Catalyst Semiconductor, Inc. offers an excellent
array of benefits to eligible employees as well as an exceptional
work environment. [The following applies to all employees who work
a minimum of 30 hours per week at the Santa Clara, California office.]
Employees receive 8 - 10 paid holidays
per year, depending upon the calendar for that year. This is in addition
to paid vacation time
Vacation is accrued on an ascending scale beginning with 1.54 hours earned each week for a total of two weeks of paid vacation time for the first year of employment. Maximum accrual is 3.08 hours earned per week starting with the eleventh year of employment.
Employees may take a personal day
for emergency use at any time during a calendar year. This time off is
deducted from the ten day sick leave bank of hours.
Employees may use their own sick leave
for themselves or to care for ailing members of their immediate family.
The ten day leave bank (per year) is shared between Personal Time and
Sick Time. This bank is replenished each year on the employee’s
anniversary date.
Employees may take paid leave
during times of bereavement equal to: not to exceed five days for immediate
family residing out of state and not to exceed 3 days for immediate family
that reside in California. Immediate family is defined as: spouse, significant
other, domestic partner, child, brother, sister, parent, father-in-law
or mother-in-law, step-mother, step-brother, step-sister, step-child,
brother-in-law, sister-in-law, grandparent or grandchildren.
Necessary time off for employees to
complete any/all obligations as a juror.
Provided to part-time employees
working 30 hours or more per week and all full-time employees. We offer
three different medical plans; Blue Cross HMO, Blue Cross POS or Kaiser.
We also provide dental, acupuncture, chiropractic, long and short-term
disability, flex spending and vision care. Premiums are 100% paid for
employees; eligible dependent premiums are paid 85%.
In conjunction with State disability
benefits, full-time and part-time employees receive not less than 60%
of their regular income while out on disability, to a maximum age of
65.
Is offered to all qualified
employees at a rate of one times their annual salary. Supplemental life
insurance is available for up to 5 times amount of annual salary. Premiums
for supplement life insurance are the responsibility of the employee.
Provides medical
care and lost wages to employees who have been injured at work.
Health insurance
programs are offered to employees with domestic partners (same sex or
opposite sex) who meet specific eligibility criteria. Benefits are equal
to employees with legal spouses, except for federal & state taxing
requirements.
Confidential, professional
counseling is available to all employees and their dependents for up
to three sessions per insured individual - per year. This plan provides
legal and financial counseling as well as counseling on personal life
issues.
Employees working a regular
schedule of not less than 30 hours per week receive regular insurance
and time-off benefits (pro-ration for time off compensation).
Company offers flu shots for its
employees at no charge each Fall.
Company sponsors safety,
CPR and First Aid classes periodically for those volunteers active in
these areas.
Performance
Evaluations are conducted for each employee on their anniversary date.
The purpose of the performance evaluation process is to review previous
work and achievement of pre-defined goals, design mutual goals for
the coming year and have an open discussion between the employee and
his/her manager. This evaluation process does not guarantee a “merit”
increase in salary.
CSI offers reimbursement
of costs associated with training provided the training has been pre-approved
by manager, CFO and CEO. Employee must receive a grade of B or above
to be eligible for the tuition reimbursement and must be employed
for a minimum of one year after completion of specified training.
The Company currently
offers a profit sharing plan to its employees, based on annual earnings,
and has the potential for up to 10% of an individual’s base
salary.
The Company offers a 401(k)
retirement savings plan and the Company currently matches 25% of
contributions up to yearly allowable maximum contribution.
All employees may take
advantage of the IRS' Section 125 Flex Spending Plan for pre-tax
deferral of dependent care, medical and employee-portion premium
expenses.
Bi-weekly paychecks can
be deposited directly into up to two bank or credit accounts of
the employee's choosing.
Catalyst Semiconductor
offers an on-site gym which is available to all employees and
is equipped with treadmill, elliptical trainer, stationary bicycle,
weight station and free weights.
Through voluntary
participation, during the winter holidays, employees have proudly
supported Second Harvest Food Bank.
NOTE: This list is not intended to be a full
explanation the benefits.
The Company reserves the right to change these benefits at any time.
