Benefits

Thank you for your interest in possible employment with Toshiba America Electronic Components, Inc. (TAEC). We have outlined below some general information concerning benefits and policies that may be of interest to you.

TAEC Summary Of Benefits

Life at TAEC

TAEC is proud to be a company filled with smart, accountable, self-motivated, and talented employees. We believe in innovative, cutting-edge technology designed to advance the business by creating technology that is intelligent -- that takes thought, vision and forward thinking -- that is what Toshiba is about. We work closely with our customers to create electronic components and storage products that are designed to excite the marketplace and deliver on our shared vision of success. We have spent decades developing strong relationships and applying our resources to your challenges. Toshiba is committed to work with you every step of the way in developing your product from design to delivery to ensure your success.


Toshiba offers a wide range of semiconductors and storage products, making us a single-source option for a number of solutions and customers. We work closely with OEMs, ODMs, CMs, VARs and fabless chip companies, as well as retailers and our distribution partners to define the right product mix and new technology innovations. Through proven commitment and lasting relationships, Toshiba semiconductors and storage products make possible todays' latest smartphones, tablets, ebooks, digital cameras, head mounted devices, medical devices, automotive applications, networking, enterprise applications, and PC and notebook storage. 

Health Insurance

TAEC provides a comprehensive medical, dental, and vision insurance plan for eligible employees and their dependents.  Regular employees working at least 30 hours per week are eligible for health benefits effective on their date of hire with the company.


Medical insurance is provided through Anthem Blue Cross or Kaiser Permanente Insurance.  Dental coverage is provided through Delta Dental.  Vision insurance is provided through MetLife/VSP provider (or non-VSP provider is used).

401(k) Savings Plan

TAEC offers a 401(k) Savings Plan to eligible employees. Any regular employee who has completed 30 days of service with Toshiba and attained age 21 may begin participating in the Plan on the first of the month after meeting eligibility. You are 100% vested after four years of continuous service. Participating employees are able to choose from several T. Rowe Price Mutual funds, ranging from conservative funds to aggressive growth funds. TAEC will match up to 3% of your contribution. Annual dollar contribution maximum is determined by the IRS.

Holidays and Paid Time Off (PTO)

Holidays: TAEC provides 13 paid holidays per year including a (paid) holiday shutdown from December 25th through January 1st. (Some departments may be required to work during the shutdown in which case alternate arrangements will be made).
Paid Time Off:  Paid Time Off is accrued for each employee from the first day of hire according to the following schedule (based on regular, full time employment, accrued per pay period).

Completed Years of Service 1-5 Years 6-10 Years 11+ Years
Paid Time Off Accrual per Year 17 days 20 days 25 days

Employees may accrue up to a maximum of two times the annual accrual rate.  

Commuter Program

TAEC offers a variety of transportation options for employees' work commute. By using an alternate mode of transportation once or twice a week, employees can save money while reducing traffic congestion and pollution. The program provides a financial incentive for employees who participate a minimum of eight (8) days per month.

Educational Assistance Program

TAEC supports the development of its employees by providing assistance in reaching their educational goals. Reimbursement is available to the maximum amount allowed by the IRS per calendar year. Job-related courses, certificate programs and degrees satisfactorily completed at an accredited institution are eligible. All active fulltime employees are eligible for consideration upon their date of hire. HR approval needed prior to starting classes.

Employee Assistance Program (EAP)

TAEC offers an Employee Assistance Program (EAP) through Anthem EAP. This program provides confidential counseling and treatment benefits for mental health issues, substance abuse, work concerns, family conflicts, and legal and financial concerns.

Employee Referral Program

TAEC employees are eligible for a referral bonus in the event that a candidate referred by them is hired and successfully completes 90 days of employment.

TAEC Disability Plan

All TAEC employees regularly scheduled to work 30+ hours per week are eligible for TAEC Disability Plans.  TAEC has two options – a Basic Plan and a Supplemental Plan.  The Basic Plan is similar to CA SDI and mandatory for CA employees.  The Supplemental Plan is voluntary and provides a higher level of disability benefits, plus critical illness insurance and a wellness benefit.

Life Insurance

TAEC provides life insurance benefits equal to two times the employee's annual salary (maximum of $600,000). Supplemental and dependent life insurance is also offered as voluntary, employee paid benefit.

Questions

Any questions regarding the above information should be directed to:


Toshiba America Electronic Components, Inc. (TAEC), Inc.

Human Resources Department

Irvine Campus:   5231 California Avenue, Suite 210

          Irvine, CA 92617

San Jose Campus:   2610 Orchard Parkway, Suite 110

              San Jose, CA 95134

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