Benefits
At Magnolia, we’re focused on being an investment of choice with a broad shareholder base, an employer of choice with a winning culture, and an operator of choice with best-in-class assets. To reward and support our team as they pursue that vision, we provide a comprehensive and competitive compensation and benefits package to all eligible employees and their families.
COMPENSATION BENEFITS
- Competitive base salary.
- Annual discretionary performance-based bonus plan.
- Long-term incentive plan that provides equity ownership to all full-time employees.
- Generous 401(k) contribution and match.
- Paid time off for vacation, sick days, and parental leave.
HEALTH AND OTHER BENEFITS
- Three medical plan options with substantially subsidized premiums, including one plan at no cost.
- Dental plan and Vision Service Plan with substantially subsidized premiums.
- Health Savings Accounts with company contributions and investment options, depending on medical plan election.
- Basic life and AD&D insurance at no cost.
- Basic short- and long-term disability coverage at no cost.
Machine-Readable Files
This link leads to the machine-readable files that are made available in response to the federal Transparency in Coverage Rule and includes negotiated service rates and out-of-network allowed amounts between health plans and healthcare providers. The machine readable files are formatted to allow researchers, regulators, and application developers to more easily access and analyze data.