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

Ten 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. Employer matching contributions to employee 401(k) accounts are determined annually.

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

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