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Employment Benefits
SST offers a compensation and benefits package to its U.S. employees* that is comprehensive, affordable, and flexible. Some benefits are company-paid, while others require employee contributions to provide the level of coverage they wish.
*All regular full-time employees (working at least 30 hours per week) are eligible for the benefits described here.
Health and Life Insurance Benefits
SST's health and life insurance benefits are effective on the date of active employment.
Medical Insurance
SST offers three types of medical insurance coverage: a PPO plan and two HMO plans. Each plan provides hospital, surgical, and general medical care benefits. The PPO plan has an annual out-of-pocket maximum to limit the amount of money an employee would be expected to pay each year. The HMO plans emphasize preventative care with no annual deductible and a nominal co-payment fee for services rendered.
Dental Insurance
SST offers comprehensive dental insurance coverage to employees and their eligible dependents.
Vision Insurance
SST offers comprehensive vision insurance coverage to employees and their eligible dependents.
Life Insurance
SST offers company-paid life insurance for each employee and immediate family members.
Short and Long Term Disability
SST offers both short and long term disability coverage which will provide continuing income if an employee becomes ill or injured and unable to work.
Employee Assistance Program
SST offers an Employee Assistance Program offering three free counseling sessions per person, per topic, per year. In addition, we provide Affinity Work/Life Benefit that allows you to get unlimited referrals & advice on a variety of topics including, childcare, eldercare, petcare, financial assistance, legal assistance, education assistance, etc.. This benefit is available to all full-time employees and their eligible dependents at no cost.
Domestic Partner Program
Employees who work at least 30 hours per week may enroll their domestic partners of the same or opposite sex and their children (eligible dependents of the domestic partner) into the SST medical, dental & vision plans. SST recognizes there are several different lifestyles among employees. The SST Benefit Program is a step toward addressing these differences, adding domestic partners coverage is another. We are known in our industry as a progressive company and, along with a few other innovative employers in the country, we are leading the way in offering a progressive benefit program that meets the needs of employees today.
OOA Plan
SST offers an Out of Area medical plan for those employees who reside outside of California. This plan provides you the ability to see any doctor of your choice and reimburses at 90%, with an annual deductible of $200.
Retirement and Investment Benefits
SST offers plans that allow its employees to share in the company's success and add to their financial assets.
Employee Profit Sharing Plan
Twice a year, if SST's operating profit meets the prescribed goals, SST pays a portion of this profit to each employee. Employees hired during the first or second half periods are eligible to participate on a prorated basis.
Employee Stock Purchase Plan
Eligible employees may elect to purchase SST stock through payroll deductions. SST provides a 10% discount off the stock's market price on the purchase date to encourage employees to build company ownership.
401(K) Retirement Savings Plan
The SST 401(K) Savings Plan provides a vehicle for employees to save for their retirement. Your 401(K) account grows over time through employee deposits and investment earnings.
Other Benefits
SST also offers the following additional benefits:
Flexible Spending Plan
Under this plan, employees can establish an account to cover personal health care spending and/or dependent care spending on a pre-tax basis to pay for unreimbursed health care expenses or dependent care expenses.
Fitness Programs
SST employees at the Sunnyvale location may join the Decathlon Club at a reduced corporate rate.
Combined Time Off and Holidays
During the first year of employment, SST employees receive 15 paid days off for vacation, illness or personal business each year. The number of days off increases with the number of years of employment. In addition, SST employees enjoy 10 paid holidays each year.