There is no denying the fact that a happy employee is in the interest of the company. To keep their employees motivated and engaged, companies offer incentives and benefits to their employees. Petsmart, like many modern companies, also offers different benefits and incentives to its employees. In this, I shall be discussing Petsmart employee discount. To know more in detail, stay connected.
An employee discount is a benefit where a company offers its products or services at a reduced price to its employees. The discount percentage varies by company and product, often ranging from 10% to 50%. It’s a perk to incentivize employees to use and promote company offerings, enhancing loyalty and morale.
What is the Petsmart employee discount? This is the question I shall be dealing with in this article. To know more about it, stay tuned.
What is Petsmart Employee Discount?
PetSmart employees typically receive a 15% discount on most in-store products, including pet food, supplies, and grooming services. Some items, like electronics or gift cards, may be excluded from the discount.
The discount can be used both in-store and online. For online purchases, employees may need to log in with their employee credentials to access the discount.
In addition, you are eligible for a number of benefits. Here are some of them mentioned:
1. Exclusive discounts on merchandise and services.
2. You can get discounts on groceries, cell phones, and other items. You can get grocery coupons, cell phone discounts, and check out thousands of discounts.
3. You are provided with a special discount on Pet insurance.
4. It allows you to find resources to help with everything from will preparation to identifying theft.
5. A special discount is available on medical and wellness membership plans.
6. Petsmart allows you to further your education with money from PetSmart.
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Petsmart Employee Discount Eligibility Criteria
The question that follows is what is the Petsmart employee discount eligibility criterion? The answer to this question can be summed up in the following headings:
1. Part-Time & Full-Time Employees
The discount is generally available to all active PetSmart employees, including both part-time and full-time associates.
This is the first and the primary condition to be eligible for the discount. You have to be an employee.
2. Seasonal or Temporary Employees
Seasonal or temporary employees may also be eligible, but this can vary based on location or company policy.
Those who join the company for the time being can also apply for the discount. They are eligible to receive the discount.
3. New Employees
New employees may need to complete a certain period of employment before becoming eligible for the discount. This waiting period can vary.
The waiting period in most cases can be 30 days or 60 days. Once you complete this waiting period, you instantly qualify for the discount.
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4. Family Members
In some cases, the discount may be extended to immediate family members, such as spouses or dependents, but this varies by location and store policy.
To confirm the eligibility, it is advisable to reach out to your HR department for clarification. They will provide you with complete information on whether your family members are eligible or not.
Petsmart Employee Benefits and Offers
In addition to the Petsmart employee discount, as an employee, you are offered several other benefits and offers by the company. The offers are of a diverse and varied nature. Some of these benefits include:
1. Health Benefits
Health is the most valuable asset for an individual. Understanding the importance of the health and well-being of the employee, the company offers a number of health benefits that are:
A. Medical Plans
Petsmart offers several medical services to its employees. The employees are at liberty to choose from the existing plan. You have the opportunity to select between several carriers for your medical needs:
In addition to this, there are several voluntary medical benefits that you can choose. You could have to pay a deductible, coinsurance, or for any services that might not be covered under the insurance program.
Here are some of the voluntary benefits:
- Critical Illness Insurance
- Hospital Indemnity Insurance
- Accident Insurance
B. Eligible Dependents
There are several eligible dependents who can be selected for medical services under employee coverage:
1. Your lawful spouse
2. Domestic partner, who meets the set criteria.
3. Your dependent children up to the age of 26. Children who have a physical and mental disability are eligible without any age restrictions.
2. Medical Spending Accounts
There are two types of medical spending accounts, Health Savings Account and Flexible Spending Account. Both accounts work differently. So it is important to understand how they work.
A. Health Savings Account (HSA)
A Health Savings Account is a tax-advantaged account. It is established to pay for qualified medical expenses for those who are covered under the Bronze Health Plan.
With the money from this account, you can pay for your health care expenses.
Any unused fund can be retained in your HSA account and will accumulate towards your future health care expenses or retirement.
B. Flexible Spending Account (FSA)
Only eligible full-time associates can elect a medical Flexible Spending Account. It is an account that helps you to pay for certain health care expenses with tax-free dollars.
The Health Care FSA can help you pay out-of-pocket expenses that insurance doesn’t cover, such as copays, deductibles, and coinsurance for medical, prescription drug, dental, and vision services.
You can also use this account to pay for health care services not covered by PetSmart’s health plans, such as LASIK surgery and teeth whitening.
C. Health Programs
Once you enroll in the medical plan, you are entitled to health programs that are based on the carrier through which you elect your medical insurance.
Those who have not enrolled in the medical plans also have the option to access behavioral health benefits through the Ally Program of PetSmart.
D. Dental Plans
The dental program of the Petsmart company offers its employees access to dental care services. Full-time employees are eligible to opt for the dental plans. However, it is important to choose the right dental plan.
You have the option to choose the plan that suits your needs and requirements from the available four plans.
E. Vision Plans
In order to achieve the good eye health of its employees, you can choose the vision plan offered by the company.
The company offers three different vision plans. You have the liberty to choose that according to your needs and requirements.
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2. Financial Benefits
Another important and significant benefit offered by Petsmart to its employees is the Financial Benefits. Here is what you get in the form of financial benefits under Petsmart employee discount:
A. SaveSmart 401(k)
The SaveSmart 491(K) plan allows you to save money for your future. You can save through payroll deductions, from 1 to 59 percent of your pay up to the IRS annual maximum.
Here are some of the reasons for participating in the 401(K) plan:
1. You get free money from PetSmart: For every dollar you contribute, up to 6 percent of your pay, PetSmart deposits 50 cents into your account. For every calendar year you work 1,000 hours, you own 20 percent of the value of the company’s contributions. So you get free money from Petsmart.
2. You save on taxes: You contribute to the plan with pre-tax money. Since you contribute to the 401(K) plan, therefore you don’t have to pay tax on that money.
3. Roth 401(K): This is an additional option that you can resort to to save money. Unlike 401(k), Roth 410(K) allows you to contribute the after-money and then withdraw tax-free dollars from the account when you retire.
B. Financial Guidance
Your company provides financial guidance to help you manage your finances. The financial guidance is aimed at providing you with proper guidance regarding budget planning, retirement planning, credit card debt, and more.
There are many services available to you as an employee of Petsmart. You can choose any of the following services:
- Ally Financial Guidance
- MetLife Upwise
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C. Deferred Compensation Plan
The Deferred Compensation Plan is available for full-time employees with a base salary of $90,000 or higher. The said plan allows you to defer income for your future beyond what you save through other vehicles, such as 401(K) plans.
3. Life Events
As an Employee of Petsmart, you are offered certain benefits and perks called by the name of Life events. Here are some of the benefits you can get:
1. Time away from PetSmart
2. Work or Life Changes
3. Life and Accident Insurance
4. Leave of absence and accommodations
5. Prescription Plan Ally also known as EAP
6. Associate Assistance Foundation
7. Wellness program with the logo: Be well, Get better, Feel Prepared
These perks and benefits are aimed at making the lives of the employees more fulfilling and more enjoyable. It is only after being at peace, you can deliver your best at your workplace.
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Wrapping Up
It has come to the fore that Petsmart has a special discount program for the employees working with them. The employees are entitled to a number of benefits and offers to motivate and engage the employees. The offers are of diverse and varied nature catering to the different needs and requirements of the employees. In this article I have at length discussed the Petsmart employee discount. In case you are curious to know more about it, go through this article to know in detail.