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Compensation and Benefits
  Home ›  Jobs at Intel ›  Intel in Italy › Compensation and Benefits ›
 
 Italy
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Intel's benefits plans are designed to keep employees—our most important asset—healthy and productive. Our benefits are generous and personalized, in many cases letting employees choose the options that are right for themselves and their family.
 
 
 
 
Medical and Dental Benefits
 
Intel supplies full coverage for all employees, who can also choose to enroll family members.
 
Pension Program
 
Intel provides employees with a defined contribution pension program with Intel contributing an amount equivalent to 50 percent of an employee's contribution up to a maximum of 1.5 percent.
 
Life and Accident Insurance
 
All employees at Intel are covered by a group accident insurance plan that covers two times the amount of an employee's salary. In the case of accidental death the plan covers four times the amount of an employee's salary and five times in the case of permanent disability and inability to work due to an accident.
Business Traveler Accident Insurance
In addition to basic life insurance and basic accidental death insurance, Intel Italy provides business traveler accident coverage for all employees. Business traveler accident coverage equals five times an employees' annual salary up to $1 million (U.S.).
Business Traveler Medical Plan
Intel Italy provides medical coverage to full-time and part-time employees at no cost for occasions when they are traveling on business outside of Italy (up to a maximum of 90 days). Coverage includes medically necessary accident and sickness expenses occurring during business travel.
 
Paid Time Off
 
Vacation Time
Intel Italy employees are entitled to paid annual vacation leave of 35 days to allow them time to pursue recreational interests and enhance family/personal life, depending on length of employment.
Extended Leave Program
Employees may choose to save three to seven days of vacation per year for a period of five years, or until they have been part of the program for five years. The employee then has a two-year timeframe in which to use this extended leave time.
 
Other Benefits
 
Meal Vouchers
Intel offers employees meal vouchers.
 
 
Stock Purchase Plan
The Stock Purchase Plan allows employees to purchase Intel stock at a discount through payroll deductions, from two to five percent of eligible pay. Stock is purchased at 85 percent of Intel's stock price at the lower of the beginning or ending of a subscription period. Employees use the plan for short-term savings goals or long-term investment needs.
 
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