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Pratik Kukreja
Mattel Inc. (pronounced /məˈtɛl/; NASDAQ: MAT) is the world's largest toy company based on revenue.[4] The products it produces include Fisher Price, Barbie dolls, Hot Wheels and Matchbox cars, Masters of the Universe, American Girl dolls, board games, and, in the early 1980s, video game consoles. The company's name is derived from Harold "Matt" Matson and Elliot Handler, who founded the company in 1945. Handler's wife, Ruth Handler, later became president, and is credited with establishing the Barbie product line for the company in 1959. After the release of the Barbie doll, Mattel revolutionized the toy industry with its talking dolls and toys. Major successes in the 1960s with the talking Chatty Cathy doll in 1960 and See 'N Say toys in 1965 moved Mattel to its position as the number one toymaker in America. Mattel closed its last American factory, originally part of the Fisher-Price division, in 2002, outsourcing production to China, the beginning of a chain of events that led to a scandal involving lead contamination.[5] On Friday, September 3, 2010 a mini "Flash Crash" appears to have occurred in Mattel shares which plunged 22% in pre-market trade for no apparent reason, only to recover shortly thereafter.

Depending on location, eligible employees may select medical coverage from a combination of a Preferred Provider Organization (PPO) and a traditional indemnity plan, or from a Health Maintenance Organization (HMO). Most plans include eligibility for vision care benefits and are available on the first day of employment.

Mattel offers two dental plan options at most locations. Plans include coverage for preventative care, major restorative care, and orthodontia.

Mattel provides company-paid life insurance equal in the amount of two times the annual base salary. Mattel also provides the opportunity to purchase supplemental insurance at term rates.

Mattel provides company-paid accidental death and dismemberment insurance in the amount of two times the annual base salary. Mattel also provides the opportunity to purchase supplemental insurance at group term rates.

Mattel provides its employees with insurance while traveling on company business. The maximum coverage amount is $1,000,000.

Mattel provides disability benefits to compensate employees during short-term or long-term disabilities.


Mattel's generous retirement plan provides 100% vesting after only three years of service.

Mattel realizes the importance of creating a balance between work and personal life. To work at the highest ability, employees need to take time away from their job for rest, recreation, and important personal matters. To accommodate those needs, Mattel provides a generous time-off program that includes vacation, holiday, and other time-off opportunities.

Employees enjoy generous holiday and vacation schedules. Specific schedules vary based on the business needs of each of our locations.

Full-time employees are provided with 16 hours of paid time off per year to participate in school-related events. This time can be used to participate in events for their own children or to volunteer at school events not related to their own children.

Finding a balance between work and your personal life can be a real challenge. Through a comprehensive selection of services, Mattel strives to provide the resources you need to fulfill your commitments to both.

All regular employees are eligible to receive discounts on all Mattel, Fisher-Price, and American Girl products. Products are available for purchase through our catalogues and onsite store locations.

This service can assist with activities including child and elder care referral, adoption services, school and scholarship information, financial planning, and a wide range of other needs.

Mattel provides a financial assistance benefit to help defray the cost of adoption expenses. Mattel also makes available an information service that can assist with questions regarding the adoption process.

Mattel's EAP provides confidential professional assistance to employees and their family members to help with personal problems such as difficulties in relationships, legal concerns, alcohol or drug dependencies, and depression, anxiety, or stress.

Mattel provides the opportunity to become an "owner" of the Company through payroll deductions. Mattel pays for all administrative and stock purchase fees.

The Educational Assistance Program provides financial support for employees who wish to expand their capabilities and enhance job productivity. Financial assistance for undergraduate and graduate education is available.

Mattel values its employees and believes it is important to recognize significant service milestones.

Developed to help link Mattel employees and their families and friends with local nonprofit organizations, the Mattel Children's Foundation maintains a diverse list of exciting ways to give back to our communities. From tutoring and mentoring programs, and painting murals in the local neighborhood, to building playgrounds for inner-city children, there are various volunteer programs that can be found to match your interest. Click to find out more about the Mattel Children's Foundation.

The Matching Gift Program of the Mattel Children's Foundation encourages employees to give their personal financial support to higher education and to charities that improve the lives of children in need. Contributions by eligible employees to qualifying organizations will be matched dollar-for-dollar within specified limits.

Regular full-time and part-time employees of Mattel, Inc. or any of its subsidiaries are eligible.

The school or nonprofit organization must be located in the United States and/or must be approved under the U.S. IRS code tax exempt status 501c3.


At Mattel, we provide competitive compensation opportunities in each of the locations in which we operate. We recognize that our employees' contributions are critical to our company's long-term success. That's why every regular employee in the U.S. participates in a bonus program that rewards participants based on company and individual or team results. We also encourage employee ownership through our stock option and stock purchase program.
 
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