Jobs at Intel - South Africa - Compensation and Benefits


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South Africa

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.

Life and Accident Insurance

Business Traveler Accident Insurance
In addition to basic life insurance and basic accidental death insurance, Intel South Africa 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 South Africa provides medical coverage to full-time and part-time employees at no cost for occasions when they are traveling on business outside of South Africa (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 South Africa employees are entitled to 20 days of paid vacation leave per year.

Extended Leave
Employee have the option to bank 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 within which they can they use their extended leave.

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.