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America
Benefits
As an employee of NEC Electronics America, you receive more than a livelihood: you also receive a choice of benefit plans and extras for your distinctive life and lifestyle.
Savings and Retirement Program
Our savings and retirement program makes it easy to save for retirement. The company matches 50% of your pre-tax 401(k) contributions, up to 5% of your salary. After one year of service, you qualify to receive an additional company contribution equal to 5% of your salary.
Employee Bonus and Referral Programs
Our employee bonus program rewards your exceptional efforts with twice-yearly bonus payouts based on the company's profit level and your achievement of short-term incentive targets.
Our employee referral program pays you a cash bonus whenever we hire someone you refer. In addition, for each referral hired, you are automatically entered in a quarterly drawing where you could win your choice of either a vacation travel voucher or a gift certificate from Macy's or Amazon.com, valued at $1,500.
Educational Reimbursements
Educational reimbursements compensate you for expenses associated with career-related coursework.
Medical, Dental and Vision Care Plans
Our medical plan benefits include a PPO option, a traditional indemnity option, and an HMO option. Employees covered under other plans also may select from basic coverage or a working spouse option. Coverage for prescription drugs also is included.
Our dental plan offers the choice of dental PPO, basic, or dental HMO coverage.Our vision care plan pays for examinations, lenses, and frames.
Life and Other Insurance
Our basic and AD&D insurance plans cover you for two times your annual salary not to exceed $350,000 for each plan. Supplemental life insurance for yourself, your spouse, and your dependant children is also available for purchase.
You may also purchase supplemental accidental death and dismemberment insurance coverage for yourself, and eligible family members. You have a choice of seven coverage levels, not to exceed ten times your annual base salary.
Supplemental disability insurance supplements the short-term disability plan by paying 90% of your regular salary from calendar day 8 through calendar day 30 of your disability. Thereafter, the plan pays 80% of your salary from days 31 through 90 and 66% of your salary from days 91 through 180.
Long-term disability insurance provides financial security whenever illness or injury prevents you from working for more than 180 days. The plan combines with other disability benefits to pay up to 66% of your monthly base earnings until you return to work.
Time Off
We know life is a juggling act. That's why NEC Electronics America has a paid time-off program that provides employees with ample time off for vacation, sick time, and personal time. In addition, each employee receives ten designated holidays per year. Employees are eligible for 40 hours of sick time per calendar year prorated for midyear hires. Personal time off (PTO) is earned in hourly increments, based on years of service, and begins accumulating from day one of employment. Employees with 0 through two years of service receive 120 hours (15days) of personal time off. Employees with three to six years of service receive 160 hours (20 days) of personal time off.
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