As a 3Mer, you’ll have opportunities to make a substantial impact, fueled by competitive pay, comprehensive quality benefits and recognition of your achievements.
Your 3M pay recognizes the meaningful contributions you make to business results. Your pay may include two components: base salary and variable pay. While base pay applies to all employees, variable pay is offered to eligible employees.
Annual Incentive Plan
For eligible salaried employees, this links a portion of your pay to company metrics. Based on company performance and eligibility, payments are made to employees annually.
Long-term Incentive Plan
Based on your job level, you may be eligible to participate. Includes stock options, stock appreciation rights, and restricted stock units grants for management employees.
Sales Incentives
Each sales representative's pay includes incentives paid monthly or quarterly, depending on business performance and the business you represent.
Your benefits are an important part of your total compensation, and 3M provides comprehensive, quality benefits to you and your eligible dependents. You are eligible to participate in most of these benefits beginning on your first day of employment.
Medical & Dental
3M pays the majority of the cost for medical and prescription drug, vision and dental coverage. Most of our medical and dental plans provide preventive care coverage at 100 percent.
Health Care & Dependent Care Reimbursement Accounts
Our reimbursement accounts allow you to set aside before-tax dollars to pay for certain health care and/or dependent daycare expenses not paid for by 3M's benefit plans.
Disability Benefits
We provide company-paid short-term and long-term disability coverage in the event you become ill or are injured and unable to work.
Life Insurance
3M offers a variety of life and accidental insurance plans for you and your eligible dependents. Basic life insurance coverage is provided at no cost to you, with other optional life insurance coverage offered at group rates.
Domestic Partner Benefits
We offer same sex domestic partner benefits to employees who meet the requirements of having a domestic partner. Eligible domestic partners and their eligible child(ren) can receive medical and dental benefits, as well as optional life insurance coverage, subject to plan terms and requirements. We also offer retiree medical for qualified domestic partners.
Paid Time Off
3M offers paid time off that includes vacation, holidays, and other time off to help you balance your work and personal life.
Savings and Retirement Benefits
Our combination of savings, retirement benefits, and financial education resources help you plan for and manage your financial well-being at all stages of your life—both during and beyond your 3M career.
Personal Savings
After two months of service at 3M, our General Employees Stock Purchase Plan allows you to contribute 3-10 percent of your after-tax pay to purchase 3M stock at an option price that is 85 percent of the fair market value of the stock.
Retirement
Our Retirement Program provides a solid foundation of retirement benefits, which includes a 401(k) plan with a company matching contribution, employer contributions to a Retirement Income Account, and a Retiree Medical Savings Account (RMSA) to help offset the cost of pre-Medicare medical coverage in retirement.
