This report analyzes and compares ALPHA AND OMEGA SEMICONDUCTOR's employee health insurance and employee benefits with its industry and in California State.
Providing a smart employee benefits package is critical for attracting top talent and retaining valuable employees. Today, employee benefits play a vital role when candidates consider accepting a job offer.
Many companies offer today over-the-top perks, like yoga classes, haircuts, catered meals, and acupuncture. In this report, we focus however on traditional benefits. It's a work in progress that we will expand and update on a regular basis.
This report contains the following sections
Career benefits
ALPHA AND OMEGA SEMICONDUCTOR offers suitable career benefits and onboarding programs for its team members in an effort the make them feel like a part of the family. ALPHA AND OMEGA SEMICONDUCTOR believes that every employee has a valuable set of skills so it helps them plan their careers with suitable developmental resources and mentorships.
- CAREER PLANNING: ALPHA AND OMEGA SEMICONDUCTOR believes that career planning of each employee is a key to a successful business and offers good opportunities so that the employees can reach their full potential. ALPHA AND OMEGA SEMICONDUCTOR has good resources at its disposal to achieve this goal.
- COACHING AND MENTORING: ALPHA AND OMEGA SEMICONDUCTOR does not offer coaching and mentoring.
- DEVELOPMENT RESOURCES: ALPHA AND OMEGA SEMICONDUCTOR offers remarkable development resources to enable its employees to grow on a personal and a professional plan. With access to remarkable intern programs and seminars, employees can learn new skills and stay at the top of their fields.
- GED REIMBURSEMENT: ALPHA AND OMEGA SEMICONDUCTOR does not offer ged reimbursement.
- LEADERSHIP PROGRAMS: ALPHA AND OMEGA SEMICONDUCTOR believes that providing its team members with impressive leadership programs is a crucial step in creating new leaders. By using impressive tools that ALPHA AND OMEGA SEMICONDUCTOR provides for them, employees are able to learn what makes or breaks a leader.
- ONBOARDING: ALPHA AND OMEGA SEMICONDUCTOR is aware of the difficulties that new employees might experience when they join the team. That's why ALPHA AND OMEGA SEMICONDUCTOR has a great Onboarding program that makes sure the transition period goes as smoothly as possible.
- RECOGNITION PROGRAMS: ALPHA AND OMEGA SEMICONDUCTOR has a superior Recognition program in place and makes sure that team members who constantly achieve extraordinary results and work well with others are properly rewarded for their efforts.
- TUITION REIMBURSEMENT: ALPHA AND OMEGA SEMICONDUCTOR has a great Tuition Reimbursement Program and participates with up to 25% of the costs for team members who want a job-related certificate or a degree.
Benefit | ALPHA AND OMEGA SEMICONDUCTOR | Industry | California |
|---|---|---|---|
| Career planning Benefits | |||
| Coaching and mentoring Benefits | |||
| Development resources Benefits | |||
| GED reimbursement Benefits | |||
| Leadership programs Benefits | |||
| Onboarding Benefits | |||
| Recognition programs Benefits | |||
| Tuition reimbursement Benefits |
Healthcare benefits
ALPHA AND OMEGA SEMICONDUCTOR offers first-class health benefits to its employees, of which some can be used by employee's family members. Besides an affordable healthcare insurance and a dental plan that includes recounstruction surgery, team members can enjoy ALPHA AND OMEGA SEMICONDUCTOR's first-class maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: ALPHA AND OMEGA SEMICONDUCTOR has an exceptional counseling program for its employees and their family members. Team members are encouraged by ALPHA AND OMEGA SEMICONDUCTOR to talk freely with experts about everything that bothers them. Whether it's something at the workplace or something at home, experienced counselors are there to help. This exceptional counseling program offers help any time of the day, seven days a week. Even a certain number of family sessions is included.
- DENTAL PLAN: Team members at ALPHA AND OMEGA SEMICONDUCTOR have a superb dental plan at their disposal and can count on 100% coverage for preventative dental care, as well as some more complex dental procedures. ALPHA AND OMEGA SEMICONDUCTOR partially pays for dentures and braces as well.
- HEALTH INSURANCE: ALPHA AND OMEGA SEMICONDUCTOR offers a first-class health insurance for every employee. Various exams and procedures are covered, as well as comprehensive health plans.
- HEALTH PLAN INCENTIVES: ALPHA AND OMEGA SEMICONDUCTOR is aware of the fact that a healthy employee is a productive employee so it offers excellent health plan incentives for its team members. Some of the perks are lowered premium rates, individual consultations with nutritionists and physicians, and regular checkups.
