Jobs at Intel - Poland - Compensation and Benefits


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Poland

Intel provides virtually all employees around the world with opportunities to own company stock. Stock benefits allow employees to become an owner of Intel and share in the company's future and potentially accumulate capital.

Stock Grants
Employees are recommended for stock grants at the time of their hire, upon promotion, and as part of Intel's annual performance review process.

Stock grants may include a grant of Restricted Stock Units (RSUs) or, depending on grade level, a combination of Restricted Stock Units and Stock Options. Stock grants vest in equal installments of 25 percent each year over four years.

A Stock Option is the right to purchase a certain amount of Intel stock at a set price during a specified time period once vesting requirements have been satisfied.

A Restricted Stock Unit is an agreement by Intel to issue an actual share of Intel stock at $0 cost to employees (other than applicable taxes) once vesting requirements have been satisfied. The actual value to employees is based on the market value of Intel stock on the vesting date.

Stock Purchase Plan
The Stock Purchase Plan allows employees to purchase Intel stock at a discount through payroll deductions, from two to 10 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.

NOTE: Intel stock is listed on the NASDAQ stock exchange as Intel (INTC). Any entitlement to stock is at the discretion of Intel Corporation and is not a term of employment. Intel stock should not to be considered as part of salary or overall compensation / remuneration and is contingent upon employment at Intel.

Intel University

Our worldwide training organization, Intel University, focuses on Intel culture, career and manager development, and new employee orientation and integration. Intel U provides worldwide administration and delivery of more than 2,400 unique instructor-led or online courses. Over 11,000 Intel employees currently volunteer as instructors, including senior management. In 2005, Intel spent an average of $3,700 per employee worldwide on training and development.