Samsung Austin Semiconductor Employee Benefits and Perks | Glassdoor

Samsung Austin Semiconductor Benefits

Location: US
61 Ratings

Employer Summary

  • Health Benefits
    • Samsung Austin Semiconductor offers excellent affordable and comprehensive healthcare benefits to all regular, full-time and part-time employees (with 30+ scheduled hours), with coverage beginning the first day of employment. Health benefits include robust medical, dental and vision plans, long- and short-term disability, life insurance, AD&D, flexible spending and health savings accounts, and an Employee Assistance Program.
  • Compensation and Recognition
    • Employees have the opportunity to earn quarterly “Champion Bonuses,” which are based on company performance, as well as annual performance-based bonuses. We also believe in recognizing and awarding employees for outstanding performance, and encourage innovative ideas by rewarding employees for a variety of patent filings.
  • 401K
    • Our retirement plan, managed by Fidelity Investments, offers a generous company match with immediate vesting for both Traditional and Roth 401k plans. We will match will match 100% of the first 3% and then 50% of the next 3% of employee contributions (for a maximum match of 4.5%) per pay period for either the Traditional or Roth plan. All regular, full-time and part-time employees (with 30+ scheduled hours) are eligible for this benefit.
  • Time Off
    • Employees should enjoy time away from work to maintain a healthy work-life balance. We provide a generous PTO accrual plan in addition to 10 paid holidays each year.
  • Employee Discounts
    • We offer exclusive rates on a variety of benefits including auto, home, and pet insurance, legal services, personal loan programs, and more. Additionally, we provide discounts on Samsung TVs, cell phones, tablets, laptops, wearables, smart home and audio video products.
  • Onsite Perks
    • We have invested more than $3.5 million towards creating opportunities for employees to maintain a healthy lifestyle. Enjoy access to our two onsite gyms that include knowledgeable fitness coaches, a variety of equipment and group classes. Our 2.45 million square foot campus also includes a soccer field, walking trail, disc golf course, game room and pool tables. We also offer a variety of healthy options at our two onsite cafeterias.

Employee Benefit Reviews

Showing 1–10 of 61 comments

Most Commented

  • Mar 25, 2019
    StarStarStarStarStar Current Employee in Austin, Texas

    Fantastic benefits. Health coverage is hard to beat. On-site fitness centers and cafeterias.

  • Mar 03, 2019
    StarStarStarStarStar Current Employee in Austin, Texas

    4.5% 401K matching when contributing 6%. Decent investment choices through Fidelity.

  • Feb 27, 2019
    StarStarStarStarStar Current Employee in Austin, Texas

    I like the benefits. They are very affordable and everything I need.

  • Jan 10, 2019
    StarStarStarStarStar Former Shift Supervisor in Austin, Texas

    good health insurance, 401k, dental, vision, paid sick leave, cash bonus paid quarterly for achievement of performance metrics. relocation package.

  • Aug 29, 2018
    StarStarStarStarStar Former Senior Engineer in Austin, Texas

    Plenty of PTO. Healthcare workers always amazed at how good the insurance is (for everything besides mental health.)

  • Sep 01, 2018
    StarStarStarStarStar Current Employee in San Jose, California

    Benefits are good if you don't care for Equity

  • Aug 23, 2018
    StarStarStarStarStar Current Systems Administrator in Austin, Texas

    12 weeks of praternity leave

  • Aug 18, 2018
    StarStarStarStarStar Current Principle Engineer in Austin, Texas

    Salary by hours will be lower than most of the companies, based on weekly 50 hours

  • Jul 22, 2018
    StarStarStarStarStar Current Management in Austin, Texas

    Best coverage in benefits. The amount employees paid for a family of 4 per month is less than most people's per paycheck amount.

  • Jul 17, 2018
    StarStarStarStarStar Current Manager in Austin, Texas

    Low biweekly cost to employee for employee and family medical, dental and vision benefits. Copay for benefits and medicine increased but still very good.

Benefits Summary

List based on reports from current and former employees. It may not be complete.

Checkmark Employer Verified  No Data

Insurance, Health & Wellness

  • CheckmarkHealth Insurance (58)
  • CheckmarkDental Insurance (16)
  • Flexible Spending Account (FSA)
  • Vision Insurance
  • Health Savings Account (HSA)
  • Life Insurance
  • Supplemental Life Insurance
  • Disability Insurance
  • Occupational Accident Insurance
  • Health Care On-Site
  • Mental Health Care
  • Retiree Health & Medical
  • Accidental Death & Dismemberment Insurance

Financial & Retirement

  • Pension Plan
  • Checkmark401K Plan (56)
  • CheckmarkRetirement Plan (9)
  • Employee Stock Purchase Plan
  • Performance Bonus
  • Stock Options
  • Equity Incentive Plan
  • Supplemental Workers' Compensation
  • Charitable Gift Matching

Family & Parenting

  • CheckmarkMaternity & Paternity Leave (31)
  • Work From Home
  • Fertility Assistance
  • Dependent Care
  • Adoption Assistance
  • Childcare
  • Reduced or Flexible Hours
  • Military Leave
  • Family Medical Leave
  • Unpaid Extended Leave

Vacation & Time Off

Perks & Discounts

  • Employee Discount
  • CheckmarkFree Lunch or Snacks (13)
  • Employee Assistance Program
  • Gym Membership
  • Commuter Checks & Assistance
  • Pet Friendly Workplace
  • Mobile Phone Discount
  • Company Car
  • Company Social Events
  • Travel Concierge
  • Legal Assistance

Professional Support

  • Diversity Program
  • Job Training
  • Professional Development
  • Apprenticeship Program
  • Tuition Assistance

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