Total Rewards 101
This benefit helps cover the cost of doctor visits, hospital care, prescriptions, and preventive services.
What is health insurance?
Every team member receives me 6 times per year for a full 8 hour day.
What is holiday pay?
This mythical Irish character is said to hide a pot of gold at the end of a rainbow.
What is a leprechaun?
My base is a team member's annual salary multiplied by their target rate.
What is MIP?
This payroll document shows gross pay, deductions, and net pay for a specific pay period.
What is a pay stub (or earnings statement)?
This three‑leaf plant is a symbol of Ireland and St. Patrick’s Day.
What is a shamrock?
Grainger automatically contributes this percentage of pay each pay period to eligible employees’ Retirement Savings Plan.
What is 6%?
I am paid in addition to a team member's base pay and at a rate of 1.5x base pay.
What is overtime?
Contrary to popular belief, St. Patrick was not Irish by birth — he was born in this region.
What is Britian?
I am earned on a bi-weekly basis and team members love me because I pay you even when you're not working.
What is PTO?
This term refers to pay that is earned but not yet paid at the end of a reporting period.
What is accrued payroll?
Before green became the dominant St. Patrick’s Day color, this color was historically associated with St. Patrick’s Day.
What is blue?
I am a stated percentage of revenue paid to an employee that is often based on a sales quota
What is Commissions?
I am core in payroll systems to identify, categorize, and value different types of payments and deductions
What is a wage type?
Chicago’s famous tradition of dyeing its river green for St. Patrick’s Day began in this year.
What is 1962?