- HEALTHCARE SPENDING ACCOUNTS: ALPHA AND OMEGA SEMICONDUCTOR offers an extraordinary healthcare spending account to its employees. Employees have an option to deposit a part of their salary into the account and use it for any medical or dental expenses not covered by their health plan. Employee's family members can use this funds as well.
- MATERNITY SUPPORT PROGRAM: ALPHA AND OMEGA SEMICONDUCTOR offers an exceptional maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: ALPHA AND OMEGA SEMICONDUCTOR does not offer telehealth.
- VISION PLAN: ALPHA AND OMEGA SEMICONDUCTOR offers a suitable Vision Plan for its team members and covers the costs of basic eye exams with a possibility to pay for additional benefits.
Benefit | ALPHA AND OMEGA SEMICONDUCTOR | Industry | California |
|---|---|---|---|
| Counseling Benefits | |||
| Dental Plan Benefits | |||
| Health Insurance Benefits | |||
| Health Plan Incentives Benefits | |||
| Healthcare Spending Accounts Benefits | |||
| Maternity support program Benefits | |||
| Telehealth Benefits | |||
| Vision Plan Benefits |
Financial benefits
ALPHA AND OMEGA SEMICONDUCTOR offers top-notch financial benefits for employees and their family members. A top-notch 401(k) plan makes sure that employees have a secure retirement, while a generous, fully paid parental leave allows expecting mothers and fathers to enjoy their child's first year. Along with paid vacations, employees can enjoy fully paid commuting as well.
- 401(K) PLAN: ALPHA AND OMEGA SEMICONDUCTOR has an outstanding 401(k) plan is designed in such way that suitable team members can get the most out of it and enjoy many perks that come with it. For each employee's contribution of up to 6% of salary, ALPHA AND OMEGA SEMICONDUCTOR offers an outstanding program that matches it 100%, which is among the highest matches on the market. This way, 401(k) is the best option for employees who want to have a financial stability in their late years. There is no vesting period, so the contributions are immediately for the employee to keep right from the start. For those who need help managing their 401(k) plan, ALPHA AND OMEGA SEMICONDUCTOR offers individual financial consultations so that each employee can create a personalized investment plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: ALPHA AND OMEGA SEMICONDUCTOR does not offer adoption assistance reimbursement.
- BONUS PAY: ALPHA AND OMEGA SEMICONDUCTOR has a solid bonus plan that takes into account the individual efforts of a certain team member, as well as the results that those efforts generated.
- CHILDCARE DISCOUNT: ALPHA AND OMEGA SEMICONDUCTOR does not offer childcare discount.
- COMMUTER BENEFIT: ALPHA AND OMEGA SEMICONDUCTOR acknowledges the fact that some team members have high commuting costs so it offers them top-notch commuter benefits which cover various commuting expenses for trains and buses, as well as parking expenses.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: ALPHA AND OMEGA SEMICONDUCTOR offers an outstanding daycare program for its employees. Team members can withdraw funds from a flexible spending account to cover all sorts of expenses related to daycare or eldercare.
- DISABILITY: ALPHA AND OMEGA SEMICONDUCTOR offers a top-notch short-term disability coverage for its team members. Through disability program, part of the employee's salary is replaced by the coverage for a limited time. This enables team members to have a financial stability during the difficult period of their lives and helps them to get back on track.
- LIFE INSURANCE: ALPHA AND OMEGA SEMICONDUCTOR has a top-notch life insurance program and offers fully paid life insurance policies for its team members. The policy pays around two years worth of salary to employees' beneficiaries. Option to buy additional coverage is available for every team member.
- PAID TIME OFF: ALPHA AND OMEGA SEMICONDUCTOR realizes that optimal productivity can be achieved only if it enables paid vacation for its team members. That's why ALPHA AND OMEGA SEMICONDUCTOR has a top-notch vacation program of its employees with a reasonable number of days that can be spent anytime.
- PAID VOLUNTEER TIME OFF: ALPHA AND OMEGA SEMICONDUCTOR does not offer paid volunteer time off.
- PARENTAL LEAVE: ALPHA AND OMEGA SEMICONDUCTOR has a top-notch parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | ALPHA AND OMEGA SEMICONDUCTOR | Industry | California |
|---|---|---|---|
| 401(k) plan Benefits | |||
| Adoption assistance reimbursement Benefits | |||
| Bonus pay Benefits | |||
| Childcare discount Benefits | |||
| Commuter benefit Benefits | |||
| Daycare flexible spending account Benefits | |||
| Disability Benefits | |||
| Life insurance Benefits | |||
| Paid time off Benefits | |||
| Paid volunteer time off Benefits | |||
| Parental leave Benefits |
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