Sysco

Nation's leading food service supplier.

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Headquarters:
1390 Enclave Parkway
Houston, TX 77077
Employees: 50,300
CEO: William DeLaney
Stock Symbol: SYY

Website: http://www.sysco.com

Career Site

If you're eating at a restaurant, you're probably getting food that was delivered by Sysco. This giant company is the leading distributor of food and related products and services to restaurants, nursing homes, hospitals, hotels, motels, schools, colleges, cruise ships, sports parks and summer camps - wherever a meal is prepared away from home.

Sysco operates 194 distribution facilities in the U.S., Canada, Ireland and Puerto Rico serving over 425,000 customers with over 400,000 products, including 40,000 Sysco-brand products. It distributes a wide variety of fresh, frozen and specialty meats, seafood, poultry, fruits and vegetables, bakery products, canned and dry foods, paper and disposable products, sanitation items, dairy foods, beverages, kitchen and tabletop equipment, medical and surgical supplies and hotel operating supplies.

Sysco is an acronym for Systems and Services Company. The company has embraced the use of technology to better serve its customers.

Sysco announced in 2013 it would merge with competitor US Foods paying $3 billion in stock and $500 million in cash. The company withdrew the offer in June 2015 after the Federal Trade Commission said it would not allow the deal.

In fiscal 2014, Sysco reported record revenues of $46.5 billion, up 4.7% from 2013. Net income was $931.5 million.

Sysco was founded by John Baugh in 1969 and went public in 1970.

Benefits

The following are for employees at corporate headquarters:

Group Benefits Plan
- For full-time associates and dependents
- Effective the first of the month following 2 FULL months of employment (generally 60-90 days)
- Medical/Dental/Vision Coverage
- Basic Life Insurance (1.5 x annual earnings, max. $225,000)
- Basic Accidental Death and Dismemberment Insurance (1 x annual earnings)
- Supplemental Life Insurance
- Dependent Life Insurance
- Voluntary AD&D

Annual Performance Incentive
- All Corporate Office associates have an annual bonus potential based upon earnings growth

Business Travel Accident Insurance
- Plan provides 24-hour coverage for loss of life or dismemberment while traveling as an associate on SYSCO business

Sick Leave
- After completing a 90-day period, you will be eligible for up to 5 paid days per year and 10 days after completing one year
- Allows carryover of unused sick days for future emergency use
- Provides the option of a 50% payout of unused sick time to non-exempt associates

Employee Assistance Program
- Confidential counseling and information source for all SYSCO associates
- Program allows for 5 free visits per person, per issue, each year

Holidays
- SYSCO recognizes nine paid holidays annually: New Year's Day, Memorial Day, Independence Day, Labor Day, Thanksgiving Day, Day after Thanksgiving, Christmas (2 days), floating holiday (1 day)

Tuition Assistance Program
- For job-related undergraduate studies, SYSCO provides 100% reimbursement for courses successfully completed
- Full-time associates who have completed one year of employment with SYSCO are eligible

Stock Purchase Plan
- You may purchase SYSCO stock through payroll deduction at 85% of the market value

Savings Incentive Plan (SIP)
- 401(k) plan
- Opportunity to save for the future while reducing current taxable income
- Company-matching contribution

Service Recognition
- SYSCO recognizes associates for every five years of service with a recognition celebration and a commemorative gift

Long-Term Disability Insurance
- If unable to work for more than 6 months, you would receive 60% of your basic monthly compensation
- Up to a maximum of $5,000 per month less income from all other company sponsored sources

Short-Term Disability Insurance
- For non-work related illnesses or injuries which cause absences from work of more than two consecutive weeks
- Plan pays a percentage of your pay (50% in the first two years)

Retirement Plan
- Benefit formula based on length of service and career earnings during years of employment with SYSCO or any of its subsidiaries
- Eligible after one year of service

Product Purchases
- SYSCO associates may purchase company merchandise at a small percentage over cost
- Purchases are delivered directly to the Corporate Office

- Dress code at the Corporate Office is professional business attire Monday through Thursday and business casual dress on Fridays

Updated July 1, 2015