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Compensation and Benefits
  Home ›  Jobs at Intel ›  Intel in The Netherlands ›  Compensation and Benefits ›
 
 The Netherlands
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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
 
Medical Benefits
Intel Netherlands provides private medical coverage by Zeker Op Maat for eligible employees and their families. Employees are reimbursed for 50 percent of eligible expenses.
Dental Benefits
Eligible Netherlands employees are covered by private dental insurance. The Tanden Gaaf Polis policy covers both employees and their families, reimbursing up to 50 percent of expenses.
 
Life and Accident Insurance
 
Business Traveler Accident Insurance
In addition to basic life insurance and basic accidental death insurance, Intel Netherlands provides business traveler accident coverage for all employees. Coverage commences when employees leave their residence or place of regular employment for an Intel trip and continues until they return to their residence or place of regular employment, whichever occurs first. Business traveler accident coverage equals five times an employees' annual salary up to $1 million (U.S.).
Business Traveler Medical Plan
Intel Netherlands provides medical coverage to full-time and part-time to employees at no cost for occasions when they are traveling on business outside of the Netherlands (up to a maximum of 90 days). Coverage includes medically necessary accident and sickness expenses occurring during business travel.
 
Pension Program
 
Intel Netherlands provides a defined contribution pension plan. Employees contribute up to four percent of their pensionable salary and Intel contributes based on an age-related table.
 
Paid Time Off
 
Vacation Time
Intel Netherlands employees are entitled to 24 days vacation leave each year. Employees accrue one additional day after five years of employment.
Extended Leave
Employees may choose to bank five days of vacation per year for a period of five years. The employee then has a two-year timeframe in which to use this extended leave time.
 
 
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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