CAREERS
Sonics, Inc. provides a comprehensive benefits package. Here is a sample of the 2007-2008 employee benefits:
MEDICAL
A choice of medical plans from Blue Shield PPO, Blue Shield HMO, and Kaiser Permanente – California. Sonics, Inc. pays 100% of the medical premiums for employees, and 75% of the premiums for dependents (pre-tax).
www.mylifepath.com
www.express-scripts.com Rx Mail Order Express website for Blue Shield
www.kaiserpermanente.org
DENTAL
Delta Dental Plan of California (Premier). Sonics, Inc. pays 100% of the medical premiums for employees, and 75% of the premiums for dependents (pre-tax).
www.deltadentalca.org
VISION
Vision Service Plan. Sonics, Inc. pays 100% of the medical premiums for employees, and 75% of the premiums for dependents (pre-tax).
www.vsp.com
EMPLOYEE LIFE INSURANCE and AD&D
Through AIG American General, Employee Life benefit is $50,000. Option to purchase increments of $10,000 subject to plan maximums.
www.aigemployeebenefits.com
SHORT TERM DISABILITY
Through AIG American General, Employee Life benefit is $50,000Provides 60% monthly to a weekly benefit maximum of $2,000. Benefits are payable after 7 working days for injury or sickness. Benefit duration is 13 weeks.
LONG TERM DISABILITY
Through AIG American General, Employee Life benefit is $50,000. 66 2/3% of monthly base salary; with a maximum benefit of $6,000. Benefits are payable after 90 days of disability. Benefits are payable as long as you remain disabled up to age 65 (In some instances benefits may be payable after 65)
www.aigemployeebenefits.com
FLEXIBLE SPENDING ACCOUNT
ADP Flex Direct. Pre-tax dollars may be used for eligible health care and dependent/elder care expenses.
| Annual Amount You May Contribute |
Minimum |
Maximum |
| Health Care Flexible Spending Account |
$200 |
$5,000 |
Dependent Care Flexible Spending Account
(Married filing jointly) |
$200 |
$5,000 |
Dependent Care Flexible Spending Account
(married filing individually) |
$200 |
$2,500 |
|
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AFLAC SUPPLEMENTAL BENEFITS (Voluntary)
CANCER INDEMNITY PLAN
First Occurrence Benefit of $5,000 or $2,000 depending on level of plan, plus over 30 additional benefits, including Wellness benefits. You can cover your family as well.
See AFLAC Supplemental Benefits Sheet posted on Sonnet.
HOSPITAL INDEMNITY PLAN
Plan for high-deductible health plans, Health Savings Accounts or to supplement any major medical plan. The protection you need, when you need it.
See AFLAC Supplemental Benefits Sheet posted on Sonnet.
LONG TERM CARE
Rates for Long-term Care vary based on age, benefit amount, and length of benefits. Pleae contact AFLAC rep to customize a long-term are plan that fits your budget.
401(k) PLAN -- CALENDAR YEAR
Eligibility: First day of the month following date of hire. Salary deferral: IRS maximum of $15,500 for 2007 & 2008 and participants who reach age 50 by 12/31/2007 & 12/31/2008 can defer $20,500 for 2007 & 2008.
Investment options are offered by The BEST of AMERICA through Plan Design Consultants, Inc.
www.plandesign.com
www.nationwidefinancial.com Investment changes and Record keeper
PERSONAL TIME OFF
Accrue eighteen (18) working days of paid time off per year for vacation, illness, and emergencies.
PAID HOLIDAYS
Sonics Inc., has 8 paid holidays
An additional 2 floating holidays to use at your discretion
PATENT INCENTIVE BONUS PROGRAM
As an Intellectual Property company, Sonics considers its patent portfolio and the inventions of its employees very critical to the Company’s future success. The purpose of this reward program is to provide incentive for Sonics employees and consultants to prepare and file patent applications on behalf of the Company on a timely basis. This policy also establishes a formal financial reward mechanism and details the timing of such rewards.
We, here at Sonics, are committed to equal opportunity employment principles, and recognize the value of committed employees who feel they are being treated in an equitable and professional manner. We strive to find ways to attract, develop, and retain the talent needed to exceed business objectives, and to recruit and employ highly qualified individuals representing the diverse communities in which we live.
We are committed to fostering an environment in which all individuals are valued equally. Acceptance and appreciation of other cultures, ways of thought, and dispositions are valuable contributions to a successful and rewarding working environment.
CURRENT OPENINGS:
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