UTStarcom Inc offers a comprehensive benefits package that supports our employees in their efforts to manage major priorities like health care, wellness, retirement planning, and financial security for themselves and their families. All U.S.-based full-time regular employees and part-time regular employees (scheduled to work 30 or more hours per week) at UTStarcom Inc. are eligible to participate in the following benefits:
Medical plans
Employees' spouses, children, domestic partners, and domestic partners' children are all eligible for coverage under UTStarcom; medical plan availability varies by location:
- Aetna PPO, HMO, POS, or Healthfund
Dental plan
- PPO and HMO dental plans.
Two dental plans in one that allow you to change back and forth throughout the year.
Vision plan
- Vision Service Plan (VSP):
Coverage for annual eye exams, glasses, and or contact lenses with co-pay when accessed through network providers.
Flexible spending accounts
UTStarcom Inc. offers money-saving flexible spending accounts that allow employees to set aside pretax dollars for their annual child-care and health-care expenses
Life insurance
UTStarcom Inc. provides company-paid basic life and accident insurance at 2 time annual base salary, up to $500,000 per year.
Employee Assistance Plan
Confidential, professional counseling and assistance with life-management issues.
Stock options/Employee Stock Purchase Plan (ESPP)
UTStarcom Inc. stock plans provide employees the opportunity to participate in the long-term success of the company. The ESPP allows employees to purchase stock at a 15 percent discount at specified times during the year.
401(k) program with employer match
UTStarcom Inc. supports employees' efforts to plan for their retirement by providing a discretionary employer match. Each plan year, the employer match will be announced.
Paid Time Off
UTStarcom Inc. offers a Paid Time Off policy that provides additional days to employees who use their hard-earned time off. The plan works like this:
- Years 0-1: 20 days PTO
- Years 2-5: 22 days PTO
- Years 5-10: 25 days PTO
- Year 10+: 27 days PTO
Paid Company Holidays
UTStarcom Inc. observes 10 paid holidays per year.
Other benefits:
- Tuition reibursement
- Business Travel Accident & Medical Insurance
- Short and long term disability insurance programs
- Credit Union
- Health Club (Specific to location)
*Program structure and availability differ by location.
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