Benefits
Regional Variations in Benefits
Benefits vary by geographic regions around the world. For country-specific benefits, the regional human resources contact can provide you with specific information for your region.
Benefits for US-based Employees
Semtech Corporation, USA, offers a balanced total benefits package that is an important supplement to your regular pay. The package addresses both immediate and long term needs including the following:
Health Plans - Medical and Dental
A choice of medical plans including Preferred Provider Organization (PPO) and Health Maintenance Organization (HMO) / Dental (DMO) and (PPO) services.
Life Insurance / AD&D
Semtech provides both life insurance and accidental death & dismemberment (AD&D) insurance, at no cost to you.
Short and Long Term Disability Plans Available
125 Flexible Spending Accounts
Medical and dependent care reimbursement plans, plus pre-tax premium contributions
Paid Holidays and Vacations
Nine paid holidays, plus vacations based on length of service
401(K)
Employees may contribute up to 60% of annual earnings up to the IRS annual limmitations. Company matches available.
Stock Options
Options vest linearly over four years and have a six-year life. Eligibility is based on corporate guidelines.
Incentive Plans
Based on position, we offer annual bonus, profit sharing, sales and FAE commission or royalty plans for engineers.
Additional Benefits and Special Programs
- Educational Assistance program
- Employee Assistance program
- Ridesharing incentives
- Lactation room
- Family leave
- In-house exercise room, basketball / volleyball court and locker rooms in our Camarillo headquarters facility
- Employee entertainment discounts for theaters, special events, and amusement parks
Company-Sponsored Activities
- Golf
- Picnics
- Barbecue
- Corporate games
- Soccer, basketball, and volleyball
- On-site exercise facilities
. . . a great place to work
I came to work at Semtech because of the energetic atmosphere and supportive culture.
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