for in the state. Top Workplaces are based solely on the results of an employee feedback survey measuring several aspects of workplace culture, including alignment, execution and connection, just to name a few.
Blue Zones Worksite
Martin Bros. has been recognized as a company that empowers employees to be happier, healthier and more productive by creating a healthier work environment.
Benefits
Martin Bros. offers a wide range of benefits to meet the various needs of our employees. The following is a summary of our current benefits; specific information on benefits can be obtained at the time of interview.
- Health insurance
- Dental insurance
- Vision insurance
- Health and dependent care flexible spending accounts and health savings accounts
- Short-term and long-term disability insurance
- Basic life insurance including accidental death and dismemberment, provided by the company at no cost
- Additional life insurance (employee, spouse and dependent coverage)
- Critical illness, hospital indemnity and accident coverage
- Legal and identity theft coverage
- 401K
- Employee Stock Ownership Plan
- Paid vacation, sick leave and holidays
- Bonuses
Martin Bros. offers extra benefits beyond your typical salary and benefits package, including:
- Casual work environment
- Discount at Martin Bros. retail locations
- Casual dress days
- Holiday parties
- Company outings
- Employee reward and recognition programs
- Wellness program:
- Health club reimbursements
- Health screenings and assessments
- Sports teams (softball, golf, volleyball, kickball, bowling)
Many of these extra benefits are also extended to employees' immediate family members.
E.S.O.P.
At Martin Bros., every full-time employee is an owner in the company!
ESOP stands for Employee Stock Ownership Plan. It’s a form of an employee retirement plan similar to a 401(k) in which company shares are distributed to employees. Don’t confuse ESOP with the standard retirement plan, however. The two are very different.
No action is required to join and there is no cost to you. Once you have worked for Martin Bros. for one year and logged at least 1,000 hours in a 12-month period, you will be automatically enrolled into the plan during our next enrollment period, provided you are 21 years of age.
At Martin Bros., the ESOP is a way for everyone to have a positive impact on the health of the organization. Everyone’s contributions affect the overall financial benefit provided for retirement. And since we all have skin in the game, this inspires collaboration, a positive work environment and a team of individuals who are consistently looking to make Martin Bros. succeed through smarter processes, improved teamwork and most importantly by providing a service level to our customers that cannot be matched.
Every June Martin Bros. distributes a statement of account activity for the preceding year to all ESOP plan participants. Your statement will show the benefits you have earned and the value of those benefits. The value is determined once a year by an independent appraiser.
At Martin Bros., you own your future. Your contributions make a difference, and everyone working together with the same goals makes us more profitable, more competitive, and provides an environment where we all love to work!